Globalisation refers to the increasing interdependence of world economies as a result of the growing scale of cross-border trade of commodities and services, flow of international capital and wide and rapid spread of technologies.
Global firms: Google, Guinness, TikTok, Amazon, Nike
Globalisation
Globalisation explained
Winners and losers of globalisation
Foreign Direct Investment into Ireland
- FDI: Foreign direct investment: inward investment into a country, usually from a MNC building a factory in another country
- IDA: Industrial Development authority in Ireland is responsible for attracting foreign direct (FDI) investment into Ireland
IDA Ireland – Strategy for Ireland
Source: CSO, 2026
Source: CSO, 2026
- Multinational Corporations (MNC) is a company that has established a presence in more than one country
- Headquarters can be in home country and subsidiaries / branches in other countries
- Eg. Google’s headquarters is in California and has business operations all over the world
