Republic of Ireland

Ireland (Irish: Éire, ) is a country in north-western Europe. The modern sovereign state occupies about five-sixths of the island of Ireland, which was partitioned on May 3 1921. It is bordered by Northern Ireland (part of the United Kingdom) to the north, by the Atlantic Ocean to the west and by the Irish Sea to the east. Legally, the term Republic of Ireland (Irish: Poblacht na hÉireann) is the description of the State but Ireland is its name. In the early 20th century, Ireland became the successor-state to the Irish Free State. Ireland was one of the poorest countries in Western Europe and had high emigration. The protectionist economy was opened in the late 1950s and Ireland joined the European Community (now the European Union) in 1973. An economic crisis led Ireland to start large-scale economic reforms in the late 1980s. Ireland reduced taxation and regulation dramatically compared to other EU countries. Today, the Index of Economic Freedom ranks Ireland the world's third... full article at wikipedia