Ireland, in employment terms, is the most FDI-intensive economy in the EU. International comparisons of trends and levels of FDI intensity are usually based on balance-of-payments data however, and the international data series on Ireland’s inward FDI tell hugely conflicting stories. Such...

Ireland was one of the initial EU member states to move to currency union as of January 1st 1999. The single-currency project, and Ireland's participation in it, had been vigorously debated within the Irish economics community in the 1990s. The paper reviews this debate with three particular...

Most agricultural output in early 20th century Ireland was consumed on the farm or exported in an unprocessed state. A significant share nevertheless served as an input to Irish industry. While farmers and agri-business firms operated on opposite sides of the market, their relationship was...

It has recently been argued that several fiscal contractions can, through their impact on expectations, lead to growth in consumption, investment, and employment. Since such contractions typically occur because adjustment has been delayed due to fear of aggravating unemployment, the authors...

Book Review.

A model of a small open economy with open capital and labour markets is presented. Labour demand is based on capital mobility and increasing returns in production. Migration decisions are based on the relative attractiveness of regions in terms of the stock of infrastructure, including its tax...

The CEEC share of Irish exports has grown fivefold since transition began, with export sales expanding in all sectors. Even at current income levels there remains scope for a further doubling of exports, and trade will grow even more substantially if accession facilitates the CEEC in converging...