Ireland, FDI, and the difference between Aviva and TalkTalk
Sep 22nd, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Job-losses at the Irish subsidiaries of multinational companies are starting to make headlines again. The perception has been created that we are currently experiencing a large number of number of plant closures, driven by a loss of Ireland’s competitiveness as a location for foreign direct investment (FDI). In line with this, we see the usual calls for a change in our industrial and enterprise policy, notably reducing our dependency on FDI and a focus on developing an indigenous capacity (see Prime Time, 20 September 2011). To inform this debate it may be helpful to investigate the detail of recent divestments.