Investment retreat from Ireland: Anomaly or trend?

S. Benjamin Prasad

European Management Journal, 1987, vol. 5, issue 3, 200-204

Abstract: The Republic of Ireland, through its Industrial Development Authority (IDA), has been successfully involved in the process of industrialisation for more than a quarter of a century. A general measure of IDA's performance can be established in terms of the number of direct investment decisions made by foreign firms and the number of jobs created at home. The purpose of this article is to report the findings of a research project which asked the foreign investors about their motives for investing as well as their reasons to divest. This paper deals with the second theme. One general conclusion that can be drawn from survey results and personal interviews held in Ireland during 19841985 is that whereas some foreign firms still see the Irish industrial environment as attractive the same proportion sees it as no longer profitable. This conclusion suggests that it would be useful for Ireland to give urgent and serious attention to this emerging problem.

Date: 1987
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