After decades of poor economic performance, the Irish government has taken a major change in economic policy in 1987. By the end of 1990, real GDP growth rate of Ireland is almost 10% per year higher than that of all the countries of the European Union (EU). A key component of the growth strategy in Ireland was to encourage foreign direct investment due to low tax rates and financial and logistical support from the Irish Industrial Development Agency (IDA). In 1999, Ireland raised the question of stability "Irish miracle" in conditions of reduced access to EU funds, more intense physical infrastructure, as well as issues of equity in the distribution of economic benefits among the population. The case involves significant material relating to the Irish political, social and historical context, in addition to traditional economic statistics. "Hide
by Willis Emmons, Adele Cooper, J. Richard Lenane Source: Harvard Business School 25 pages. Publication date: April 12, 1999. Prod. #: 799132-PDF-ENG
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