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Α Comparative Analysis between the Economies of Greece and Ireland

Journal of Economics and Business - SPOUDAI

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Title Α Comparative Analysis between the Economies of Greece and Ireland
 
Creator Magoulios, George N.
Exarchos, George
 
Subject Comparison; Economies; Greece; Ireland.
 
Description This paper aims to compare the economies of two of the EU countries of cohesion – Greece and
Ireland – which are countries displaying similar initial macroeconomic and structural characteristics.
Greece and Ireland have been included in the EU countries of cohesion because of their low
level of development. However, Ireland showed higher growth rates in comparison to Greece. The
article examines the factors that contributed to the difference in growth rates between the two
countries under study. Amongst the most important factors to the advantage of Ireland are: the
higher emphasis that Ireland laid on research and technology, the reforms that Ireland performed
in education and training, its developmental strategy to attract foreign investments, its neighborhood
with the United Kingdom, as well as the financial transfers of the European Union to Ireland.

JEL Code: O57.

Keywords: Comparison, Economies, Greece, Ireland.
 
Publisher University of Piraeus
 
Contributor
 
Date 2013-07-10
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
Identifier http://spoudai.unipi.gr/index.php/spoudai/article/view/54
 
Source SPOUDAI - Journal of Economics and Business; Vol 61, No 3-4 (2011); 103-126
2241-424X
1105-8919
 
Language eng
 
Relation http://spoudai.unipi.gr/index.php/spoudai/article/view/54/63