This is how the Celtic Tiger discovered the Far-East
One of the things that some people notice coming back to Dublin after a period of absence is the steady increase of ‘made in Asia’ businesses, Chinese fast food in northern neighborhoods, Pakistani shops in central streets near the river Liffey, fine Nepalese restaurants in some southern area of the city, but many other foreign activities are increasing as well.
- Monday, 20 July 2015
Ireland is a small country, but it is also a major exporter, that enjoys strong links with distant markets, overall those where the Irish diaspora is rooted, from the US to Canada (and of course Australia). Not only ‘giants’ like India, but also smaller countries such as Malaysia, Philippines, Vietnam (that have already shared with Ireland the nickname "Tiger" for their productive dynamism) are literally multiplying their meat and fish imports: the size of a middle class that is emerging ensures significant results for those that are able to make steps forward in certain niches of these markets.
If the protagonists of finance have arrived there long time ago, now also small and medium-sized businesses are looking at the far-east, thanks to the support that the Republic of Ireland provides businesses through its public agencies (and thanks to new technologies): the Asian industrial revolution took place already and now it is the time for consumers on the web, where small Irish businesses are earning trust in food and textiles market segments.
The "Asia Business Week" that has been held in Ireland from the 8th to the 14th of July, is a clear sign that the Far-East is well aware that Dublin is the center of European high-tech sectors like software. Among the significant events hosted since the 8th July there has been the round table "Asia Higher Education and Global Talent Forum", about education as a vector of international sharing of growth. In the last days of the week the city of Cork hosted a meeting about tourism and new technologies (the "China Business Cork Summitt" on 13th July) and concluded, on July 14th, with a conference on gastronomic production.
Food exports show as Ireland can carve out spaces where a growing middle class is defining its own consumption habits. The involvement of several towns in the program of initiatives shows that Irish businesses are well placed in relations with their counterparts in the Far-East and that awareness about the opportunities inherent in the economic dynamics in the Far East is now widespread.