Irish Industrial Policy: The Constraints and Opportunities of an Open Economy

Brian Girvin

Journal of Public Policy, 1983, vol. 3, issue 1, 81-95

Abstract: Irish industrial policy is of recent origin. Free trade has replaced an earlier reliance on protection to generate industrial growth. For the past 25 years Irish industrial policy has been characterised by the attraction of foreign capital, export-led industrialisation, and state intervention. The Industrial Development Authority has been the major agency in orchestrating this policy of development. Multinational corporations have made a significant contribution to this process. The current recession has led to a deeper involvement by the state in industrial policy. Corporatist instruments have been devised which retain considerable influence. Industrial policy is experiencing further change. There is a new emphasis on the generation of an independent Irish industrial sector, while monetary constraints are imposing restrictions on the range of policy options open to the state.

Date: 1983
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