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The Fall of the Celtic Tiger: Ireland and the Euro Debt Crisis

Donal Donovan, Antoin E. Murphy




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 | #1680051 in eBooks |  2013-06-06 |  2013-06-06 | File type: PDF

||2 of 2 people found the following review helpful.| Very informative.|By Customer|This book gives a great overview of the economic situation in Ireland. A must-read for anyone interested in economics, sociology and politics!|1 of 1 people found the following review helpful.| A serious and objective study of the Irish economic crisis.|By Nandt1|As an Irish economist who had work| ||"An excellent guide to the demise of the Celtic Tiger." --The Financial Times |||"A fascinating book...an accessible, balanced and independent analysis." --Sunday Business Post |||"Required reading." --Irish Independent |||"Donovan

By 2000, Ireland had achieved a remarkable macroeconomic performance: 10% economic growth annually, a budget surplus, and a very low debt to GDP ratio. Emigration had disappeared and there was significant immigration from Eastern Europe. Yet, by November 2010, output had collapsed to an extent unprecedented among post war industrial countries, the budget deficit was out of control, and the debt to GDP ratio had soared to around 100%. In an unprecedented development,

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