Ireland as a Location for Overseas Investment.

Rochford, Niamh (2000) Ireland as a Location for Overseas Investment. Undergraduate thesis, Dublin, National College of Ireland.

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There is a widely held view that overseas companies invest in Ireland to avail of the generous grant packages offered by the Government Development Agencies, and that when the term of their grant agreement with the agency expires, they close their Irish operations and move elsewhere to avail of similar financial incentives.

While it is true that there have been closures, some of them significant for local communities, the majority of overseas companies have been in Ireland for a considerable period of time, and many of them have further expanded and diversified their operations here.

There is a contra view which says that Ireland has been, and continues to be, one of the best and most profitable locations in Europe for overseas companies to locate internationally traded manufactured goods and services projects, and to expand and diversify their activities. This contra view also says that the Inward Investment Programme in Ireland has been mutually beneficial to the overseas companies that locate here and to the Irish economy.

The Inward Investment Programme that was spearheaded by the Industrial Development Authority (now IDA Ireland) when it was established in 1969, has been endorsed and supported by successive Irish Governments over the past four decades. The Programme is credited by many economists as being one of the key drivers of the "Celtic Tiger" economy.

This thesis traces the background of the Inward Investment Programme in the context of Irish economic success. It researches by means of a postal questionnaire the reasons why companies chose to invest Ireland rather than in alternative European locations. It also identifies issues of concern to the existing base of overseas companies that have arisen as a direct result of the success of the Inward Investment Programme and Irelands recent and current economic boom.

The thesis establishes that while industrial policy governing the inward investment programme has been effective in national absolute terms, issues are emerging that need to be addressed to ensure success for the future of the programme into the first century of the new millennium.

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HG Finance > Investment > Foreign Direct Investment
J Political Science > JN Political institutions (Europe) > Ireland
Divisions: School of Business > BA (Honours) in European Business and Languages
Depositing User: SINEAD CORCORAN
Date Deposited: 05 Aug 2010 11:06
Last Modified: 14 Jan 2015 15:53

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