It Works

They made it seem so easy. The article is about Korea, but refers to an interesting statistic:

Ireland, a country that, about 15 years ago, embraced economic freedom with pro-growth policies that encouraged entrepreneurial activity and investment. Thanks to this turnabout, Ireland has gone from the Sick Man of Europe, with double-digit unemployment, negligible growth and a declining tax base, to a net importer of workers and the continent's healthiest economy.

With barely 1 percent of the European Union's population, Ireland receives a third of all U.S. investment in Europe and now stands as the world's largest exporter per capita. [emphasis added]

This figure seems a bit surprising, to the point that maybe its worth checking on, even if we do agree that Ireland has indeed seen great success. If anyone has any insight, feel free to leave a comment.

Comments

[Andrew Schmitt]

Not an expert in this area, but having visited both Ireland and Northern Ireland for business (Nortel) there is a dramatic difference between the two.