It is believed by some observers that the banking system needs to be scaled back, as it had become too large over the past decade (Brennan & Doyle, 2010). The country has also cut back its government spending in an effort to assuage markets, but the markets viewed the austerity measures are harming the country's chance to rebuild its economy, so the austerity measures failed.
Ultimately, the overheated asset prices that are hurting Ireland's economy cannot be dealt with effectively with the common currency. The euro does not have effective mechanisms for dealing with such crises, and Ireland does not have sufficient influence over the euro to enforce any mechanisms that there are. Euro policy is typically dictated by Germany and France rather than the small economies within the Eurozone. Exhibit a shows the U.S./Euro exchange rate history for the past five years.
Ireland is an export-driven economy that maintains a…...
mlaWorks Cited:
CIA World Factbook. (2010). Ireland. Central Intelligence Agency. Retrieved November 23, 2010 from https://www.cia.gov/library/publications/the-world-factbook/geos/ei.html
Geert-Hofstede.com (2010). Ireland. Geert-Hofstede.com. Retrieved November 23, 2010 from http://www.geert-hofstede.com/hofstede_ireland.shtml
Beattie, W. (2010). IMF faces questions over Irish bailout. Financial Times. Retrieved November 23, 2010 from http://www.ft.com/cms/s/0/ea57f77c-f66c-11df-846a-00144feab49a.html
Doyle, D. (2009). Krugman says Ireland is facing "grinding deflation." Bloomberg. Retrieved November 23, 2010 from http://www.bloomberg.com/apps/news?pid=newsarchive&sid=auuir67abUG4
For example, the European Commission is concerned about the possibility of Ireland's deficit going out of control and surpassing the 3% limit that the European Monetary System imposes. In fact, the Department of Finance estimates the deficit will reach 13,3 billion euro, that is 7% of GDP. (Keenan 2008) the introduction of the European Monetary union caused financial shocks in Ireland, affecting especially the nominal interest rates which fell. This had a consequence upon the capacity of the labour market to "absorb immigration" and it will continue to affect employment performance through the diminishment of competitiveness. (Honohan 2005). This, together with the international financial crisis will diminish the country's capacity to attract FDI. As the prices go up, the state is forced to intervene in order to support categories such as the young, the poor, etc. This means a reorganization of the budget with a more socially-oriented perspective. This…...
mlaBibliography
Berry, Rebekah. "U.S. Foreign Direct Investment in Ireland: making the most of other people's money." (Accessed November 15, 2008)http://www.lehigh.edu/~incntr/publications/perspectives/v19/Berry.PDF .
Commission takes action against Ireland over deficit." Irish Times. November 2008.
November 13, 2010); Ireland is facing severe headwinds for future growth. The depression of the real estate market and the decline in the availability of capital stock for investment through the banking system is of primary concern to policy makers. With the acceptance of the European Union bailout the demand for Ireland to incorporate austerity measures and increases in tax rates pose obturations for growth. An increase in the corporate tax rate from its level of 12.5% would seriously damage any hope of a sustainable economic recovery. According to Minister of Agriculture Simon Coveney
We are not going to commit economic suicide by raising a corporate tax rate that has served Ireland well and that will be of significant assistance to us in rebuilding our economy, which will be export-led and which will be reliant on future foreign direct investment in Ireland. (Beesley, a. March 18, 2011)
Beyond tax policy the…...
mlaReferences
Bagus, P. (November 13, 2010). The Irish Subjugation. Ludwig von Mises Institute.
Retrieved April 7, 2011 from http://mises.org/daily/4876
Beesley, a. (Mar 18, 2011). Corporate Tax move 'Economic Suicide'. The Irish Times.
Retrieved April 7, 2011 from
" IFRS has an entirely different approach, focusing on objectives, and also encourages the use of "illustrative examples relating to specific events and transactions." The GAAP system is therefore significantly more robust.
There are also differences between the systems with respect to the valuation of inventories, where GAAP permits LIFO and IFRS does not. IFRS also insists that "all inventories having a similar nature" are valued using the same formula, something that GAAP does not require. ith goodwill, there are some significant differences, for example in the methodology of testing goodwill impairment, which is key to valuing goodwill on the balance sheet. The SEC document outlines in detail the differences between the systems in valuing all manner of balance sheet items. There are differences in the definition of key terms, and there are differences in the methodologies allowed in the valuation process.
It should be noted that there is an ongoing convergence…...
mlaWorks Cited:
FASB. (2008). Completing the February 2006 memorandum of understanding: A progress report and timetable for completion. Financial Accounting Standards Board. Retrieved April 4, 2012 from http://www.fasb.org/cs/BlobServer?blobcol=urldata&blobtable=MungoBlobs&blobkey=id&blobwhere=1175819018778&blobheader=application%2Fpdf
O'Rourke, T (2005). Irish GAAP converges to IFRS. Chartered Accountants Ireland. Retrieved April 4, 2012 from http://www.accountancyireland.ie/Archive/2005/October-2005/Irish-GAAP-Converges-to-IFRS/
PWC. (2012). IFRS adoption by country. Price Waterhouse Coopers. Retrieved April 4, 2012 from http://www.pwc.com/us/en/issues/ifrs-reporting/country-adoption
SEC.gov. (2011). Work plan for the consideration of incorporating IFRS into the financial reporting system of U.S. issuers. Securities and Exchange Commission. Retrieved April 4, 2012 from http://www.sec.gov/spotlight/globalaccountingstandards/ifrs-work-plan-paper-111611-gaap.pdf
Ireland is an island in the North Atlantic Ocean, located to the northwest of continental Europe: the CIA helpfully notes that its size is roughly comparable to the American state of est Virginia. Ireland lies directly to the west of England: the two islands are separated by the Irish Sea.
Ireland has a long history, and was known to the ancient Romans as "Hibernia" although the Romans did not colonize Ireland as they did with England. Tradition marks Ireland's conversion to Christianity by Saint Patrick during the Roman period. Shortly thereafter, the first of a series of invasions occurred -- first by the Danes, then by the English starting in the 12th century.
English policy toward Ireland would eventually turn the island into an English colony, effectively, and the Act of Union by the British Parliament in 1800 officially made Ireland part of the United Kingdom. But the lack of any organized…...
mlaWORKS CITED
CIA, World Factbook: Ireland. Accessed 22 February 2011 at: https://www.cia.gov/library/publications/the-world-factbook/geos/ei.html
Thomas, Landon. "Europe Stands By To Steady Ireland." New York Times, 11 November 2010. Accessed 22 February 2011 at: http://www.nytimes.com/2010/11/12/business/global/12euro.html
Ireland Minstry of the Environment, "Ireland's Pathway to Kyoto Compliance," 2006. Accessed 22 February 2011 at: http://www.environ.ie/en/Publications/Environment/Atmosphere/FileDownLoad,1289,en.pdf
Irish Tax and Customs Office, "Artists Exemption." Accessed 22 February 2011 at: http://www.revenue.ie/en/tax/it/reliefs/artists-exemption.html
Then, the demise of the real estate industry brings about the demise of the linked industries, such as the automobile industry, the furniture industry, the home electronics industry and so on. The demise of these industries would translate into the bankruptcy of numerous economic agents, the loss of jobs of millions and people, with the direct impact of a growing socio-economic problem of unemployment and the subsequent pressures of the federal budgets. Specifically, the Irish budget would have to support more and more people living on social welfare, rather than wages. Basically, if the second wave of the real estate crisis hits Ireland at the degree estimated, the country would deepen in the financial crisis.
The Irish regulators are intensifying their efforts to reduce the risk of credit defaults. Two relevant examples in this sense are constituted by the obligation of banks to wait 12 months before they seize the property…...
mlaReference:
Enrich, D., Forelle, C., 2010, Ireland's next blow could be home loans, Wall Street Journal Online, last accessed on November 10, 2010http://online.wsj.com/article/SB10001424052748703514904575602650960629366.html?mod=WSJEUROPE_hpp_LEFTTopStories
herefore, the Great War exacerbated problems in Ireland rather than create cause for peace and a united front. Not all Irish nationalists deigned to fight with the National Volunteers for Great Britain. hose who opposed helping the British used World War One as the opportunity for distraction and the formation of the Irish Volunteers, which became the militaristic force behind the Easter Rising. he Irish Volunteers were also aided strategically by the Germans as well as Irish-Americans in support of full independence (cited in slide 24 in #3). A uniquely Irish Catholic spirit of martyrdom motivated the nationalistic fervor that gripped Ireland and prompted years of guerilla warfare with the Protestant British.
At the same time, Great Britain played its cards wrong in its relationship with Ireland. When the war ended, the Home Rule movement was not picked up where it was left before the war began. he Ireland issue was…...
mlaThe British response to the insurgency was "ambivalent" and poorly executed (Slide 53 in group 4). On the one hand, the British attempted to treat the insurgency as a police or domestic matter. On the other hand, the IRA was clearly fighting against Great Britain as a nation and thus the skirmish was a military matter. Military intelligence enabled the British to infiltrate IRA leadership but without much success. The "drives" to weed out insurgency leaders in Ireland proved only moderately successful as the British assumed that if law and order could be regained that somehow the Irish moderates would assume power. An aversion to use excessive force also prevented an organized backlash against the IRA, as the British sought to maintain "constitutionalism" (Slide 55 in Group 4).
A shortage of manpower also plagued the British response. The British army was spread dangerously thin at the end of World War One, as the Empire expanded into regions throughout the Middle East. Germany was partially occupied, and other military commitments included Russia, the Caucasus, and Persia. With a paucity of troops and resource, and no clear policy towards Ireland, the British opted against arming the small numbers of Protestants in Southern Ireland who might have aided in the struggle for Great Britain. Likewise, the Ulsters became as hard-lined as the IRA. For the Ulsters, the goal of the war was the obliteration of Home Rule whereas Great Britain might have been content to compromise.
The ongoing bloodshed since the 1921 treaty was a result of the lack of clear commitment on the part of the British to resolve the struggle for Irish independence: struggle that began around the turn of the century. Issues related to ethnicity, religion, and access to economic and political resources prompted the independence movement. The movement was fomented by nationalistic and anti-colonial trends around the world. World War One offered an opportune moment to achieve total independence from the British, because the United Kingdom's troops and its political power had been significantly depleted.
Ireland
The Fenian movement, also referred to as Fenianism, was a revolutionary movement organized by the Irish people. This movement developed in communities of the Irish immigrants who were settled in the United States in the mid of the nineteenth century. A strong component of this movement was also found in France and it goes without saying in Ireland.
Most of these immigrants who were living in the United States were those who had fled from Ireland when the Great Famine hit the country. However, these people had a strong desire to free Ireland from the ritish rule. This feeling to liberate Ireland was further intensified by the breakdown of the Young Ireland Movement that took place in the 1840s.
The name of the Fenians came from the ancient Irish warriors. On the other hand, the members of this movement were almost always sworn in secrecy. The international aspect of Fenianis, as…...
mlaBibliography:
"OPERATION GET PARNELL; 1.queen Victoria: Clan Na NGael Planned to Assassinate Her 2.'framed': Parnell Was Smeared in a Terrorist Plot," Daily Mail (London), November 3, 2007.
Anonymous, A Life of James Stephens: Chief Organizer of the Irish Republic, New York: Carleton, 1866.
Davitt, Michael. The Fall of Feudalism in Ireland, London & New York: 1904.
O'Broin, Leon. Revolutionary Underground: The Story of the Irish Republican Brotherhood, 1858-1924 (Gill and Macmillan, 1976).
International Managers in Ireland
This is a research proposal into the question of how international managers working in Ireland have impacted the workforce and the culture of Ireland. Among the international managers (reflected by the available literature) that work and have worked in Ireland there are a number of IT companies from the United States -- and their managers have had an impact on the economy, the workforce, and hence, the culture of Ireland.
It is worth presenting the fact that Ireland today is enjoying an economic surge -- unemployment is down and there are signs that prosperity will continue to be on the upswing -- as it pulls completely out of its recent recession doldrums . In large part these optimistic economic aspects are thanks to recent foreign investments in Ireland. Along with foreign firms come foreign managers, and this paper will cover issues related to how managers from international firms…...
mlaBibliography
Bruton, Richard. 2014. 'Policy Statement on Foreign Direct Investment in Ireland.' Retrieved November 5, 2014, from http://www.enterprise.gov.ie .
Crotty, William, and Schmitt, David E. 2014. Ireland on the World Stage. Routledge, Florence, Kentucky.
Irish Examiner. 2014. 'IDA reports 43% rise in foreign firms investing here.' Retrieved November 3, 2014, from http://www.irishexaminer.com .
Kennedy, Eoin Burke. 2014. 'Unemployment hits five-year low of 11.5%'. Irish Times. Retrieved November 3, 2014, from http://www.irishtimes.com .
FDI and Ireland
Which factors have been important in driving Irish growth?
Following several years of significant disruption to Ireland on the heels of the civil war, including the protectionism that characterized the post-depression economic stance of many countries and the economic nationalism that Ireland favored under De Valera, the need for a pro-market orientation slowly dawned on a stagnant Ireland. The passage of a series of business-friendly acts designed to jumpstart the economy provided some lift and -- perhaps more importantly -- signaled Ireland's readiness to articulate national economics differently. The creation of the Industrial Development Authority (IDA) provided opportunity for an adaptable mechanism designed to position Ireland as a lucrative location for multinational corporations to establish international facilities and operations. Despite strong shocks from two oil crises in the 1970s and high unemployment, the IDA was able to reinvent itself and pursue aggressive recruiting of foreign corporations. But an economic…...
mlaReference
Alfaro, L, Dev, V., and McIntyre, S. (2010). Foreign direct investment and Ireland's tiger economy (A). [Case Study 9-706-007]. Boston, MA: Harvard Business School Publishing.
As the urban areas grow, though, Ireland faces similar issues to all other major cities -- increased pollution, trash, and use of natural resources. The environment has a critical impact on tourism.
Sometimes large and cumbersome bureaucracy and fee structure makes competition difficult; European standards have helped, but streamlining remains a real need
(Bartlett 2010, Mcilliams 2008)
SOT Analysis -- Hotel Industry in Ireland
Strengths
eaknesses
Opportunities
Threats
Industry as a whole slowly on the upswing.
Large bureaucracy and hotel tax.
Partnerships with other companies and government for sustainability
Sliding global economy; unable to compete.
Pristine environment, safe, secure, and popular with tourists.
Environment requires constant vigilance and protection
Increase $$ for eco-tourism, greater partnership with academic institutions.
Drop off of tourists for hotels as tourists move towards short-term rentals and guesthouses
Poised for growth.
Capitalization low in some areas to weather economic hardships
Mergers, acquisitions, packages for specific tourist genres.
Variable tourist dollars.
Ease of access to major hubs, transportation, and tourist areas.
Large hotels are in major cities;…...
mlaWorks Cited
Bartlett, T 2010, Ireland: A History, Cambridge University Press, Cambridge.
Central Intelligence Agency 2011, Country GNP Comparison, viewed March 2012, https://www.cia.gov/library/publications/the-world-factbook/rankorder/2004rank.html?countryName=Ireland&countryCode=ei®ionCode=eur&rank=27#ei
Choice Hotel Group 2012, About Choice Hotels Ireland, viewed March 2012, / >.http://www.choicehotels.ie/en/about-choice-hotels
Cline, R 2009, Hospitality Adjusts to Globalism, viewed March 2012 >.http://www.hotel-online.com/Trends/Andersen/global.html
Also at the center of the decision was de Valera's dealings with Britain regarding partition and a struggle to further party representation in six county seats. He remained strong on his view of how this should play out strategically with Churchill. It is interesting that the Irish delegation's fight with Britain over county seat and tariffs should coincide with Britain's needs for the seaports. He did not back down and continued to use partition as leverage when it came to Ireland's needs. He believed that the ports belonged rightfully to Ireland and her people. No one else should gain from her assets. In his mind, Ireland's people did not have anything tangible to lose. The other bargaining items of decreased tariffs and increases annuities were not significant to his plan of protecting Ireland from the outside world. The concept of partition was most important to the conception of an Irish…...
mlaWorks Cited
Coogan, Tim Pat. Eamon De Valera: The Man Who Was Ireland. New York: Harper
Collins Publishers. 1993.
Fitzgibbon, Constantine. The Life and Times of Eamon de Valera. New York:
MacMillan Publishing Co., Inc. 1973.
Rioting throughout elfast and Derry became regular, and culminated in 1969 with the attle of the ogside. The confrontation resulted from peaceful marching by ogside residents that was disrupted by police officers and citizens loyal to the Union. Rioting grew for three days until the ritish Army was dispatched to renew peace and disperse the crowds that had quickly grown in response. However, the riot was incendiary throughout Northern Ireland, and it quickly grew apparent that the government was losing its ability to restore peace. Hundreds of people were killed and thousands lost their homes to widespread fire and vandalism
. Riots around Northern Ireland were begun in support of ogside residents.
However, in several cases they escalated into anti-police demonstrations. In many instances, the pro-Union or pro-Catholic sentiment was superseded by random violence against authority. Specific violent acts were captured and memorialized by both sides as symbols of oppression. The Royal…...
mlaBibliography
Bew, Paul, and Gordon Gillespie. Northern Ireland: A Chronology of the Troubles:
1968-1999. Landham, MD: Scarecrow Press. 1999.
Cairns, Ed, et al. "Intergroup Contact, Forgiveness and Experience of the Troubles in Northern Ireland." Journal of Social Issues 62, no. 1 (2006): 99-120.
Fay, Marie-Therese, Michael Morrissey and Marie Smyth. Northern Ireland's Troubles:
EU and Ireland
EUROPA, the Internet informational site for the European Union, notes that one of the inspirations for the European Union was that, for centuries, "Europe was the scene of frequent and bloody wars," and it was hoped that economic cooperation would heal ancient political tensions between all member nations. (EUROPA, "EU History at a Glance: History of the European Union," 2004) hen Ireland and its neighbor and territorial rival, the United Kingdom, both joined the European Union, then called the European Community (EC) in 1973, there was hoped that this mutual economic joining would help contribute to a more lasting peace between these often conflicted nations.
The European Community (EC) became the EU in 1993, when the Maastricht Treaty on European Union (TEU) was approved. (ood and Yesilada, 1996, p.1) But this change of name came far more easily than the change of economic and political status and tensions…...
mlaWorks Cited
Alvarez, Lizette. "Suddenly Rich, Old Ireland Seems Bewildered." The New York Times. A4: 3.
Aughey, Arthur and Duncan Morrow Northern Ireland Politics. Longman Group Limited: London, 1996.
"EU at a Glance, History of the European Union." EUROPA. 2004.
" The company maintains offices in Dublin and Belfast and is the exclusive partner of ESI Inc. In Ireland.
What product or service were they selling? The corporate profile states, "ESI Ireland is responsible for designing and building some of the largest and most advanced GIS systems in Ireland. Employing just under 40 GIS Professionals, we have a client base of over 120 organisations across 17 different business sectors with thousands of end users" (ESI Company profile, 2009, p. 2).
How were they selling it? No presentations were provided by this company but sponsors were provided the opportunity to participate in the exhibition that was part of the GIS Ireland 2009 Conference.
Who would be their primary customer base? As the largest GIS company in Ireland, ESI provides services to both the public as well as the private sector.
What role does geographic information/GIS play in their portfolio of activities? Geographic information services form…...
mlaReferences
About GeoDirectory. (2009). GeoDirectory. [Online]. Available: http://www.geodirectory.ie/About-GeoDirectory.aspx .
About IMGS. (2009). IMGS. [Online]. Available: http://www.imgs.ie/index/about_IMGS .
GIS Ireland 2009 Conference and Exhibition Program. (2009). IRLOGI. [Online]. Available:
http://www.irlogi.ie/userfiles/File/GIS%20Ireland%202009%20Provisional%20Program
Ireland was poor for a long period of time due to a number of historical, political, and economic factors.
1. English colonization: Ireland experienced centuries of English colonization and control, resulting in land confiscation, forced tithes, and economic exploitation. The English prioritized their own interests, which hindered Ireland's economic development.
2. Penal Laws: The Penal Laws, enacted in the 17th and 18th centuries, restricted the rights of Irish Catholics, preventing them from owning land, holding public office, or practicing their religion freely. This discrimination limited upward socioeconomic mobility for the majority of the Irish population.
3. Agricultural practices: Ireland's reliance on subsistence agriculture....
I. Introduction
A. Explanation of poetry and music collaborations
B. Importance of these collaborations in Ireland
C. Overview of the essay
II. Historical background of poetry and music collaborations in Ireland
A. The tradition of combining poetry and music
B. Famous Irish poets and musicians who have collaborated in the past
III. Characteristics of Irish poetry and music collaborations
A. Common themes explored in collaborations
B. Styles and genres of music often used in collaborations
C. Impact of collaborations on the artistic scene in Ireland
IV. Notable examples of successful poetry and music collaborations in Ireland
A. Seamus Heaney and The Chieftains
B.....
I. Introduction
A. Hook: Begin with an anecdote or quote that highlights the captivating intersection of poetry and music in Ireland.
B. Background: Provide a brief overview of the cultural and historical significance of both poetry and music in Ireland.
C. Thesis Statement: Clearly state your central argument about the unique relationship between poetry and music collaborations in Ireland.
II. Body Paragraph 1: Historical Collaborations
A. Discuss notable historical instances of poetry and music collaborations in Ireland.
B. Highlight collaborative forms like the Irish bardic tradition, aisling poems with musical accompaniment, and the fusion of traditional Irish music with 20th-century poetry.
C. Analyze the impact of these....
1. The Burning of Bridget Cleary: Exploring the Role of Folklore and Superstition in Irish Culture
2. Gender and Power in the Burning of Bridget Cleary: Analyzing the Social Dynamics of the Case
3. Bridget Cleary and the Intersection of Mental Illness and Misogyny: Examining the Tragic Consequences of Societal Stigma
4. The Burning of Bridget Cleary: A Case Study in Historical Legal Injustices Against Women
5. Witchcraft Accusations and the Burning of Bridget Cleary: Assessing the Impact of Fear and Ignorance on Human Rights
6. Bridget Cleary and the Politics of Irish Nationalism: Unpacking the Narrative of Cultural Identity and Colonial Oppression
7. The Burning....
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