In 2008, inward FDI accounted for some 63.7 percent of gross fixed capital formation in Ireland but only 4.1 percent in Japan ( gross fixed capital formation refers to investments in fixed assets such as factories, warehouses, and retail stores). What do you think explains this difference in FDI inflows into the two countries

This difference in FDI inflows into Ireland and Japan is accounted by the prospects of economic growth.

Explanation:

Ireland is a growing economy.  Japan's economy has been shrinking for some years now.  Ireland has improved its competitiveness.  It is providing better open, transparent, conducive, and dependable investment environment for both foreign and domestic firms to thrive.  It has eased the doing of business  in the economy, provided access to imports and exports trade, and boasts of a relatively flexible labor market.  These are backed by enhanced protection of intellectual property rights.

housewives doing day to day to work like cooking, laundry and so on.

a person doing a work for hobby like gardening, fishing, painting and so on.

work done for charity like taking tuition classes of poor children, providing free services to earthquake victims, a blind man in crossing road and so on.

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