Why was the new Irish economy more unstable than that of the rest of Europe?
a) Since half of Irish manufacturing jobs came from multinational corporations, the country was especially vulnerable to global economic shifts.
b) Irish workers had always had a tenuous relationship with their bosses and went on strike frequently.
Consider This: By the end of the boom, Irish wages were no longer competitive on the world market. See 15.7: Narrative: Tiger by the Tail.
c) The Irish kept their economy keyed to the British pound rather than to the euro.
Consider This: By the end of the boom, Irish wages were no longer competitive on the world market. See 15.7: Narrative: Tiger by the Tail.
d) The best engineers and programmers in Ireland tended to leave the country to find work elsewhere.
Consider This: By the end of the boom, Irish wages were no longer competitive on the world market. See 15.7: Narrative: Tiger by the Tail.
a) Since half of Irish manufacturing jobs came from multinational corporations, the country was especially vulnerable to global economic shifts.
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