Essays /

Analyse The Current Governments Argument That Essay

Essay preview

“Analyse the current government’s argument that the nature of jobs created within an economy dictate the degree of success rather than the amount of jobs”.

1. Introduction

The Irish economy has changed greatly in the last Forty years. An educated workforce and Urbanisation of our towns and cities has seen an industry shift. There are a number of important factors that allowed this to happen so quickly. Ireland’s membership of alliances such as the E.U. and the O.E.C.D and the directives that were incurred as a result of these memberships.

More recently in the Nineties the economy had enjoyed a period of prosperity which was generally accredited to the provision of subsidies to knowledge based industries such as I.T., Financial Sectors and Research & Development. This coupled with a desirable location and a new highly educated workforce. As stated in the department of finances report in 2011 the economy experienced imbalances due to bad auditing systems in the banking and building sectors.

“The Irish economy was transformed over the past two decades. Per capita income rose strongly, converging towards and subsequently overtaking European average levels. However, from the early part of the last decade, imbalances began to emerge which made the economy increasingly vulnerable. A major property bubble began to unwind from 2007, and the fall-out from this was exacerbated by the major deterioration in the external environment. As a result, GDP has fallen by around 15% from its peak in Q4 2007.”(Dept of finance, Mar 2011)

The nature of jobs is a concept based on a number of variables integral to that employment. The government have become aware of resources the Irish workforce and economy possess that allow it to sustain growth here. The Irish government have now decided to champion Indigenous companies and knowledge based companies as part of their argument of how the nature of jobs will dictate the success of the economy. This report will analysis the research supporting the argument, breakdown the government’s strategy for this plan and discuss the strength of this argument.

2. Exodus of Multi-nationals

Dell made the straightforward move to Poland crippling a large part of the Irish economy in the process. The bulk of employment was in manufacturing and was not reliant on any of Ireland’s strengths such as human capital, geography etc.

The company says it expects the reduction to be complete by January next year with workers beginning to leave the plant in April. Its products make up at least 5.5% of Irish exports and 2% of gross domestic product - the total value of all goods and services produced within the economy. Economists have warned that each job at Dell underpins another four or five Irish jobs. It is estimated that another 10,000 jobs in sub-supply companies rely on Dell business. Dell says the move is among a series of actions being taken to simplify operations, improve productivity and reduce costs. (Rte News, 2009)

Dells decision to leave Ireland had further repercussions with the exit of the market of Flextronics, a supplier to Dell. Half of foreign companies in Ireland regretted setting up in Ireland according to a survey commissioned by the IDA.

Similarly Fruit of the loom finally wound down its operations in Ireland in 2004. The Tanaiste at the time, Mary Harney, cited the fact that the sector was no longer competitive in this part of the world and Ireland had to attract sustainable industry consistent with recent economic performance.

Albeit the Irish economy entered a deep recession in 2008 it is obvious, as minster Harney hinted, that Ireland still has the infrastructure to house knowledge based industry.

3. Irish Government Action Plans.

The Irish government has developed action plans published by the Department of Jobs, Enterprise and Innovation. The 2012 plan for jobs includes sectors with better compatibility to the Irish Economy...

Read more


/2010/07/08/oecd-warns-of-long-term-unemployment-nightmare-bruton/. /8301-1001_3-10136439-92.html. /documents/publications/economicstatsetc/irisheconomyjune2011.pdf. /life /news/2009/0108/112419-dell/. /science/sci-tech/1913021.pdf. /userfiles/publications/reviewofresearch2010/reviewofresear /userfiles/publications/reviewofresearch2010/reviewofresearch2010.pdf. 000 03 05/03/13 06 1 10 128 15 16.5 1961 1996 1st 2 2004 2006 2007 2008 2009 2010 2011 2012 2013 2015 250 28th 3 370 4 40 4th 5 5.5 50 500 6 6th 7 90 900 access accommod accord account accredit across act action actual address affair agenc aggress agri agri-food agricultur air albeit allianc allow along also although alway among amount analys analysi annual anoth appear approach april area argument around arriv articl associ assum attempt attract audit austria author avail averag awar away background bad baker bank base bay becom beef began begin behind belgium better beyond bia bibliographi book bord break breakdown bric brought bruton bubbl build built bulk busi buy came canada capac capit capita carri carrot case caus centr centuri champion chang cite citi clear cloud cluster co co-oper co-ordin colin colleg come commiss common communic compani compar compat competit compil complet compos compulsori comput concentr concept conclus condit consist constrain construct consum continu contrast convent converg convinc cop corpor correl cost council countri coupl creat creation crippl crisi critic current d dairi data databas davoin decad decid decis deep deficit degre dell demand demograph denmark depart depress dept desir destin detect deterior determin develop development.1996 dictat differ difficult diffus digit direct discuss dispers distribut dockland domest downturn drive dropbox dublin due e e-bay e.u earli econom economi economist educ effect either elsewher emerg employ enjoy enter enterpris environ ersi especi establish estim etc eu europ european eurostat evalu even ever exacerb exampl excel exclus exist exit exodus expect expenditur experi experienc explain explan explor export extent extern facebook fact factor fail fair fall fall-out fallen famili farm favour fdi featur feb feebl femal field figur final financ financi find finland firm first five flexibl flextron flippanc flow fluctuat focus follow food foreign formul forti forum four fourth framework franc frascati fruit function fund gain game gap gaug gdp gender general geographi germani get give glanbia globalis go goe good googl govern great greec greencor gross group growth half happen harney head headquart health heavili heed help high high-technolog higher highlight highly-skil hint hit hold home hope hors host hous household howev hub human hundr i.t ict ida identifi imbal impact implement import improv inadequ incent includ inclus incom incorpor increas incur indic indigen industri inform infrastructur initi innov input institut integr intens interplay interpret introduct invest ireland irish itali januari job join journal keep kerri key kingdom know knowledg knowledge-bas knowledge-rel labour laeken lag larg largest last least leav left less lesson level like limerick linkag littl locat long long-term longer look loom loss lost low lower luci luxembourg macro made main mainland major make male manageri mani manual manufactur mar march mari market matter maximis may measur meat medium member membership men mere messag microsoft minster model monday move multi multi-n multin must name nation natur necessari need netherland network new news next nineti nordic note number nurtur o.e.c.d object observ obvious oecd offer one oper opposit optim ordin organis oslo other outdat outlet outlin output overtak paper part particular past pay peak peopl per perform period personnel perspect pertin place plan plant play point poland polici pool poor portug posit possess poverti previous primari privat proactiv process produc product programm progress proof proper properti prospect prosper provid provis proxim public publish purchas push put q4 qualiti quantiti quick r rate rather re re-skil real reason recal recent recess recommend recov recur redevelop reduc reduct referenc reflect regard regardless region regret regul regular relat releas reli reliant remain renown repeat repercuss report requir research resourc respons result resurg return review richard right role rose rte rural safeti save saw say scale scandal scheme scienc score search second section sector see seem seen seri serious servic set shannon shed shift short similar simpl simplifi sinc size skill small sme social sort south southern spain spend spillov stapl start state statement statist stay steadi stick still stock straightforward strategi strategis strength strengthen strong stronger structur studi sub sub-suppli subject subsequ subsidi success suffer suggest suitabl sum summaris superfici suppli supplier support surround survey sustain sweden switch synergi system tabl take taken tanaist tap task tax teasgac technolog term theme theori third thousand throughout time togeth toll top total touch tourism toward town tradit train transform transit transport trend tri true trust turn twice two u.s underpin understand unemploy union unit univers unwind updat urbanis use vacant valid valu variabl view voluntari vs vulner warn watchdog way websit well well-b went wherea whether whilst whole wholli within word work worker workforc world worth would wound year