Waving that Tiger goodbye

Posted on

FT.com / Europe - IMF sees drag on Irish growth until 2014.

Ireland faces a deeper recession than any advanced economy, while the collapse of the property market and related financial stress in the banking sector will continue to be a drag on growth until at least 2014, the International Monetary Fund says in its annual report on Ireland.

More evidence that low tax is no basis on which to build an economy.

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