The Celtic Tiger In Historical And International Perspective

The Warwick Economics Research Paper Series (TWERPS) from University of Warwick, Department of Economics

Abstract: When Economic Development was published in 1958, Ireland was a growth failure but thirty years later it became the Celtic Tiger. This paper places this remarkable development in the context of long-run economic growth in Western Europe and establishes the distinctive features of Irish experience and policy. This enables an assessment of the diagnosis and policy proposals that Whitaker provided fifty years ago. The central roles in the Celtic Tiger of foreign direct investment, ICT production, and an elastic labour supply are highlighted while the importance of globalization and the abandonment of misguided autarchic policies is made clear.

Pages: 18 pages
Date: 2008
New Economics Papers: this item is included in nep-fdg and nep-his
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Citations: View citations in EconPapers (2)

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Working Paper: THE CELTIC TIGER IN HISTORICAL AND INTERNATIONAL PERSPECTIVE (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:wrk:warwec:867

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