> Seth wrote:
>
> << (Which is now richer than its former colonial ruler, the UK.) >>
>
> Not yet. If you check out the article, Wolf makes the distinction between
> GDP per head (a measure of economic activity in Ireland) and GNP per head
> (a measure of the actual national income of the Irish).
>
> In Ireland, the ratio of GNP to GDP is about 80% -- they have a lot of
> foreign companies which pay their earnings straight out overseas and so
> are
> part of GDP but not GNP. In the UK, the ratio is substantially above
> 100%,
> because we're such big net owners of overseas assets.
>
Sorry. My oversight...