FDI and trade: the Irish host-country experience

Article Abstract:

The influx of foreign direct investments (FDIs) in Ireland has greatly contributed in improving the country's economy. The entry of FDIs in Ireland has resulted in the construction of new innovative factories that are found in the country's green-field sites. Its high level of FDIs is expected to create a more complex and a more symbiotic relationship with the country's fast modernising indigenous sector. On the other hand, Ireland's foreign direct investment is expected to post slower growth due to the country's high level of foreign direct investment.

Administration of General Economic Programs, Foreign Investment Regulations, Social aspects, Foreign investments, Ireland, Foreign corporations, Foreign investment laws

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Can stabilisation policy reduce long-run growth?

Article Abstract:

A study was conducted to analyze the long-run effects of short-term stabilization policies based on a stochastic framework of an imperfectly competitive economy supporting nominal rigidities and an endogenous technology. Findings suggested that smother cyclical fluctuations can be correlated with flatter secular trends and support a trade-off between short-term stabilization and long-term growth.

Technology, Learning models (Stochastic processes), Macroeconomics, Economic stabilization, Stochastic models

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