Birdwatch Note Rating
2023-09-05 18:49:28 UTC - HELPFUL
Rated by Participant: 7E90E35D6F0D6EAD53EA71BB3F80A1216419F1374804576A9C25BAAE2C46E4D2
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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