Sorry, I forgot...

Seth Ackerman SAckerman at FAIR.org
Mon Jul 19 18:08:13 PDT 1999


I should have added a link to the column and chart, which appear here:

http://www.ft.com/hippocampus/q11a3c2.htm


> Does someone want to comment on Martin Wolf's column in the Financial
> Times
> today about Ireland? The column is accompanied by a chart of Irish per
> capita GDP as a percentage of the UK's and of the OECD average. It's quite
> remarkable: from about 56% to about 102% of the OECD average between 1970
> and 1997. Ireland is now substantially richer than the UK.
>
> To the unschooled (like me) the Irish "miracle" seems to contradict the
> notion that successful development can't be done with the orthodox package
> of free trade, FDI, and "prudent" macro policies. Anyone else know better?



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