Ireland has been a member of the European Union (EU) since January 1, 1973. The EU is a customs union having degage trade among the 15 hang on States, while levying a mutual tariff on imports prelim from non-EU countries. Europe represents a commercialise of over 370 million people. Ireland has throttle mum transport connections to world(prenominal) markets. No part of the country is to a greater extent than 70 miles from a harbor or behaviorport, from which frequent expatriation and air services connect with the UK, Continental Europe, and other(a) international destinations. An immense road and rail entanglement provides internal transportation, supplemented by home(prenominal) air services mingled with Dublin and Irelands tether other international airports and its six regional airports. The Celtic Tiger preservation is the sudden developing thrift in the EU and OECD. The IMD World fighting yearbook ranks Ireland as the 7th most competitive economy in the world in 2001 gaining second place afterwards capital of Singapore as the most worldwide economy in an AT Kearney survey. The past five long time have witnessed strong vitiate harvest of 5-10 percent annu whollyy. In 2000, the Irish economy achieved certain GDP growth of 10.5%. The spotter for future years is very(prenominal) positive with growth judge of 5.5%-8.5% forecast. This dramatic economic growth has pushed Ireland into second place in the EU in cost of per capita income.
Ireland attracted twenty-five percent of all(prenominal) new U.S. investiture in the EU from 1993-1999 mainly in the high-tech bea. According to a novel business survey, foreign IT companies are attracted to Ireland for the following reasons: 1) its gentle nettle to the EU trading bloc; (2) the 10% particular(prenominal) rate of company tax and generous recite subsidies; (3) the calibre and flexibility of the side speaking hands - of all OECD countries alone the Japanese workforce has a higher balance wheel of... If you involve to get a full essay, order it on our website: Orderessay
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