Small states like Ireland don’t have the luxury of insular thinking, and yet, much of our daily discourse reads as if the rest of the world doesn’t matter. That is a mistake. Luckily our civil servants are less affected by insularity, perhaps because they cannot afford to be.   If that statement surprises you, the monthly briefings on the national finances by the country’s chief economist, for example, always have a few slides on developments in our main export markets. The main risks they pose to us are clearly spelled out. The NTMA’s monthly investor presentation has the same focus. The…

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