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. A highly-readable account of the unprecedented near collapse of the Irish economy, it covers property market bubbles, regulatory incompetency, and disastrous economic policies.
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.
Paul Sweeney surveys the processes and economic circumstances that have worked to produce the modern Irish economic miracle. He also casts a critical eye on the conditions that create a have and have not society in modern Ireland.
All across Ireland, thousands of people are living in apartments and houses with serious fire safety and structural defects. Some of these have made the news, many more have not. Defects: Living with the Legacy of the Celtic Tiger tells the horrifying story of these people and how they came to be trapped in dangerous homes. In this follow-up to Home, his hugely popular and acclaimed manifesto for public housing reform, Eoin Ó Broin reveals how decisions made by successive governments from the 1960s to the 1990s led to an alarmingly light touch building control regime. This regime, when combined with the hubris and greed of Celtic Tiger-era property development, allowed defective and unsafe properties to be built and sold in huge numbers to unsuspecting victims. Who was responsible? Why were they allowed to get away with it? And who will foot the bill to fix these potentially fatal defects? All these questions and more are answered in this hard-hitting and shocking investigative work.
Since the first edition there have been fundamental changes in the Irish growth model. The sudden collapse of the Irish economy in 2008 raises questions such as: why the sudden and deep decline in economic growth? What are the prospects for a return to growth? Answering these questions and more, this book is the definitive work on the Celtic Tiger.
The death of the Celtic tiger is not an extinction event to trouble naturalists. There was, in fact nothing natural about this tiger, if it ever really existed. The "Irish Economic miracle" was built on good old-fashioned subsidies (from the European Union) and the simple fact that until the 1980s Ireland was by the standards of the developed world so economically backward that the only way was up. And as it began to catch up to European and American averages, the Irish economy could boast some seemingly remarkable statistics. These lured in investors, the Irish deregulated and all but abandoned financial oversight, and a great Irish financial ceilidh began. It would last for a decade. When the global financial crash of 2008 arrived it struck Ireland harder than anywhere - even Iceland looked like a model of rectitude compared to the fiasco that stretched from Cork to Dublin. There was an avalanche of statistics as toxic as the property-based assets that lay beneath many of them And under all this rubble lay the corpse of the Celtic Tiger. How Ireland managed to achieve such a spectacular implosion is a stunning story of corruption, carelessness and venality, told with passion and fury by one of Ireland's most respected journalists and commentators.
This electronic version has been made available under a Creative Commons (BY-NC-ND) open access license. Ireland appears to be in the process of a remarkable social change, a process which has dramatically reversed a hitherto seemingly unstoppable economic decline. This exciting new book systematically scrutinises the interpretations and prescriptions that inform the 'Celtic Tiger'. Takes the standpoint that a more critical approach to the course of development being followed by the Republic is urgently required. Sets out to expose the fallacies that drive the fashionable rhetoric of Tigerhood. An esteemed list of contributors deal with issues such as immigration, the role of women, globalisation, and changing economic and social conditions.
This collective volume provides the reader with an exploration of various artistic works which grew out of the post Celtic Tiger era in Ireland. The different cultural fields of interest studied in this book include theatre, photography, poetry, painting, and cinema, as well as commemorative spaces. These different cultural voices enable one to explore Ireland, as a country located at a crossroads, in a kind of in-between space, and to wonder about the various political, economic, historical and social forces present in the country. The contributions interrogate Irish society within its present context, which is deeply impregnated by movement and transition but also strongly connected to time, to past and to memory. This collection of essays also presents the way in which these artistic works intertwine with various approaches, artistic, aesthetic, sociologic, cinematographic, historical, and literary, in order to pinpoint the transformations induced by both the Celtic Tiger and its aftermath. The issues of globalisation, identity, place and creativity are all dealt with. In assessing the aftermath of the post Celtic Tiger period, its impact and influences on today’s Irish society, the contributors also allude, incidentally, to its future evolution and trends.
When Irish culture and economics underwent rapid changes during the Celtic Tiger Years, Anne Enright, Colum McCann and Éilís Ní Dhuibhne began writing. Now that period of Irish history has closed, this study uncovers how their writing captured that unique historical moment. By showing how Ní Dhuibhne's novels act as considered arguments against attempts to disavow the past, how McCann's protagonists come to terms with their history and how Enright's fiction explores connections and relationships with the female body, Susan Cahill's study pinpoints common concerns for contemporary Irish writers: the relationship between the body, memory and history, between generations, and between past and present. Cahill is able to raise wider questions about Irish culture by looking specifically at how writers engage with the body. In exploring the writers' concern with embodied histories, related questions concerning gender, race, and Irishness are brought to the fore. Such interrogations of corporeality alongside history are imperative, making this a significant contribution to ongoing debates of feminist theory in Irish Studies.