Could Ireland’s economic boom lead to gloom?
Foreign investment has boosted our economy, but there is a risk that indigenous industry will suffer as a result
Is Ireland being slowly afflicted with a case of “Dutch disease”? This damaging sickness is normally used to describe a situation whereby an unexpected boom in one sector of the economy can ultimately prove to have a detrimental impact on the economy overall.
Its origins lie in the north-west of the Netherlands where, in 1959, the Dutch discovered the Groningen natural gas field. That field, the largest in Europe, was originally seen as ...
