BUSINESS ABROAD: Welcome to Ireland

Ireland's greatest export is men. Some 40,000 emigrate every year, mostly to Britain and the U.S., because there are few jobs at home. Those who do remain on the emerald farms and in the cities face a flinty life in one of Europe's poorest nations.

Last week a smiling Irishman started buzzing around the U.S. in hopes of getting help for the Irish economy. Announced Cyril Count McCormack, new U.S. director of the Irish Industrial Development Authority: under recently enacted laws, Ireland will offer U.S. businessmen probably the most appealing climate for industrial investment in all Europe.

Offered: Plants...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!