National accounts for a global economy: the case of Ireland
This QEC Special Article was subject to refereeing prior to publication. The authors are solely responsible for the content and the views expressed.
The traditional National Accounts published by the CSO need to be supplemented by satellite accounts in order to understand the globalised economy in Ireland. The existing National Accounting framework, which has provided vital information for policymakers and for wider society over the last 50 years, cannot handle the complexities of globalisation in its existing form.