Global Issues Post #2 (Globalization)
According to 2016 KOF Index of Globalization, Ireland is the 2nd most globalized country in the world and on of the big reasons for this is because of Ireland's location. Ireland's locations makes it easy for a global company to do business because they can do business with Europe thought out the day, while being able to do business with Asia in the morning, and they have the ability to work with the United States in the afternoon. Another reason Ireland is so globalized is because of the language they speak. While Gaelic is the original language of Ireland the majority of the in Ireland speak English. This means that the majority of Ireland speaks one of the most spoken languages in the world which makes Ireland a more desirable place to visit and to do business in. Participating in FDI is very hard in general, but doing it in a country that speaks the same language as you is more enticing.
Source: https://cvdl.ben.edu/blog/ireland-globalization/
Source: https://cvdl.ben.edu/blog/ireland-globalization/
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