Why is Ireland so rich? - Politics Forum.org | PoFo

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#15242658
When an Arab Prince digs up a fossil and sends the oil somewhere then they got 999,999 gdp per capita. thats not wealth or family income. or net worth. I thought that on these south korea gdps now days. i have no idea /had no idea about this ireland number. There 86,000 people on the Isle of Man and there's a gdp per capita of 90,000. 10,000 people are employed in finance and insurance.
By ness31
#15242662
Because it’s full of smart Irish people.
User avatar
By Mike12
#15242673
What was this thread about anyway? Ireland getting French Turtlenecks? So I'm a Frenchman who owns my own university and I have a short haircut and a turtleneck and glasses. Like only a frenchman could that look from the movie.
#15242683
Independent_Srpska wrote:Because they were not invaded by Ottomans and then occupied for 4 centuries


Genius they were about +/- 500 Years occupied by England. 1845 Ireland had a extreme famine. After WW1 they managed to get independent.

Their language "Gaelic" is forgotten, they talk English.
User avatar
By Mike12
#15242684
Sandzak wrote:Genius they were about +/- 500 Years occupied by England. 1845 Ireland had a extreme famine. After WW1 they managed to get independent.

Their language "Gaelic" is forgotten, they talk English.

In the 2016 census, 78.3% (3.5 million) of the population identified as Catholic
Church of Ireland (2.7%)
In 2022 only 40 percent of Catholics attend church.

The second largest Christian denomination, the Church of Ireland (Anglican), declined in membership for most of the twentieth century, but has more recently experienced an increase, as have other small Christian denominations. Other significant Protestant denominations are the Presbyterian Church in Ireland



#15242688
Ireland may be rich because it offers a tax haven for corporations. Per Wikipedia:

Ireland's base erosion and profit shifting (BEPS) tools give some foreign corporates § Effective tax rates of 0% to 2.5%[b] on global profits re-routed to Ireland via their tax treaty network.
#15242693
Sandzak wrote:https://data.worldbank.org/indicator/NY.GDP.PCAP.CD?locations=TR&most_recent_value_desc=true


Luxembourg is clear (banks), but why is Ireland so rich???


Louxembourg is also extremly small a Citystate.


Ireland has about x2 GDP per Capita compared to UK.


Ireland's GDP is to a significant degree "artificial". A consequence of corporations transfering their intangible assets to the country.

Ireland's wages aren't as high as GDP would suggest.
#15242748
Sandzak wrote:Genius they were about +/- 500 Years occupied by England. 1845 Ireland had a extreme famine. After WW1 they managed to get independent.

Their language "Gaelic" is forgotten, they talk English.


Yep. The Irish had opportunity to choose first (between Turkish or English occupation), they have chosen wisely - to be occupied by English, that's the answer to your question in the title. :D

The Balkans, on the other hand, didn't have that luck.
#15242753
Rugoz wrote:Ireland's GDP is to a significant degree "artificial". A consequence of corporations transfering their intangible assets to the country.

Ireland's wages aren't as high as GDP would suggest.



This explains the question!
#15243188
AFAIK Ireland is rich because its a tax haven.

The average irish person doesnt profit though.

Neither does the EU.

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