Author: Donal Donovan Publisher: Oxford University Press ISBN: 0199663955 Category : Business & Economics Languages : en Pages : 318
Book Description
Examines how the Celtic Tiger, an economy that was hailed as one of the most successful in history, fell into a macroeconomic abyss necessitating an unheard of bail-out. It covers property market bubbles, regulatory incompetency, and disastrous economic policies. A highly readable account of the unprecedented near collapse of the Irish economy.
Author: Donal Donovan Publisher: Oxford University Press ISBN: 0199663955 Category : Business & Economics Languages : en Pages : 318
Book Description
Examines how the Celtic Tiger, an economy that was hailed as one of the most successful in history, fell into a macroeconomic abyss necessitating an unheard of bail-out. It covers property market bubbles, regulatory incompetency, and disastrous economic policies. A highly readable account of the unprecedented near collapse of the Irish economy.
Author: Marie Mianowski Publisher: Taylor & Francis ISBN: 1315387891 Category : Literary Criticism Languages : en Pages : 196
Book Description
Post Celtic Tiger Landscapes in Irish Fiction discusses the representations of place and landscape in Irish fiction since 2008. It includes novels and short stories by William Trevor, Dermot Bolger, Anne Enright, Donal Ryan, Claire Kilroy, Kevin Barry, Gerard Donovan, Danielle McLaughlin, Trisha McKinney, Billy O’Callaghan and Colum McCann. In the light of writings by geographers, anthropologists and philosophers such as Doreen Massey, Tim Ingold, Giorgio Agamben and Jeff Malpas, this book looks at the metamorphoses of place and landscape representations in fiction by confirmed or debut authors, in the aftermath of a crisis with deep economic as well as cultural consequences for Irish society. It shows what place and landscape representations reveal of the past, while discussing the way notions such as boundedness, openness and emergence can contribute to thinking out space and place and designing future landscapes.
Author: Kieran Allen Publisher: Manchester University Press ISBN: 9780719058486 Category : Social Science Languages : en Pages : 216
Book Description
This critical look at the Celtic tiger challenges many myths about Ireland's success story and brings its class divisions into sharp focus.
Author: Colin Coulter Publisher: Manchester University Press ISBN: 1784996505 Category : Political Science Languages : en Pages : 312
Book Description
A radical look at the Irish austerity measures and the attempts to prop up business and the banks at the expense of ordinary citizens, left to bear the brunt of conditions they did not cause. Many of these contributors predicted Ireland's rapid cyle of boom and bust, even at the height of the Celtic Tiger boom.
Author: Donal Donovan Publisher: OUP Oxford ISBN: 0191640581 Category : Business & Economics Languages : en Pages : 352
Book Description
By 2000, Ireland had achieved a remarkable macroeconomic performance: 10% economic growth annually, a budget surplus, and a very low debt to GDP ratio. Emigration had disappeared and there was significant immigration from Eastern Europe. Yet, by November 2010, output had collapsed to an extent unprecedented among post war industrial countries, the budget deficit was out of control, and the debt to GDP ratio had soared to around 100%. In an unprecedented development, Ireland was forced to apply for an emergency bail-out package from the Troika (European Commission, European Central Bank, and the International Monetary Fund). This book examines how the Celtic Tiger, a high growth performing economy, fell into a macroeconomic abyss. It is a story that shows how the Irish economy moved from a property market crisis to a banking crisis and fiscal crisis, and how these three crises led to a fourth crisis, the massive financial crisis of 2010. Against the backdrop of the newly created Eurozone, the book demonstrates how a housing boom was transformed into a property market bubble through excessive credit creation. Accompanying the market bubble, buoyant property related taxes enabled a profligate government to over spend and under tax. Few, either in Ireland or Europe, recognised the danger signals because the prevailing economic ideology suggested that financial markets could self-regulate. The book analyses the roles of banks, builders, developers, regulators (the EU, the ECB, the Central Bank of Ireland, and the Irish Financial Regulator), politicians, economists, the media, and a property driven populace during the various stages of the downfall of the Celtic Tiger. It pays particular attention to the decisions to provide a highly controversial comprehensive guarantee for the covered Irish banks in 2008, and the subsequent events that left the government with no alternative but to request the 2010 bail out. Throughout the book, attention is devoted to the allocation of responsibilities for the unfolding crises. First, who or what was responsible for what happened and in what sense? Second, could specific actions have been taken at various stages to prevent the final recourse to the bail out? Finally, the book addresses the future of the Celtic Tiger. It discusses the impact of measures to help resolve the current Euro debt crisis as well as the underlying lessons to be learned from this traumatic period in Ireland's economic and financial history.
Author: P. Kirby Publisher: Springer ISBN: 0230595731 Category : Political Science Languages : en Pages : 253
Book Description
Ireland's Celtic Tiger economy has been held up as a model of successful development in a globalized world, offering lessons for other late developing countries. It interrogates the principal theoretical approaches which have been used to analyze the Celtic Tiger, particularly neo-classical economics, and finds them inadequate to capture its ambiguities or address its developmental deficit. Elaborating an alternative approach, drawing particularly on the work of Karl Polanyi, the book offers an interpretation which captures more fully the ways in which the Irish State has made itself subservient to market forces. The options now facing Irish society are mapped out through a critical examination of globalization, identifying possibilities for development and social action.
Author: Deirdre Flynn Publisher: Springer ISBN: 3319785508 Category : Literary Criticism Languages : en Pages : 205
Book Description
This is the first book on Irish literature to focus on the theme of loss, and how it is represented in Irish writing. It focuses on how literature is ideally suited to expressions and understanding of the nature of loss, given its ability to access and express emotions, sensations, feelings, and the visceral and haptic areas of experience. Dealing with feelings and with sensations, poems, novels and drama can allow for cathartic expressions of these emotions, as well as for a fuller understanding of what is involved in loss across all situations. The main notion of loss being dealt with is that of death, but feelings of loss in the wake of immigration and of the loss of certainties that defined notions of identity are also analysed. This volume will be of interest to scholars, students and researchers in Irish Studies, loss, memory, trauma, death, and cultural studies.
Author: François-Charles Laprévote Publisher: Edward Elgar Publishing ISBN: 178347808X Category : Languages : en Pages : 624
Book Description
The Research Handbook on State Aid in the Banking Sector brings together experts in state aid and in financial regulation, drawn from legal academia, legal practice, economics, and from the EU and EEA institutions to shed light on this relationship. The editors and expert contributors do this by elucidating key concepts that underpin the application of state aid law to banks, and by considering specific aspects of the interface between state aid and financial regulation. The Handbook's analysis is complemented by a number of key country-based case studies, and by a concluding section which takes stock of the Banking Union’s package of legislative/regulatory reforms and reflects on the possible future role of state aid in this sector.
Author: Michael Burton Publisher: Springer ISBN: 1137482850 Category : Political Science Languages : en Pages : 215
Book Description
This book considers the relationship between public spending and public deficit and the varying successes and difficulties governments have had in recent years to balance the two. As the fiscal crash of 2007/8 turned into the Great Recession and tax revenues tumbled, public finances across the UK, the USA and Europe plunged into deficit. Controversial attempts by governments to balance their budgets, commonly described as austerity by critics, had mixed success, politically and economically. Michael Burton outlines how politicians tackled the worst economic downturn in over half a century, drawing on previous examples of deficit-reduction to see how governments managed public finances in recessions and where austerity worked and where it failed. This two-part book, which for the first time provides an historical context to austerity, analyses firstly deficit-reduction in the UK in the 1970s, 1980s, 1990s and 2010-2016, and then looks at case studies in Europe, the USA, Canada and Asia Pacific. The author concludes that with the ageing population placing greater pressure through health and pensions on the public finances of the developed world, politicians and their electorates will have to learn to live long-term with austerity.