The Irish economy: Three strikes and you’re out?
We examine the three interlinked Irish crises : the competitiveness, fiscal and banking crises, showing how all three combined to lay a lethal trap for Ireland. Starting from a point of economic balance, a series of poor government decisions led to the country once dubbed the “Celtic tiger” becom...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
Economists' Association of Vojvodina
2011-01-01
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Series: | Panoeconomicus |
Subjects: | |
Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2011/1452-595X1101019G.pdf |
Summary: | We examine the three interlinked Irish crises : the competitiveness, fiscal and banking crises, showing how all three combined to lay a lethal trap for Ireland. Starting from a point of economic balance, a series of poor government decisions led to the country once dubbed the “Celtic tiger” become the second eurozone state after Greece to seek a bailout, with the EFSF/IMF intervening in late 2010. |
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ISSN: | 1452-595X |