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We've got enormous potential, phenomenal potential on our doorstep, which requires politics that makes that work, and that's what we try to show here in Ireland: that while there's a lot of pain, the reward at the end of this is career opportunities, prosperity, and brighter days for everybody.

A few decades ago, the Irish decided they were tired of being always near the bottom of Europe's economic indicators. So they envisioned a better future for their country, and they put their people on the right road to get there.

By 2007, an uncompetitive, bloated, over-borrowed and distorted Irish economy had been left at the mercy of subsequent international events without the safeguards, institutions, and mindset needed to survive and prosper as a small open economy inside the euro area.

By far, the greatest contribution Ireland can make is to lead by example, by actively pursuing its own transition to a sustainable, low-carbon economy.

At the heart of the Irish economy has always been the philosophy of tax competitiveness. On the cranky left, that is very annoying; I can see that.

For years, Ireland used to have a philosophy of 'Get them in here to invest and develop in Ireland, and this will sort out our problems.' It is good in the sense of building a trade surplus, but we also want to develop what it is that we offer ourselves and that Irish companies export abroad.

You're not going to be able to deliver jobs locally unless you sort out the nation's problems, and that's why the big and difficult decisions about Ireland's economy have been so crucial and so difficult for people to have to accept and have to deal with, but the reality is the people gave this government an unprecedented mandate.

People were so keen to get investment. In those days, there was quite significant unemployment in Northern Ireland, and that had been the general pattern in Northern Ireland for many, many years.

Ireland has made its choice for the future and it has chosen the version of Irishness it will build. I know, and I will work with head and heart to be part of it with all of you in creating that future one in which all of us can be part of and part of us too.

The glory of the old Irish nation, which in our hour will grow young and strong again. Should we fail, the country will not be worth more than it is now. The sword of famine is less sparing than the bayonet of the soldier.