7min chapter

Patrick Boyle On Finance cover image

Is Ireland Really the World's Richest Country?

Patrick Boyle On Finance

CHAPTER

Ireland's Economic Success and Distorted GDP Figures

This chapter explores the reasons behind Ireland's economic success and its distorted GDP figures, including the attraction of multinational firms, transformation to a knowledge-based economy, and business-friendly policies. It discusses the role of US multinationals, the increase in net migration, and the impact of low corporate tax rates.

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