Revisiting the UK and Ireland’s Transatlantic Economic Relationship with the United States in the 21st Century

This book revisits the economic relationship that ties the UK andIreland to the United States in the aftermath of the greatest economic crisisof the past fifty years. Whenconsidering recent developments to these economic links, it appears thatoppositional forces are at work. On one hand, globalization and the rise of neweconomic powers may undermine the ties. Besides, Ireland’s and the UK’s EuropeanUnion membership could also loosen their economic ties with the US. Conversely,the future Transatlantic Trade and Investment Partnership agreement may wellstrengthen trade and investment links between the US and Europe.

Are the economic bonds between the US, the UK and Ireland waning, assome pundits purport? Or are those claims overstated? Could their economicrelationship simply be going through a process of change? Although there maynot be a single and straightforward answer to these questions, the authors seekto address these issues and provide insight intothe changing dynamics of thishistoric economic relationship.