Irish Strategies: Difference between revisions
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1) The comparitive advantage strategy: | 1) The comparitive advantage strategy: | ||
This was the first strategy taken by Ireland. It basically depended on market signals to determine resource allocation. It seemed to be the most risk adverse and relied on non-discretionary policymaking. They adopted a low-key strategy. | This was the first strategy taken by Ireland. It basically depended on market signals to determine resource allocation. It seemed to be the most risk adverse and relied on non-discretionary policymaking. They adopted a low-key strategy. | ||
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Latest revision as of 19:57, 6 April 2006
1) The comparitive advantage strategy: This was the first strategy taken by Ireland. It basically depended on market signals to determine resource allocation. It seemed to be the most risk adverse and relied on non-discretionary policymaking. They adopted a low-key strategy.