Celtic Tiger II: experts predict 15-year boom

THE economy is set to experience another 15 years of booming growth, according to a new report.

In the bullish report, entitled 2020 Vision - Ireland's Democratic Dividend, NCB Stockbrokers forecast the economy will grow 5.75% for the next five years and ease somewhat to 5% for the following five years.

By 2020 the population will have surged to 5.3 million from 4.1m, an increase of 30%. By 2050 it will have grown to six million.