On second thought I do think that something can be put forward. At least for Ireland - and possibly any other minor economic power. I think that we can focus on incubating our own economic base to the precepts of the global economic order as opposed to trying to attract investment. We can make our infrastructure more attractive to global investment.
In fact I think that this is the conclusion that our (i.e. small governments) will come to in the next few decades. And, weirdly, will prove to be more "competitive" than anything Thatcher/Reagan put forward in terms of nation states.
And, hopefully, without a hegemonic investment system/dollar hegemony these should be able to prosper.
Now, if we think of this from a different perspective - I was going neo-classical above - we have to consider the class relations within these countries and how they could convert them from within.
That's my politics for now!