Monthly Archives: August 2005

Ireland’s Fragile Economic Success

Ireland’s indigenous exports have grown negligibly over the past decade.  In contrast industrial exports of US firms in Ireland have boomed and now represent some 80 percent of the total. Were US firms to drift abroad during the coming years Ireland would rejoin the ranks of Europe’s most impoverished nations. Ireland is deeply indebted to the creative and entrepreneurial skills derived from the US and consequently much dependent on the potential vagaries of US corporate and government policy.

Ireland and Finland are frequently mentioned in the same breath as European success stories. Yet there is a significant difference. Finland’s growth … Continue reading...