Essay - U.S. Business in Foreign Country Executive Summary Ireland as Often...

U.S. business in foreign country

Executive Summary

Ireland as often been called the Celtic Tiger over the past decade, and indeed, its economic growth has brought it, in record time, from a third-world st*****tus to the most global nation in the world, according to recent reports. It has done this by applying energy ***** creativity to enticing foreign investment to form a vibrant industrial base. Moreover, it ***** attracted relatively clean industries, high-tech primarily, which have also put it in an excellent position ***** beg***** ***** current initiative in attracting *****-class scientists to work and make available their discoveries for development in Ireland. In addition to the hospitable ***** climate, the geography and climate of the nation are also attractive. In addition, it has relatively few of the problems associated with ********** societies, although it is beginning to see some negative effects, in addition to ***** numerous positive ones, from its full entry into the European Union.

*****

Geography and *****

***** and communications

Population

Communications barriers

***** regulations affecting foreign businesses

Future economic *****s

Economic conditions

***** tax considerations

Other factors

Cultural issues

Conclusion

***** A Appendix B

***** C

***** of Figures

Figure 1: Map of Ireland

Figure 2: Real GDP rates

Figure 3: Corporate taxation rates

Introduction

For at least the past decade Ireland (the Republic of Ireland, a sovereign n*****tion, as opposed to Northern Ireland, a p*****rt of Great Britain), has enjoyed the nickname "Celtic Tiger" because ***** its flourishing economy. In fact, in less than a generation, Ireland transformed itself form an agricultural backwater to a dynamic *****dustrialized nation; best of all, the industrialization was done mainly with ***** that are relatively easy on ***** environment. (Rapple, 2000, 207+) ***** short, it went directly ***** the Iron Age to the in*****ation age without looking back. Its recent prosperity was founded on luring mammoth international companies such as Intel, Digital, Sun Microsystems, Dell, Motorola, Oracle, Micros*****t, Pfizer, and Johnson & Johnson. Much of the attraction was generous government incentives to locate in Ireland; ano*****r fac*****r in the equation ***** doubtless the proximity to the huge ***** cont*****ental markets (*****, 2000, 207+), enhanced after Ireland became a member of ***** Europe*****n Union in 1973. At that *****, ***** was on the receiving end ***** EU "structural funds" designed to bring less prosperous nations up ***** par; *****se days, it is in the grantor position *****stead. (Rapple, *****, 207+)

In *****, a highly educ*****ted workforce, in which there is 98 percent literacy ***** English (multiple sources), was also an attraction.

That is part of the attraction that has allowed a new thrust ***** serious scientific experiment on ***** world-class order; interviews with two members of Science Foundation Ireland shed light on the next phase of economic ***** the Celtic ***** intends to explore.

In 2000, " the influential journal Foreign Policy awarded ***** the title of the world's most globalized nation" (Rapple, 2000, 207+). Despite the dampening fac*****r, arguably, of the very powerful Roman Catholic Church in Ireland,