Republic of Ireland: Onward and upward
Ireland's ascent from economic basket-case to European role model has been little short of miraculous, as it has transformed its economy from one of Europe's poorest to one of its richest in little more than two decades.In the early 1980s Ireland suffered from high unemployment, mass emigration and high taxation. Now, it has some of the lowest taxes and healthiest public finances in Europe; labour shortages and the flow of migration has been spectacularly reversed, and Ireland's GDP per capita has recently overtaken England's, unthinkable in the 1990s.
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