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April 8th, 2007
Getting the optimum out of Ireland’s success
Since the early 1990s, Ireland's population has shot up by 20 per cent, mainly through the influx of non-Irish who now make up 10 per cent of the population.
Despite this influx, unemployment has been cut down from 16 per cent to 4.2 per cent and the number of people working has gone up from 1.1 million in the early 1990s to 2.1 million.
This is, in short, the Irish economic miracle. There has been an important strategic shift from the "screw driver plants" or assembly lines to high tech, R&D, pharmaceuticals, computer, biopharma, nanotech, health care and prepared consumer foods etc.
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