ireland’s recession

The global recession is just a coincidence for Ireland

29 Jun 2009

The global recession is just a coincidence for Ireland

The latest export figures for Ireland show an increase over a year ago, a feat unique in the EU and the OECD. These only serve to reinforce the local, rather than global, circumstances of Ireland’s recession. If Ireland truly were a victim of collapsing global demand, the GDP fall this year would be closer to 20%.

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