'IKEA effect' hurting Republic's economy

[DimaL]

Из последних новостей:

The latest economic commentary from Bank of Ireland suggests the rate of unemployment will be at 6% by the end of this year.
The report predicts that GDP growth will be zero in 2008, while GNP growth will be 0.6%. Next year both GDP and GNP growth will reach 1.5%.
Everything that could go wrong for the Irish economy has gone wrong, according to Bank of Ireland chief economist Dan McLaughlin, whose quarterly Economic Outlook is out today.
Dr McLaughlin says the credit crunch, high oil prices, the fall in the Irish stock market, slow economic activity, higher interest rates and weakness in the dollar and sterling have all taken their toll. He says this has led to a sharp fall in business and consumer confidence. On top of these problems he says Irish retailers now have to cope with the fact that the Irish shopper spent 30% more abroad in the first three months of this year, while growth in the tourist spend here was only 2%. This, he says, is partly down to the IKEA effect, or the leakage of spending to Northern Ireland for items such as clothing, furniture and food.

Главное найти виноватого, не так ли? Виновный-то очень близко - Белфаст, будь он не ладен, да ещё и шведы с их ИКЕЕЙ.