Politics of the Republic of Ireland

Summary (to be put in the final doc)

Republic of Ireland is a highly democratic country (#6) (EIU, 2019), with very low
risk of internal conflicts or terrorism (#29) (theglobaleconomy.com, 2018), thus overall
politically stable. Any chance of the business being disrupted by violence from extreme
groups or questionable pressure from the government is unlikely.

The country has a transparent government (#18) (Transparency Int., 2019), and strict
enforcement in their legal system (#22) (TheGlobalEconomy, 2018). Entrepreneurs new
to country can trust the local government to do their jobs properly. There should be no
expense for legal troubles or bribery if the company has done their research
appropriately, and is conforming to the law.

References

The Economist Intelligence Unit (2019). Democracy Index 2018. Retrieved from
https://www.eiu.com

Transparency International (2019), Corruption Perceptions Index 2018. Retrieved

from https://www.transparency.org

TheGlobalEconomy (2018), Rule Of Law Index 2017. Retrieved from

https://www.theglobaleconomy.com/rankings/wb_ruleoflaw/

TheGlobalEconomy (2018), Political Stability Index. Retrieved from

https://www.theglobaleconomy.com/rankings/wb_political_stability/

Description
“Ireland is a constitutional republic with a parliamentary system of government.

Ireland has been a member state of the European Union since 1973, but has chosen
to remain outside the Schengen Area. Citizens of the United Kingdom can freely enter
the country without a passport due to the Common Travel Area, which is a passport-
free zone comprising the islands of Ireland, Great Britain, the Isle of Man and the
Channel Islands. However, some identification is required at airports and seaports.

Ireland has a common law legal system with a written constitution that provides for
a parliamentary democracy. A number of political parties are represented in the Dáil
and coalition governments are common.”
 Index - Rating
Democracy Index

0 (totalitarian) to 10 (full democracy) points, 2018

Ireland has been ranked as the #6 best democracy in the world, a rank shared with
Canada, and followed by Finland.

https://www.eiu.com/topic/democracy-index

Corruption Perceptions Index (CPI)

0 (highly corrupt) to 100 (very clean) points, 2018

Ireland ranks #18 out of 180 countries (CPI = 73) in Corruption Perceptions Index.
The same rank as Japan, higher than France (#21, CPI = 72) and the US (#22, CPI = 71)

https://www.transparency.org/cpi2018

Rule of Law Index

-2.5 (weak) to 2.5 (strong) points, 2017

(The index for Rule of Law captures perceptions of the extent to which agents have
confidence in and abide by the rules of society, and in particular the quality of contract
enforcement, property rights, the police, and the courts, as well as the likelihood of
crime and violence.)

Ireland ranks #22 out of 193 countries (1.43 pts) in Rule of Law Index, slightly lower
than France (#21, 1.44 pts) and USA (#16, 1.64 pts), significantly higher than South
Korea (#26, 1.16 pts) and Spain (#34, 1.01 pts)

https://www.theglobaleconomy.com/rankings/wb_ruleoflaw/

Political Stability

-2.5 (weak) to 2.5 (strong) points, 2017

(The index of Political Stability and Absence of Violence/Terrorism measures

perceptions of the likelihood that the government will be destabilized or overthrown by
unconstitutional or violent means, including politically-motivated violence and
terrorism. The index is an average of several other indexes from the Economist
Intelligence Unit, the World Economic Forum, and the Political Risk Services, among
others.)
 Ireland ranks #29 (1.02 pts) out of 195 countries in Political Stability Index, higher
than many other developed countries well-known for their security - and therefore,
lacking of terrorism - including Sweden (#34, 0.98) and The Netherlands (#37, 0.92 pts)

https://www.theglobaleconomy.com/rankings/wb_political_stability/