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The economy of the Republic of Ireland is a highly developed knowledge economy, focused on services in high-tech, life sciences, financial services and agribusiness, including agrifood. Ireland is an open economy (3rd on the Index of Economic Freedom), [27] and ranks first for high-value foreign direct investment (FDI) flows. [28]
Foster, R. F. Luck and the Irish: A Brief History of Change from 1970 (2008), 227pp; Johnson, David S. "The economic history of Ireland between the wars." Irish economic and social history 1.1 (1974): 49–61. McCarthy, Charles. Trade unions in Ireland 1894–1960 (Dublin: Institute of Public Administration, 1977). Mitchison, Rosalind.
From 1945 to 1960 Ireland missed out on the European economic boom across Europe, and 500,000 people emigrated. A major policy change followed the issue of TK Whitaker's economic model in 1958, and the Republic slowly embraced the industrial world. Most Irish exports continued to go to Britain until 1969.
Apple lost a long-running court battle with the European Union on Tuesday, resulting in the company being forced to pay 13 billion euros ($14.4 billion) in back taxes to Ireland, as part of a ...
Ireland was a major player in the IT industry: in 2002, it had exported US$10.4 billion worth of computer services, compared to $6.9 billion from the US. Ireland accounted for approximately 50% of all mass-market packaged software sold in Europe in 2002 (OECD, 2002; OECD, 2004). [citation needed]
In 2017 Dublin ranked 1st in Ireland by disposable income per person, at 110% of the State average. [1]In 2008, it was the city with the 2nd highest wages in the world, [2] dropping to 10th place in 2009, [3] and, according to a Brookings Institution report in 2012, had the 14th highest income per capita in the world at $55,578 (€42,960).
It’s estimated that Augustus Caesar controlled the modern equivalent of $4.6 trillion, but the leader of the West African Kingdom of Mali was so rich that his wealth can’t possibly be calculated.
Countries by total wealth, 2022 (2023 publication) National net wealth, also known as national net worth, is the total sum of the value of a country's assets minus its liabilities.