Examining the Causal Factors and Societal Ramifications of the Celtic Tiger Phenomenon
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economics
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date published 23/04/2008
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SummaryWhen one examines the historic past of Ireland it is evident that this once colonial appendage of Brittan has had its fair share of despair. Within just over a hundred years Ireland as a whole has suffered through numerous crises including two famines, oil crisis, religious conflict and economic wars. However, in the late 1990’s Ireland’s fortune appeared to make a drastic turn toward prosperity. After the tariff walls put up by De’ Valera’s economic protectionalism were torn down, Ireland became a magnet for foreign investment. This influx of foreign investment not only eradicated Ireland’s immense amount of debt, but it allowed it’s economy to grow to be one of the most powerful in the modern western world. This economic phenomenon came to be known as “The Celtic Tiger” as the rapid expansion of Ireland’s economy brought growth rates similar to the so-called “Tiger” economies previously found in Asian countries.
Table of Contents- Examining De Valera's Ireland.
- The Emergence of the 'Celtic Tiger?.
- Societal Ramifications of the Celtic Tiger.
- Articles in Support of the Celtic Tiger.
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