Modern Ireland – is EU member state with open, progressive, and dynamic economy. The Irish economy is staging a recovery from the world crisis of 2008 and global turmoil, which have affected most developed countries of the world. The country returned to market financing in 2012, which reflects increased investor confidence in Irish economy. During last years, Ireland performs exceptionally well on main economic and social indicators. Like most other OECD and EU countries, Ireland has experienced rapid growth in the services sector. The country's competitiveness and export potential have also significantly improved in post-crisis. Ireland has a leading position in global ranking which indicates countries have been successful in creating a prosperous society. In the UNDP's 2014 Human Development Index (HDI), which ranks the countries based on their life expectancies, access to knowledge and standard of living, Ireland ranked 11th out of 187 countries.