Since 2000, desp...
... middle of paper ...
...ey were having an incredible boom before the bust came and deteriorated all the economy, they were not expected it. The country was doing really well, people and the government were spending more then you should and then things got out of control, global economics problems appeared and had a really bad impact on small countries like in Ireland. The entry of new countries in the European Union did not help the situation at all, because Ireland had to compete with cheaper country, Ireland was too expensive at that time and could not keep its foreign direct investments with an attractive business environment. However, the government has noticed the lack of competitiveness and is now trying to make Ireland more competitive, politicians came out with new strategies and better plans for the future like reducing the cost of doing business and investing in infrastructures.
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