Ireland Replaces Singapore as the "Most Globalised Western Economy" - Ernst & Young LLP

Ireland is the world’s second most globalised nation in term of GDP, and remains the most globalised nation in the western world according to Ernst & Young’s 2011 annual Globalisation Index, published today. The report also says that Ireland is forecast to maintain its overall second place ranking until at least 2015. In the 2010 edition of the annual global report, which is drafted in collaboration with the Economist Intelligence Unit (EIU) and issued at the World Economic Forum in Davos, Ireland was reported to have displaced Singapore to become the world’s second most globalised economy. In the 2011 edition, the report confirms that in addition to retaining its second position overall, Ireland is the most globalised western economy and the most global economy worldwide in two key categories: Global technology exchange and global movement of finance and capital.