Ireland tells a story of how a small country reaped the benefit of economic globalization to turn from a country of economic failure into a prosperous, global powerhouse. This transformation of the country is reflected in the recent 2017 KOF Index of Globalization, which ranked Ireland has as the second most globalized nation in the world,  by the extent of economic, social and political globalization of the country (KOF, 2017). In terms of economic globalization, Ireland is a small but highly globalized open economy with respect to trade, investment, and migration. Ireland has a mixed economic system which includes a variety of private freedom, combined with centralized economic planning and government regulation. (Edwards & Fanning, 2017). This open, mixed economic system has played a crucial role in creating an economy that is largely reliant on international trade. Notably, as illustrated in figure 1, In 2016 Ireland exported $128B, making it the 27th largest exporter in the world and it’s biggest categories of exports are led by Packaged Medicaments which represent 15.4% of the total exports of Ireland, followed by Nitrogen Heterocyclic Compounds, which account for 11.3% (ODEC, 2017). Ireland’s trade-propelled economy can be illustrated by the fact that trade, as measured by combined exports and imports, accounts for 216 percent of Ireland’s GDP (The World Bank, 2017). Ireland has also been deemed a successful location for international business through being a top destination for foreign direct, which is a key cornerstone which their economy is built upon. The Irish Government has actively promoted and attracted FDI through a commitment to open market policies, attractive taxation framework for investors, investment in education and low corporate tax rates of 12.5%.  Notably, The European Commission ranked Ireland 5th in the EU for inward greenfield FDI in 2017 and recorded 1.8 billion euro or 10.5% of the EU total (2017).