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Bertie
Ahern
Prime Minister of Ireland |
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Sustain competitiveness to safeguard the
impressive progress of recent years
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ith
an annual growth rate of nine percent since the mid-1990s,
Ireland is one of the worlds most dynamic economies.
It has attracted huge inflows of foreign direct investment
in the last decade; up to one third of U.S. investment
in the European Union is destined for Ireland.
From an agricultural-based state in the recent past,
it is now the largest software exporter in the world
with IT, chemicals and pharmaceuticals central to the
new Irish economy.
The
government of Prime Minister Bertie
Ahern has steered a course towards modernization
with a slick campaign highlighting tax breaks, low costs,
skilled labor and access to the growing EU market. Predicted
future growth rates of four and five percent will remain
well above the European average.
The
Celtic Tiger has received fresh impetus from its membership
of the EU and the peace process in Northern Ireland.
Indeed, Mr. Ahern says the need to secure Irelands
role in Europe is paramount. I want Ireland to
stay firmly rooted on the European stage, he says.
With
the launch of the euro currency unit early this year,
Ireland is a major component in U.S. corporate strategy
towards Europe. Ireland has developed itself into a
good place to do business and is an increasingly popular
vacation destination for Americans.
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