A comparison of the principal economic features of Eire and Denmark

Abstract

Denmark is not only a smaller country than Eire but her climate is less equable, her soils are, in general, lighter and poorer, she has no coal and no water power to compensate for its absence, nor has she any iron ore or other metallic ores to serve as a basis for industrial activities. Yet, in comparison with Eire, she has a bigger population, a greater agricultural output, a more extensive industrial system, a larger foreign trade, a lower national debt, a higher national income and a better standard of living. It is the purpose of this paper to tlnow some light on this unusual economic paradox.