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R&D functions by multinational companies in Ireland, in relation to their contribution to the long-term growth of the economy.

Dunne, Aine, M. (2002) R&D functions by multinational companies in Ireland, in relation to their contribution to the long-term growth of the economy. Undergraduate thesis, Dublin, National College of Ireland.

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Abstract

If Eamon De Valera had not introduced Protectionism with the Control of Manufactures Act of 1932, Ireland would have joined the post-war boom, which lifted Europe into the most sustained period of economic growth ever. The economic collapse of the 1950's forced changes on Irish policy-makers. The Control of Manufactures Act which prohibited foreign ownership, was abolished and replaced by a policy that systematically cultivated inward investment by
offering a zero corporate, profits tax on manufactured exports.

Today, Ireland is the fastest growing economy in Europe with a competitive cost environment and people that are productive and flexible. The tax rate on corporate
profits stands at ten per cent until December 2002, which is still competitive and comparatively low. Surveys show that foreign investors consider the quality and the 'can do' flexible attitude of the Irish people to be two of the country's greatest attributes. Ireland has experienced five straight years of stunning economic performance and today is a world leader of a number of aspects of economic
performance. The key factors to the success are the continuing influx of overseas companies locating manufacturing and service companies in Ireland.

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HD Industries. Land use. Labor > Specific Industries > Multinational Industries
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HB Economic Theory > Business Cycles. Economic Fluctuations
Divisions: School of Business > BA (Honours) in European Business and Languages
Depositing User: Aisling Gorby
Date Deposited: 12 Apr 2010 16:52
Last Modified: 22 Sep 2014 07:33
URI: http://trap.ncirl.ie/id/eprint/25

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