Will EU Membership Transform Montenegro’s Economy Like It Did Ireland’s?
Ireland is one of the richest countries in the world, with a per capita GDP of US$125,000. But only 51 years ago, Ireland was one of the poorest countries in Western Europe, with a per capita GDP of just US$2,080. What caused this miraculous change in fortunes? It wasn’t the luck of the Irish, nor a leprechaun’s…