Fitter yet fragile

http://www.economist.com/news/finance-and-economics/21569049-irelands-success-attracting-foreign-investment-has-its-drawbacks-fitter-yet

Ireland's economy has  been struggling over the past couple of years.  They have received bailouts from the EU and now a looking to fix up their economy.  Europe has devised a plan to help Ireland out of the economic slump they are currently in.  The plan is mainly driven by austerity and reforms and if Ireland is capable of financing itself again, then that would be considerable evidence for the rest of Europe that this plan works.  The Irish GDP has only grown .4%, however compared to other countries in economic recession such as Italy and Spain that growth rate is considerably better.  Due  to the fact that there is a low corporate tax rate in Ireland, this has attracted a lot of foreign direct investment.  Many  American firms have been investing into this especially but other countries have as well.  The exports for Ireland have exceeded the value of GDP due to the high foreign presence of firms.  With this high presence of foreign firms Ireland can consequentially be harmed when world trade stumbles because the GNP of the nation is lesser than the GDP value. Ultimately, Ireland's economy is still being watched closely, but it has shown signs of improvement over the past couple of years and is speculated to return to the bond markets by the end of 2013.  This current state of Ireland can help us by whether or not the rescue program they have implemented will work.  If it does we could use it to help other countries out in a similar situation.  The better the economy for other countries can help boost another countries economy much faster.