Positive implications of globalisation for Ireland

What are positive implications

Economic growth, job creation, export expansion, improved living standards

Economic growth

Ireland became one of the wealthiest countries in Europe ( GDP per capita ) through significant economic growth which was driven by increase FDI and expansion of multinational companies in Ireland

Job creation

Influx of multinational corporations created numerous job opportunities, bring high paying jobs, contribute to development of a skilled workforce

Export expansion

Enabled Ireland to expand its export markets, Ireland became a major exporter of goods, services particularly in high value sectors such as pharmaceuticals, technology, financial services

Improved living standards

Higher incomes, better job opportunities contribute to a higher quality of life