The EU and Ireland’s economic growth and recovery

John Fitzgerald, Patrick Honohan

The macroeconomic advances made by Ireland would have seemed impossible when the country joined the European Economic Community half a century ago. This column argues that while the four freedoms of movement within the European Union are all ingredients in the story of Ireland’s macroeconomic transformation, arguably more important has been the way in which joining the EU catalysed a much larger opening up of the Irish economy to the opportunities and risks of an increasingly globalised world.

Πηγή: Voxeu

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