Birdwatch Note Rating
2023-09-05 19:07:09 UTC - HELPFUL
Rated by Participant: 1D0BBDDCB2A961A6CDAF7299E9D326D84EEE647487A85FF8B368FC04204F6C70
Participant Details
Original Note:
Irish GDP growth rates are exaggerated by profits from multinational corporations that base themselves in Ireland for tax purposes, making GDP per capita a bad measure of living standards in Ireland. Actual Individual Consumption in Ireland is still lower than in the UK. https://www.centralbank.ie/docs/default-source/publications/economic-letters/vol-2021-no-1-is-ireland-really-the-most-prosperous-country-in-europe.pdf
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