This article reviews the transformation of the Irish economy since the early 1980s. Credit for the initial stabilisation of the economy is given to the shock therapy of cutting expenditure, favourable exchange rate and other external developments. Possible explanations of the higer rate of...

For many decades Ireland's output per capita ranked about twenty-fourth among the world's industrial nations. Suddenly, in the mid-1990's Ireland started to move up, from twenty-second in 1993 to eighteenth in 1997 and an amazing ninth in 1999. The many facets of Irish success over these years,...

The success of the Irish economy over the last decade has rightly attracted enormous attention from both domestic and international commentators. The remarkable phase of high economic growth rates throughout the 1990s and into the new century has led to the Irish economy being dubbed the...

In exploring the medium-term prospects for the Irish economy, this article argues that a pessimistic scenario, in which the rapid growth of recent years inevitably ends in a crash, is not plausible. But neither is it realistic to expect a continuation of "Celtic Tiger" growth rates. Under Irish...

Focuses on the growth of Ireland's economy in the 1990s. Comparison of its annual rate of output growth to that of the European Union since 1993; Implications of Ireland's rising employment to population ratio; Factors that have contributed to its economic success; Contributions of foreign firms to...