Republic of Ireland: Outside influences
There are many sectors in Ireland which are ripe for investment both now and in the future. Daniel Walsh and David O'Donnell identify the outside areas which could see the most action
The business climate in Ireland today has its roots in decisions made by successive Irish Governments since the 1950s to place a major emphasis on encouraging foreign inward investment as a means of stimulating export-based industries. Because of its small size, the Irish economy is highly dependent on foreign trade. Since 1985, the value of exports has exceeded imports and exports now account for three-quarters of national output, a level unique in Europe.
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