BoI: Tiger economy returns

Bank of Ireland Global Markets’ Economic Research Units’ latest economic ‘Outlook’, published today, indicates that the Tiger economy is back, with economic growth expected to average 6% for 2004 and 2005 and consumer spending on the increase.

Bank of Ireland’s chief economist Dr Dan Dan McLaughlin said: “The return of the Tiger economy is being underpinned by the classic drivers of economic growth - exports and investments.