@awoken@CynicalPublius ent are there.
That’s why Ireland often appears as the “most productive” country in GDP-per-hour-worked statistics — a huge chunk of its recorded GDP is paper profits of U.S. tech and pharma giants, not actual Irish economic activity.
@awoken@CynicalPublius Why Rankings Get Distorted
Countries that are major conduits for profit shifting (Ireland, Luxembourg, Netherlands, Singapore, Switzerland, etc.) end up with artificially inflated GDP because the shifted profits count toward their GDP even though almost no real workers or investm