It is instructive to compare Ireland and its economic development with Sweden. The Prime Minister is Leo Varadkar, who comes from the center-right Fine Gael party.<\/p>\n\n\n\n
For many years, Ireland was dominated by Britain, but in the early 1920s, the country achieved its independence. During the 1840s, Ireland suffered from a severe famine, which caused a large number of residents to choose emigration. Despite this difficult period, poverty continued to affect the country until relatively recently. When Ireland joined the EC (later EU) in 1973, the nation underwent significant changes, shifting from an agriculture-based economy to one with a thriving high-tech industry and a welfare system. However, the 2008 financial crisis had a profound impact on Ireland, leading to extensive austerity measures. Although the worst parts of the crisis had subsided by the mid-2010s, there are concerns about how Brexit may affect Ireland's economy and its relationship with Northern Ireland.<\/p>\n\n\n\n