The Rise and Fall of Ireland's Celtic Tiger

Liberalism, Boom and Bust

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Business & Finance
Cover of the book The Rise and Fall of Ireland's Celtic Tiger by Seán Ó Riain, Cambridge University Press
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Author: Seán Ó Riain ISBN: 9781139904216
Publisher: Cambridge University Press Publication: March 20, 2014
Imprint: Cambridge University Press Language: English
Author: Seán Ó Riain
ISBN: 9781139904216
Publisher: Cambridge University Press
Publication: March 20, 2014
Imprint: Cambridge University Press
Language: English

In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successful market-led globalisation and economic growth. How can we explain the Irish crisis? What does it tell us about the causes of the international crisis? How should we rethink our understanding of contemporary economies and the workings of economic liberalism based on the Irish experience? This book combines economic sociology and comparative political economy to analyse the causes, dynamics and implications of Ireland's economic 'boom to bust'. It examines the interplay between the financial system, European integration and Irish national politics to show how financial speculation overwhelmed the economic and social development of the 1990s 'Celtic Tiger'.

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In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successful market-led globalisation and economic growth. How can we explain the Irish crisis? What does it tell us about the causes of the international crisis? How should we rethink our understanding of contemporary economies and the workings of economic liberalism based on the Irish experience? This book combines economic sociology and comparative political economy to analyse the causes, dynamics and implications of Ireland's economic 'boom to bust'. It examines the interplay between the financial system, European integration and Irish national politics to show how financial speculation overwhelmed the economic and social development of the 1990s 'Celtic Tiger'.

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