Ireland's economic success story

These days, every economic textbook should finish with four words: "Now go study Ireland". How so? ...

These days, every economic textbook should finish with four words: "Now go study Ireland". How so? Because in the last decade, the Irish economy has emerged as the most successful, and therefore the most interesting, in the world. Most people are aware that the Irish have been getting richer. The Paris-based Organisation for Economic Cooperation and Development (OECD) confirmed just how much progress Ireland has made when it released figures on per-capita GDP, based on purchasing power parities for 2002. Ireland was bumped up a slot, joining the small group of high-income nations alongsid...