Quote:
|
Originally Posted by HeLLMuTT
Funny... Google and MS's European operation are setup in Dublin.
|
Not really funny if you understand the economic history. Ireland was considered a small agricultural country adjacent to the United Kingdom before its ICT (Information and Communication Technology) industry had developed. This result did not occur from technology and export of Irish companies but from the investment of foreign companies. The Irish government provides foreign companies with various incentives, including low corporate tax, financial and technical assistance, and R&D assistance. Along with these investment incentives, English-speaking labor force, lower wages and low telecommunication costs help to attract foreign companies.
Just follow the money to see why things are the way they are.
