When Irish Taoiseach (or Prime Minister) Brian Cowen joins political leaders from Northern Ireland in Washington for next week’s St Patrick’s Day jamboree, President Barack Obama will hopefully show them more courtesy than he did UK Prime Minister Gordon Brown last week. He should, because rather than bore the new president with wonkish jabbering about the merits of the G20, the Irish will give Obama a spin on the time machine, a Tardis ride to an older Ireland assumed to be but an artifact. Given the context, that all might come off as somewhat glib. An old anecdote tells of a British pilot, making his landing announcement on a flight from London to Belfast, sometime in the early 1970s. “Ladies and gentlemen, we are commencing our descent into Belfast. Please set your watches back 300 years” – in reference to Northern Ireland’s seemingly anachronistic sectarian disputes.
SINGAPORE — Two of the world’s most open and successful economies face tough times as the global downturn marks the end of one era and opens a new period of peril and possibility for both. Singapore and Ireland have staked their fortunes on being small, export-oriented, investor-friendly dynamos. Singapore was one of the original Asian Tiger economies, and the label passed to the Atlantic nation in the 1990s, as 15 years of 5 percent average growth earned Ireland its “Celtic Tiger” reputation. But as Kishore Mahbubani, a former Singapore diplomat and author of The New Asian Hemisphere – The Irresistible Shift of Power to the East, told The Washington Times, “being globalized has its downside – when the world economy stutters, the more open economies feel the pain first.” Both Singapore and Ireland are officially in recession, defined as two consecutive quarters of negative growth. Last week, U.S. computer giant Dell Inc. culled 2,000 jobs at its plant in Limerick in the west of Ireland, while Singapore’s Trade Ministry stated Jan. 2 that it expected the economy to contract 2 percent in 2009, the worst predicted performance of any Asian economy for the coming year.