This paper describes the cost to the Irish state of its bailout of the Irish Bank Resolution Corporation (IBRC). The paper discusses the IBRC’s balance sheet, its ELA debts to the Central Bank of Ireland and the promissory notes provided to it by the Irish government to pay off its...

This paper provides a selective review of Ireland’s economic performance of the last 20 years, from the early days of the Celtic Tiger, through to the housing boom and the recent slump, and then attempts to draw a few lessons from the period. The paper argues, based on a range of observations,...

One of the most important debates in Irish economic history has concerned the long-run effects of the Great Irish Famine, with some arguing that it had only temporary effects on the economy and others seeing it as a major demographic and economic watershed. This paper adapts the theoretical...