An old challenge for a new generation

Nearly 70 years after Ireland opened its economy to the world, countries like the UAE are following suit

‘All politics is local,” says everybody. “All economics is local,” says nobody.

The truth is that the shape of the economy you inhabit in your daily life is influenced as much by the price of gold in Tashkent as the price of grain in Termonfeckin. Apple’s iPhone sales alone change the measurement of the value of output of the Irish economy. Fully one quarter of 2017’s economic growth was attributed to this one ...