The Fall of the Celtic Tiger


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. A highly-readable account of the unprecedented near collapse of the Irish economy, it covers property market bubbles, regulatory incompetency, and disastrous economic policies.




The Rise and Fall of Ireland's Celtic Tiger


Book Description

In 2008 Ireland experienced one of the most dramatic economic crises of any economy in the world. It remains at the heart of the international crisis, sitting uneasily between the US and European economies. Not long ago, however, Ireland was celebrated as an example of successful market-led globalisation and economic growth. How can we explain the Irish crisis? What does it tell us about the causes of the international crisis? How should we rethink our understanding of contemporary economies and the workings of economic liberalism based on the Irish experience? This book combines economic sociology and comparative political economy to analyse the causes, dynamics and implications of Ireland's economic 'boom to bust'. It examines the interplay between the financial system, European integration and Irish national politics to show how financial speculation overwhelmed the economic and social development of the 1990s 'Celtic Tiger'.




Celtic Tiger in Collapse


Book Description

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.




Ship of Fools


Book Description

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.




Celtic Revival?


Book Description

Celtic Revival? explores what happens when a society loses its wealth, its faith in government, and its trust in its Church. The glorious rise of the Celtic Tiger in Ireland was thought by many to be a model for future economic growth for countries around the world; its dramatic crash in 2008 resonated equally widely. Yet despite the magnitude of the ongoing collapse, Sean Kay shows that seen in historical perspective, the crisis is part of a much larger pattern of generations of progress and change. Kay draws on a rich blend of research, interviews with a broad spectrum of Irish society, and his own decades of personal experience to tell the story of Ireland today. He guides the reader through the country's major economic challenges, political transformation, social change, the crisis in the Irish Catholic Church, and the rise of gay rights and multiculturalism. He takes us through the streets of Derry and Belfast to understand the Northern Ireland peace process and the daunting task of peace building that has only just begun. Finally, we see how Irish foreign policy has long been a model for balancing competing interests and values. Kay concludes by highlighting Ireland's lessons for the world and mapping a vital path for twenty-first-century challenges and opportunities for the coming generations in Ireland and beyond.




Music and Irish Identity


Book Description

Music and Irish Identity represents the latest stage in a life-long project for Gerry Smyth, focusing here on the ways in which music engages with particular aspects of Irish identity. The nature of popular music and the Irish identity it supposedly articulates have both undergone profound change in recent years: the first as a result of technological and wider industrial changes in the organisation and dissemination of music as seen, for example, with digital platforms such as YouTube, Spotify and iTunes. A second factor has been Ireland’s spectacular fall from economic grace after the demise of the "Celtic Tiger", and the ensuing crisis of national identity. Smyth argues that if, as the stereotypical association would have it, the Irish have always been a musical race, then that association needs re-examination in the light of developments in relation to both cultural practice and political identity. This book contributes to that process through a series of related case studies that are both scholarly and accessible. Some of the principal ideas broached in the text include the (re-)establishment of music as a key object of Irish cultural studies; the theoretical limitations of traditional musicology; the development of new methodologies specifically designed to address the demands of Irish music in all its aspects; and the impact of economic austerity on musical negotiations of Irish identity. The book will be of seminal importance to all those interested in popular music, cultural studies and the wider fate of Ireland in the twenty-first century.




From Prosperity to Austerity


Book Description

This collection examines the Celtic Tiger, the Irish economic phenomenon and the subsequent financial disaster, from a socio-cultural perspective. Employing a wide range of cultural lenses, the book critiques the cultural, political and aesthetic implications of the progression from prosperity to austerity and the impact this has had on the psyche of Irish culture. An eclectic mix of theoretical approaches enables treatment of religion, literature, popular culture, photography, gastronomy, music, gender, immigration and film, as contributors assess how the Celtic Tiger was represented, or misrepresented, in these particular spheres of experience. This book will be of interest to academics and students who are interested in contemporary Ireland and recent Irish history, as well as to the general reader anxious to understand the effects of this period on the real lives of people as expressed through culture. It features contributions by internationally acknowledged experts in their fields and offers a comprehensive overview of the cultural consequences of the Celtic Tiger and its aftermath.




When the Luck of the Irish Ran Out


Book Description

Few countries have been as dramatically transformed in recent years as Ireland. Once a culturally repressed land shadowed by terrorism and on the brink of economic collapse, Ireland finally emerged in the late 1990s as the fastest-growing country in Europe, with the typical citizen enjoying a higher standard of living than the average Brit. Just a few years after celebrating their newly-won status among the world's richest societies, the Irish are now saddled with a wounded, shrinking economy, soaring unemployment, and ruined public finances. After so many centuries of impoverishment, how did the Irish finally get rich, and how did they then fritter away so much so quickly? Veteran journalist David J. Lynch offers an insightful, character-driven narrative of how the Irish boom came to be and how it went bust. He opens our eyes to a nation's downfall through the lived experience of individual citizens: the people responsible for the current crisis as well as the ordinary men and women enduring it.




A Rocky Road


Book Description

Most Irish historians agree that the southern Irish economy performed very badly between 1920 and the early 1960s. This volume critically compares new data for a fresh perspective. While providing a comprehensive narrative for a specialist audience, it also addresses those aspects of the record that are of interest to general readers. 25 illustrations.




The Glorious Heresies


Book Description

WINNER OF THE BAILEYS' WOMEN'S PRIZE FOR FICTION 2016 WINNER OF THE DESMOND ELLIOT PRIZE 2016 We all do stupid things when we're kids. Ryan Cusack's grown up faster than most - being the oldest of six with a dead mum and an alcoholic dad will do that for you. And nobody says Ryan's stupid. Not even behind his back. It's the people around him who are the problem. The gangland boss using his dad as a 'cleaner'. The neighbour who says she's trying to help but maybe wants something more than that. The prostitute searching for the man she never knew she'd miss until he disappeared without trace one night . . . The only one on Ryan's side is his girlfriend Karine. If he blows that, he's all alone. But the truth is, you don't know your own strength till you need it.