Within the space of 24 hours last week, the government received two serious warnings about the state's reliance on a small number of US multinationals.
The first, from the National Competitiveness Council, found that one-third of Irish exports come from just five companies, a figure which it says disguises a large number of smaller firms where productivity is stagnant or falling. It said 75 per cent of exports were accounted for by just 50 companies, a...
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