Ireland's Economic Transition: The role of EU Regional Funds - and other factors
نویسنده
چکیده
Ireland's economy has made an outstanding progress in the last 40 years goingfrom a relatively poor country to the present EU average per capita income. The Irish economy was deliberately opened around 1960, after decades of following an import-substitution industrialisation policy. The Irish government established an agency for attracting FDI and decided to apply for membership in the EEe. Before joining EEC Ireland signed the Anglo-Irish Free Trade Agreement (AIFTA) with the UK in 1965. Eight years later Ireland finally joined EEC together with UK and Denmark. Today, the main risk facing the Irish economy in the medium term is a global recession, especially one originating in the US which is the source of most of Ireland's FDI.
منابع مشابه
www.econstor.eu The EU Structural Funds as a Means to Hamper Migration
Comparing the current economic situation of the internal markets of the US and the EU, two things are noticeable. On the one hand, the EU is conducting massive regional policy programmes (notably with their Structural Funds) to foster economic cohesion among the 27 nations belonging to the single European market while in the US with its 50 federal states such policies play a rather subordinate ...
متن کاملدرسهای همگرایی اتحادیه اروپا برای اکو
EU relative success of regional integration has encouraged other regions of the world to make new regional arrangements with the aim of economic growth and development as well as extending peace and friendship in their own regions. Economic Cooperation Organization (ECO) was formed in line with the same goals. At the first glance, these two regional bodies might seem incomparable as far as thei...
متن کاملThe Impact of Integration on International Trade Flows: the Cases of EU, OIC & ECO
The growth of regional trade blocks has been one of the major developments in international relations in recent years. Regional agreements vary widely but, all have the objective of reducing barriers to trade between member countries that in most cases result in increasingly trade flows and economic growth. This paper attempts to explore the results of trade integration in ECO, EU and OIC block...
متن کاملin st itu te 2012 / 03 Infrastructure and regional growth in the European Union by Riccardo Crescenzi and Andrés Rodríguez - Pose February 2012
Transport infrastructure has represented one of the cornerstones of development and cohesion strategies in the European Union (EU) and elsewhere in the world. However, despite the considerable funds devoted to it, its impact remains controversial. This paper revisits the question of to what extent transport infrastructure endowment – proxied by regional motorways – has contributed to regional g...
متن کاملReform of the Structural Funds after 1999(1)
Article 2 of the Treaty on European Union (TEU) makes it clear that cohesion is one of the fundamental principles the EU seeks to respect. Cohesion, however, is not an easy concept to pin down, although it is linked (in Article 130A of the TEU) to disparities between regions. In practice, what constitutes cohesion is a political rather than an economic judgment; disparities tolerable today may ...
متن کامل