Die irische Wirtschaft ist aufgrund der Abhängigkeit von multinationalen Konzernen „sehr anfällig“.
https://www.thejournal.ie/irish-economy-highly-vulnerable-due-to-reliance-on-multinational-corporations-esri-6900250-Dec2025/
Von TeoKajLibroj
Die irische Wirtschaft ist aufgrund der Abhängigkeit von multinationalen Konzernen „sehr anfällig“.
https://www.thejournal.ie/irish-economy-highly-vulnerable-due-to-reliance-on-multinational-corporations-esri-6900250-Dec2025/
Von TeoKajLibroj
25 Kommentare
I remember a teacher saying this back in the 90s.
No shit
Irish people don’t care. We just want increased government spending. Our politicians know this.
In other news water is wet.
The big question is, what contingencies are our government putting in place to mitigate the very obvious vulnerability?
If none, they are setting us up for a potential very big fall.
Really. Jaysus. Never would have guessed. But sure look, the lads in charge are on the gravy train playing the fiddle so who gives a fuck. They certainly dont.
Leverage the shit out of it
every economy is vulnerable.
And just wtf were multiple governments supposed to do about it over multiple decades? Diversify or something? Communist talk.
„investments in education, public infrastructure, research and development….“
That’s in the government’s plan…..after 2030/s
While Tech MNCs leaving is a worry, something that nobody is really talking about is Pharma. It’s quite resilient in the short to medium term and it has a really good position in our trade relationship with the US and China but China is actively looking to take that manufacturing domestic as they’ve done with literally everything else.
They’re already preparing for it.
The government needs to be investing the money it gets from this boon into infrastructure to ensure that Ireland remains competitive moving forward and that domestic start-ups have a better environment for growth while remaining within the country rather than upping sticks and moving to the states or wherever else.
There is no guarantee that the US will remain as dominant as it has been the last 100 years. There is a good chance that the balance of power will shift to East, South, and South East Asia in the coming decades. Ireland could still function well as a hub for the European market, but it has to adapt and work to foster its own potential rather than relying on a few large American companies to maintain its current wealth.
Tax haven economy for you. Least with actual factories you can reuse the machines and buy the place if needed.
I’m not saying they are wrong but I’m beginning to think that our economy must also be fairly reliant on consultants preparing reports into how vulnerable the economy is because we seem to get at least one new version of this report a week from some consultants and those boys dont come cheap.
We’re told we’ll always have indigenous industries.
I know a lady called Dympna making cupcakes in her kitchen in South Dublin (she might have featured in an AIB ad, not sure). When these MNCs leave, everyone can just go work with Dympna.
While this is correct it is also true for the global economy. The Mag 7 alone are absolutely huge and critical for our system to keep chugging along…
This has been looming for a long time. I’ve said it before and I’ll say it again, that ‘rainy day’ fund should be used to make Ireland the Silicon Valley of Europe. We’ve benefited from US investment & jobs and we now know what it takes to build world leading companies but no, we’ll just keep doing the same old shite and bow to our American overlords even when their leadership are clearly insane and no longer reliable partners.
My dog could have told you this, and he can’t even speak very well between all the barking.
thejournal with some ground breaking news just in….
Have you seen our economy grow? Boy did it grow. Best little country in the world to do business in. People choose us because we’re highly educated, English speaking, in the EU and have efficient public transport
https://preview.redd.it/37w15o3hos6g1.jpeg?width=565&format=pjpg&auto=webp&s=c5dc86926dc58009cf65135844c6d4dd87e9da4c
It doesn’t really have anything else it has a small population, no natural resources
’surprised Pikachu ‚
Any large Irish multinational would be just as likey to move jobs overseas as well. This is how multinationals work.
I feel that only half the story is being told here. Multinationals are drawn here because we are in Europe, have a low corporate tax rate and an educated population. However, there is a problem looming that our politicians seem to be ignoring. With the increasing cost of living (inflation) there comes an increase in the cost of paying wages to employees. Because of this cost and one of it’s main drivers which is rent and the cost of residential property, we are becoming less competitive, which will diminish how attractive we are to multinationals. There will be a tipping point when it becomes so expensive to pay staff in Ireland that multinationals will start to look elsewhere to set up their operations. Anyone who thinks that they wouldn’t do that because they’ve already invested so much in their existing Irish operations probably isn’t aware that the IDA (financed by the tax payer) incentivises multinational interest by subsidising their operations here. This includes the cost of infrastructure. Also, our transport services and road network are becoming increasingly stressed as they are unable to cope with the amount of people travelling on them, this too is a problem for multinationals who want to be able to operate in an environment that is functioning efficiently. The corporate tax rate/incentive can only compensate for so much.
We are currently on a path to where we will eventually price ourselves out of the market for multinationals due to salary/wage increases. Only hubris and lack of foresight are preventing our government from realising and acting on this.