I. Introduction
The Irish economy is one in which, as in Europe in general, industrial activity is unevenly distributed. Some sectors perform - and have developed - better than others. Some have concentrated spatially to a greater extent than others. Yet this uneven development has been the basis for Ireland's recent economic growth. The causes of this unbalanced industrial development include a complex interplay of historical, cultural and institutional factors in addition to traditional comparative advantage. All of these forces operate in the context of an increasingly integrated Europe.
Ireland's economy can be characterised as one which is small and open. A large percentage of Ireland's economic activity takes place in the international sector, through exports and imports. In this paper we will examine different schools of trade theory and their respective explanations of differential industrial development between countries and regions. We will examine to what extent these......
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Approximate Word Count: 7159
Approximate Pages: 28 (260 words per double-spaced page) |