Foreign direct investment in an underdeveloped European economy — the Republic of Ireland |
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Authors: | Frank Long |
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Affiliation: | Wolfson College, Oxford and UNCTAD, Geneva, Switzerland |
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Abstract: | This paper examines the role of foreign direct investment in the setting of the Republic of Ireland, and comes to the firm conclusion that the unbridled accommodation of foreign capital initiated since 1958 and still in vogue, offers important obstacles to long-term socio-economic and political development in the country. |
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