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Export Structure, FDI and the Rapidity of Ireland’s Recovery from Crisis

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  • Frank Barry

    (Trinity College Dublin)

  • Adele Bergin

    (The Economic and Social Research Institute, Dublin)

Abstract

The FDI-intensity of the Irish economy has been a frequent topic of contributions to The Economic and Social Review over the years. The paper begins by reviewing the FDI-related distortions that complicate the measurement of Irish economic performance. It then extends the analysis to discuss how these might affect the identification of the factors behind the strength and rapidity of the recent recovery. The measures underlying the ‘internal devaluation’ perspective are shown to be infected by these same distortions. The asymmetric characteristics of the Irish economy are argued to require that greater attention be paid to export structure than is standard in textbook macroeconomic analysis.

Suggested Citation

  • Frank Barry & Adele Bergin, 2019. "Export Structure, FDI and the Rapidity of Ireland’s Recovery from Crisis," The Economic and Social Review, Economic and Social Studies, vol. 50(4), pages 707-724.
    • Handle: RePEc:eso:journl:v:50:y:2019:i:4:p:707-724
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    References listed on IDEAS

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    Cited by:

    1. Cormac Ó Gráda & Kevin Hjortshøj O'Rourke, 2022. "The Irish economy during the century after partition," Economic History Review, Economic History Society, vol. 75(2), pages 336-370, May.
    2. Keegan, Conor & Brick, Aoife & Bergin, Adele & Wren, Maev-Ann & Whyte, Richard & Henry, Edward, 2020. "Projections of expenditure for public hospitals in Ireland, 2018–2035, based on the Hippocrates Model," Research Series, Economic and Social Research Institute (ESRI), number RS117, August.

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    exports; FDI; Ireland;
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