Ireland in 2004
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This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
Case Code |
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ECOA117 |
For delivery in electronic format: Rs.
300; For delivery through courier (within India): Rs.
300 + Shipping & Handling Charges extra
Themes- |
Case Length |
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18 Pages |
Period |
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2004 |
Organization |
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Pub Date |
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2004 |
Teaching Note |
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Not Available |
Countries
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Ireland |
Industry |
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Abstract:
Ireland has emerged as one of the most globally competitive economies in the
world. A combination of factors has turned the Irish economy into a 'Celtic
Tiger'. These include tough cuts in government spending since the late 1980s,
'National wage partnership programmes' which fostered co- operative industrial
relations, reduction in taxes, targeted Irish government programmes to attract
foreign direct investment and financial support from the European Union. The
return of the Fianna Fail (soldiers of destiny) and progressive democrats to the
coalition government after the May 2002 parliamentary elections is seen by many
as a vote of confidence in the centre-right policies of the previous
administration.
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Economic growth slowed in the first nine months of 2003,
compared with 2002. Investment, exports and imports showed negative growth. The
manufacturing sector was the hardest hit. But Irish equities rebounded strongly
in 2003, in line with developments elsewhere in Europe and north America. A
surge in revenue towards the end of 2003, combined with stricter expenditure
control, has ensured that the budget almost balanced for the full year.
Contents:
Keywords:
Irish economy, European Union, Celtic Tiger, Foreign direct
investment, Ango-Irish treaty, European economic community, Labour reforms in
Ireland, Fianna Fail, Progressive democrats, Irish government, Irish industry,
Foreign trade in Ireland, Irish Chambers of Commerce, Foreign investments in
Ireland, Software industry in Ireland.
Ireland in 2004
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