As was the case with Brexit, and all the way back to the initial Irish decision to seek membership in the emerging confederation of European states in the 1960s, what happens in the United Kingdom can have major consequences in Ireland, both economic and political. In an open economy, the quality of government is a determinant of economic performance: poor governments will likely induce crises and recessions, and their trading partners suffer part of the cost. British governments have had a mixed record in modern times, and the recent travails of the Labour party, victors in 2024 after 14 years…
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