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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.
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]
The rich sometimes hide money by opening up shell corporations that don't have their names attached. "It can be difficult for law enforcement or tax authorities to figure out who owns the ...
The following Forbes list of Irish billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine in 2024. [ 1 ] 2024 Irish Billionaires List
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.
Under the Our Living Lands pledge, Ireland is giving people $92,000 to purchase and refurbish a vacant or run-down home on one of its remote islands.