Breathnach, Proinnsias
(2007)
Changing Patterns of International Investment:
Implications for Urban Development in Ireland.
Journal of Irish Urban Studies, 4-6.
pp. 21-36.
ISSN 1649-1920
Abstract
Ireland is a country which has become extraordinarily dependent on inward
investment as the main driver of its economy over the last 50 years. According to
the United Nations Conference on Trade and Development (UNCTAD)
"transnationality index" (a composite index based on a number of indicators of the
relative intensity of inward investment), Ireland has the second highest level of
penetration by foreign direct investment (FDI) in the world (after Hong Kong): its
index of 63.2 compares with a weighted average of just over ten for all developed
countries (UNCTAD, 2006). This reflects the fact that, unlike countries such as
South Korea and Taiwan, which made judicious and selective use of FDI as an aid
in the promotion of their indigenous industrial capacity, in Ireland, since the
introduction of the inward investment promotion policy in the l~te 1950s, the
attraction of inward investment per se has been the main plank of industrial and
economic policy.
| Item Type: |
Article
|
| Keywords: |
Changing Patterns; International Investment;
Implications; Urban Development; Ireland; |
| Academic Unit: |
Faculty of Social Sciences > Geography |
| Item ID: |
9199 |
| Depositing User: |
Proinnsias Breathnach
|
| Date Deposited: |
30 Jan 2018 14:46 |
| Journal or Publication Title: |
Journal of Irish Urban Studies |
| Publisher: |
Urban Environment Project, UCD Urban Institute Ireland |
| Refereed: |
Yes |
| URI: |
|
| Use Licence: |
This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available
here |
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