The importance of Irish agricultural exports for aiding economic recovery

Meegan, Suzanne (2011) The importance of Irish agricultural exports for aiding economic recovery. Masters thesis, Dundalk Institute of Technology.

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Abstract

The Irish economy has been in recession since contraction began in the economy in 2007. GDP per capita fell from €41,828 in 2006 to €35,801 in 2010. The current deficit for the Irish economy is -€1031m and unemployment has risen from 4.4% in 2006 to 14.7% in 2011 (CSO 2011). This dissertation will argue that the only way Ireland will experience economic recovery will be through exports. Irish exports were worth approximately €l61 billion to the Irish economy last year, (IEA, 2011) and this is predicted to grow even further. Additionally this dissertation will investigate the importance of indigenous exports with regards to aiding the economic recovery of Ireland; the study will examine in particular the beef and dairy export sectors and highlight the important role that these sectors will play in moving Ireland out of recession. Teagasc (2011) stated that food exports grew last year by eleven percent and were valued at almost €8 billion. The government's target now is to grow this figure to €12 billion by 2020. The principle objective of this study was to prove that agri exports in particular beef and dairy are the way forward for Ireland. The findings were constructed as a result of seven interviews. There were three dairy companies, three government organisations and one beef company interviewed. From conducting these interviews, it has been recognised that agri exports in particular beef and dairy will be the way forward for Ireland in order to get out of recession, this was most evident considering that none of the companies experienced any effect from the downturn in the economy, rather they experienced growth. The results highlighted that there will be a high level of growth over the next ten years in both the dairy and beef sectors.

Item Type:	Thesis (Masters)
Uncontrolled Keywords:	Irish economy; Exports; Agriculture; Economic strategy.
Subjects:	Business
Research Centres:	UNSPECIFIED
Depositing User:	Sean McGreal
Date Deposited:	29 Jul 2015 11:24
Last Modified:	29 Jul 2015 11:24
URI:	https://eprints.dkit.ie/id/eprint/428

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