Tuesday December 1, 2020

Multinational sector inflates true wealth of Irish people – OECD

l Realistic estimate of average wealth puts Ireland much closer to bloc average

6th November, 2016

The multinational sector is distorting the true wealth of Irish people, which is more than a fifth lower than the OECD average, according to new research.

A paper from the Organisation for Economic Co-operation and Development shows that Irish GDP per capita was 24 per cent above the average level for members of the group.

However, when measured for disposable income, Ireland tumbled down the ratings, with a level of free cash 22 per cent below...

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