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Ireland, from the “Celtic tiger” to an out-of-catalogue animal

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发表于 2024-3-12 12:36:30 | 显示全部楼层 |阅读模式
The presence of more than a thousand pharmaceutical, banking and high-tech multinationals (Google, Apple, Pfizer, Amazon, Facebook, Twitter, Linkedin, TikTok, Intel, IBM, Yahoo...), which do not produce in the country but have their registered office for the purposes of reporting profits and paying taxes on them, conditions the Irish economy to such an extent that it cannot be measured by conventional standards. GDP means nothing, because it includes what these companies generate at an accounting level, as if it were distributed among all citizens, which is not true. He makes it seem that a Cork or a Dubliner is richer than a Londoner or a New Yorker, and earns twice as much as a German, a Frenchman or an Italian when he is not at all. The very competitive corporate tax of 12.5% ​​(15% starting next year for companies with more than 700 million euros in annual turnover) is also a distorting element of the statistics, because it makes the numbers dance.

Their overall gains or losses due to circumstances that actually have very little to do with Ireland. The GDP takes brutal leaps. In 2022 the economy grew by 12.2% (the envy of the world), in the first quarter it contracted 4.6% (also an Russia Mobile Number List unrealistic figure), now it has taken a breather again and an increase is expected for the entire country. year 5.5% (and 5% by 2024). The presence of a thousand multinationals alters the GDP and makes the Irish appear richer than they are Ireland has risen to second place in the global competitiveness ranking prepared by the Swiss business school IMD - only behind Denmark - for its "agility and competitiveness in the current unpredictable environment, with a robust economy, boost after the pandemic, fiscal attractiveness, sustainability.



Its accounts, employment metrics, foreign investment, domestic demand, infrastructure, training and educational level of the workforce, command of English, international image, capacity to attract talent, legal certainty, exports of services and surroundings Favorable to business ”. People walk past tents in a refugee camp outside the Irish Government's International Protection Office. AFP Much of this responds to indisputable statistics, such as the 12,000 million euros per year in corporate tax (courtesy of multinationals), an inflation of 8.1% (which is estimated to drop next year to 2.4%), a increase in investment of 25.9% last year and unemployment of 4.3%, which is practically insignificant. Things must not be bad when, for the first time in a long time, there are more Irish people returning home than going abroad. But the memory of the bubble that burst fifteen years ago and that forced the rescue of international institutions under abusive conditions still weighs heavily.

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