Birdwatch Note Rating
2023-09-06 17:55:51 UTC - HELPFUL
Rated by Participant: C72E10A5ADEDC9B03ABD78DB4A0B9FB0AD7F41B804E6602C405B4CD0A661B6EB
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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