Irish Examiner view: Double-edged sword of FDI

Shoppers on Grafton St in the centre of Dublin.

A snapshot of the Irish economy is available in the latest research to emerge from the Economic and Social Research
Institute. The report is by economist John FitzGerald and the title, ‘Understanding the Irish Economy’, suggests that many general readers will seize upon it for insight.

There is no shortage of conversation-starters in the report, which finds that in spite of the high cost of living in Ireland, living standards in the Republic are above the European average.