This article compares the economic performance of the EU cohesion countries - Greece, Spain, Portugal and Ireland - from 1960 to the present, in order to identify the processes that have promoted or inhibited real convergence prospects at various points in time. The likely impacts of EMU in...

Many previous studies have shown that the localisation of firms can be an important factor in attracting new foreign direct investment into a host country. What has been missing in this literature thus far, however, is an investigation into the reasons why industry clusters attract firms. We...

Ireland’s dramatic economic boom of the 1990s has been referred to as “the era of the Celtic Tiger”. In a little over a decade, real national income per head jumped from 65 percent of the Western European average to above parity, unemployment tumbled from double to less than half the...