Ireland’s Attractiveness for Foreign Direct Investment

The Irish economy is one of the most competitive markets of the world economy. With the combination of various factors, Irish development has made the country an attractive investment destination, so this paper identifies a variety of factors that affect Irish development and identifies various factors such as politics, economics, social culture, etc. Provide side. , Technology, Environment and Legal System (PESTEL), these systems are combined with control, risk, cost and effectiveness as an attraction of that country's Foreign Direct Investment (FDI).

According to a survey by the Non - Socio - Economic Institute (ESRI), the Ireland corporate tax rate has been successful in attracting foreign investors to invest in Ireland. According to the survey, if the Irish tax rate is changed from 12.5% ​​to 13.5%, the possibility of the company choosing a location for foreign direct investment will be reduced by 4.6%. However, it is not just GDP. After Ireland's latest GDP data was announced, some economists called "pointless" indicators. Part of the reason is part of the reason for GDP growth as companies like Apple last year had to pay higher taxes and therefore generate more money. It is a government. This emphasizes the fact that many of the profits reported by Ireland are not necessarily related to the local operations of companies in which it resides, but rather to the accounting of these companies.

Investment in education has created a highly skilled labor force that has attracted valuable high-tech industries. Foreign direct investment (FDI) is a major growth source, important to the success of Ireland, encouraged through financial and fiscal policies, and taxation in particular plays an important role in attracting offshore investment . In addition, microeconomic stability provides a stable environment for growth and development. The former Irish Government has implemented a series of domestic economic plans aimed at curbing inflation, reducing government expenditure, and promoting foreign investment. They also adopted and adopted similar economic management methods such as fiscal austerity, exchange rate stability, national wage agreement.