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Regime Change in 1950s Ireland
Irish Economic and Social History Pub Date : 2017-08-16 , DOI: 10.1177/0332489317721406
Frank Barry 1 , Clare O’Mahony 2
Affiliation  

The new Irish export-oriented foreign direct investment (FDI) regime of the 1950s was an inter-party government initiative that facilitated the later Whitaker and Lemass–led dismantling of protectionist trade barriers. The potential opposition of protectionist-era industry to the new FDI regime was defused by confining the new tax relief to profits derived solely from exports, by allocating new industrial grants only to firms that ‘would not compete in the home market with existing firms’, and by retaining the Control of Manufactures Acts of the 1930s that imposed restrictions on foreign ownership. The fact that the United States had overtaken the United Kingdom as the major global source of FDI made it easier to secure Fianna Fáil support. US firms were particularly interested in access to European Economic Community (EEC) markets, however, which was not within Ireland’s gift. The export processing zone at Shannon, which might be seen as Lemass’s response to the inter-party initiatives, proved to be of immediate appeal to them. US firms would come to predominate in the non-Shannon region only after Ireland’s entry to the EEC.

中文翻译:

1950 年代爱尔兰的政权更迭

1950 年代爱尔兰以出口为导向的新外国直接投资 (FDI) 制度是一项跨党派政府倡议,促进了后来惠特克和勒马斯领导的贸易保护主义贸易壁垒的拆除。通过将新的税收减免仅限于仅来自出口的利润,通过仅将新的工业赠款分配给“不会在国内市场与现有公司竞争”的公司,保护主义时代的工业对新的 FDI 制度的潜在反对被缓和了,并保留了 1930 年代对外国所有权施加限制的《制造控制法》。美国已经超过英国成为全球主要的 FDI 来源,这一事实使得获得 Fianna Fáil 的支持变得更加容易。美国公司对进入欧洲经济共同体 (EEC) 市场特别感兴趣,但是,这不是爱尔兰的礼物。香农出口加工区可能被视为勒马斯对党派间倡议的回应,证明对他们具有直接吸引力。只有在爱尔兰加入欧洲经济共同体之后,美国公司才会在非香农地区占据主导地位。
更新日期:2017-08-16
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