Different Matters by Damien Grant
Different Matters with Dr Oliver Hartwich
Aug 30, 2023
Dr Oliver Hartwich, Executive Director of the NZ Initiative, leads a delegation to Ireland to discuss the country's GDP figures, the success of foreign direct investment and Ireland's economy. They explore the education system, tax rate, and contrasting perceptions of teachers in Ireland and New Zealand. The chapter also discusses the low corporate tax rate in Ireland and the impact of Sinn Fein on the country's politics and housing market.
58:43
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Quick takeaways
- Ireland's economic success is partly due to a stable institution, a culture of trust, and an excellent education system.
- Ireland actively promotes foreign direct investment by offering incentives and creating a supportive business environment.
Deep dives
Ireland's Economic Success and GDP Numbers
Ireland's GDP is now twice that of New Zealand, and its economic success has attracted international interest. However, there are concerns about the accuracy of the Irish GDP figures, as some of the economic activity is generated offshore and merely domiciled in Ireland for tax purposes. Nonetheless, Ireland is still considered a success story and a positive economic development.
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