History of the Irish Economy: Difference between revisions
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Since independence Ireland took three independent strategies. Each one was created after the previous one failed. . These were: 1)Comparative advantage, 2)economic autarky, and 3)ndustrialization-by-invitation. | Since independence Ireland took three independent strategies. Each one was created after the previous one failed. . These were: 1)Comparative advantage, 2)economic autarky, and 3)ndustrialization-by-invitation. | ||
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Revision as of 00:40, 10 April 2006
Ireland in 1921, 1961, and even in 1981 remained still a traditional, agricultural economy characterized by low level technology with a growing but still incipent industrial sector.
Since independence Ireland took three independent strategies. Each one was created after the previous one failed. . These were: 1)Comparative advantage, 2)economic autarky, and 3)ndustrialization-by-invitation.