The Celtic Tiger: Ireland's Economic Miracle ExplainedThe success of the Irish economy is remarkable. After 80 years of relative decline, Ireland now has the fastest growing economy in the OECD and one of the fastest growing economies in the world. But how did this turnaround come about? What were the factors and policies that lead to it? Why has the economic growth not done more to lower unemployment and alleviate poverty? Will the economic boom continue? |
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Aer Lingus agencies agricultural areas Asian Tigers average benefits boost Britain capital Celtic Tiger cent century Chapter competition consensus costs countries Cumann na nGaedheal Dublin economic boom economists emigration employees employment enterprise ESRI Europe European Union exports factors Fianna Fáil forecast foreign investment Forfás globalisation high level important increase indigenous industry industrial policy inflation interest rates Ireland Irish companies Irish economy Irish firms Irish industry Irish pound labour force living standards long-term unemployed long-term unemployment major manufacturing ment million MNCs multinationals NESC nomic OECD organisation partnership performance ployment population poverty privatisation problem productivity profits Programme public spending radical recession reduced reform rise role sector share Single Market SIPTU social social partnership Structural Funds substantial success Table Telecom Eireann tion trade unions unem wage welfare workers workforce