This dissertation examines the critical importance of foreign direct investment in the growth of Ireland. It explains the reasons for Ireland’s success and identifies the key steps in the history. The analysis is carried out in terms of the role of the Irish government policy in promoting foreign direct investment. Without the influence of foreign direct investment inflows, the economy would not have grown to the extent as it has. This paper will also show how important foreign direct investment is for the Irish economy in the future. The paper describes several theories about foreign direct investment. It addresses the advantages and disadvantages. More in depth this paper investigates the determinants of financial services sector investments abroad. It will also be shown how the Industrial Development Authority as an agency and the International Financial Services Centre contributed to Ireland’s success. The example Hypo Real Estate Bank International illustrates how an investment in Ireland succeeded. This paper should attract readers with an interest in the Irish history and economy, in the role of foreign direct investment for a country’s economy, or in financial services sector investments abroad.
Inhaltsverzeichnis (Table of Contents)
- 1 Introduction
- 2 The Irish economic miracle
- 2.1 Reasons for Irelands success.
- 2.2 The Irish tax system as one main reason for the success
- 2.3 How sustainable is Ireland's success?
- 3 What is foreign direct investment?
- 3.1 The basics...
- 3.2 Theories about foreign direct investment..
- 3.3 Greenfield investment.
- 3.4 Advantages of foreign direct investment for economies and companies.….....
- 3.5 Criticism and disadvantages.....
- 3.6 Foreign direct investment in the services sector
- 3.6.1 The services sector in general
- 3.6.2 The determinants of financial FDI
- 3.7 Recommendations for foreign direct investment and expectations for the future ………..\n
- 4 Foreign direct investment in Ireland as the reason for economic growth and wealth...
- 4.1 Foreign direct investment as the driving force.....
- 4.2 IDA Ireland: A key player ......
- 4.3 Linkages into the global economy
- 5 The international financial services sector as an important foreign direct investor in Ireland
- 5.1 The main location for financial services foreign direct investment - The IFSC. _
- 5.2 The successful Hypo Real Estate Bank International connected with the theory.
- 5.2.1 The Hypo Real Estate Group and the Hypo Real Estate Bank International.
- 5.2.2 The experiences of the Hypo Real Estate Bank International..
- 5.3 Other examples in the financial sector.
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This dissertation examines the significance of foreign direct investment in Ireland's economic growth. It aims to explain the reasons for Ireland's success and analyze the role of government policy in promoting foreign direct investment. The dissertation also explores the sustainability of Ireland's economic success and the future prospects of foreign direct investment in the country.
- The importance of foreign direct investment in Ireland's economic growth
- The role of government policy in attracting foreign direct investment
- The determinants of foreign direct investment in the services sector
- The significance of the International Financial Services Centre (IFSC) in Ireland
- The advantages and disadvantages of foreign direct investment for economies and companies
Zusammenfassung der Kapitel (Chapter Summaries)
The first chapter introduces the topic of foreign direct investment in Ireland, setting the stage for the subsequent analysis. Chapter 2 delves into the "Irish economic miracle," exploring the reasons behind Ireland's economic success and examining the role of the Irish tax system in this growth. Chapter 3 provides a comprehensive overview of foreign direct investment, defining the concept, discussing various theories, and exploring the advantages and disadvantages of attracting such investment. The chapter also examines the specific case of foreign direct investment in the services sector, with a focus on financial services. Chapter 4 focuses on the impact of foreign direct investment on Ireland's economy, highlighting the role of the Industrial Development Authority (IDA) and the linkages to the global economy. Finally, Chapter 5 explores the international financial services sector as a key foreign direct investor in Ireland, focusing on the IFSC and the successful case of Hypo Real Estate Bank International.
Schlüsselwörter (Keywords)
This dissertation focuses on the role of foreign direct investment in Ireland's economic growth, exploring key themes such as the Irish economic miracle, the Irish tax system, government policy, the services sector, financial FDI, the International Financial Services Centre (IFSC), and the Industrial Development Authority (IDA). The dissertation also examines the advantages and disadvantages of foreign direct investment and its impact on both economies and companies.
- Quote paper
- Andreas Epperlein (Author), 2004, Foreign direct investment in Ireland under consideration of the financial services sector in particular, Munich, GRIN Verlag, https://www.grin.com/document/41054
