OECD publishes Irish report

Before the economic crash, OECD reports on its member countries focused on the structural problems afflicting the individual economies, be it the dominance of a national telecoms company or so-called sheltered areas of the economy which didn’t face competition, including the professions such as lawyers or pharmacists.

Even mild recommendations in its regular round of country reports could unsettle finance ministries around the world, which would seek to influence the drafting of the studies.

The Paris-based think tank then lost a lot of its credibility when it spectacularly failed to warn about the onset of the global financial crisis in 2007.