Gurdgiev: Irish growth rate increasingly resembles imaginary numbers

ESRI's forecast fails to fully reflect economic uncertainty, writes Constantin Gurdgiev

16th March, 2016
CSO large cases unit deals with 75 big companies to compile GDP figures

In line with this, on an annual basis, personal consumption and current government spending both managed to grow at less than half the rate of growth in GDP, each rising over the aforementioned period by less than 2.2 per cent per annum on average. In contrast, padded by the IFSC, aircraft leasing, MNCs booking superficial R&D investments into Ireland, and vulture funds flipping speculative assets in the property markets, Irish investment was growing on average...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

A whole new level: Why Microsoft is paying $68.7bn to acquire Activision-Blizzard

Analysis: Northern Ireland protocol issue becomes ever more pressing as elections approach

Eoin Ó Broin: Focus on built environment is key to cutting emissions

Analysis: At what point could Covid-19 be reasonably compared to a cold or flu?