The False Economist

Tuesday, November 6, 2012

Patently Obvious: The Knowledge Economy

Are you Irish ?

Yes ? Good for you.

Are you hedging all your bets on an Irish recovery coming from exporting pharmaceuticals to the sick, bald, and impotent of the world ?

Well then, you probably shouldn't click on this link.


Ok, it's not that bad really. Exports are still breaking records, in a good way, and certain factors (as always) have to be taken into account. What the Citi graph does highlight however, is that Ireland's reliance on pharmaceutical exports must not discount the effect the "patent cliff" will have on the market for medicines and other pharmaceutical goods in the near future.

Also, happy Tuesday everyone:Why Not Start Your Weekend on Wednesday ?