How Ireland Became the Celtic Tiger
Just in case you didn't know.
From the American think-tank, the Heritage Foundation by Sean Dorgan, head of the IDA.
From the American think-tank, the Heritage Foundation by Sean Dorgan, head of the IDA.
posted by Auds | 21:16
1 Comments:
It need only be one paragraph... There was and is non-existant Corporation Tax, which lead to an influx of foreign corporations, whose wage bills paid for an explosion in people's disposable income, which then fed rampant consumerism.
This growth reached a natural end but has since been sustained and masked by a subsequent construction boom, sustained by people's obsession with home ownership and investors' obsession with commercial property.
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