1. Reasons behind the Irish Celtic Tiger
The fact that we were bottom of the growth league in comparison with our neighbours suggests under-achievement in this interlude. ... This, and signs that the economy is now returning to more modest growth rates, suggest that the Celtic Tiger was making up for lost ground. ... It bears noting, however, that public policy has led to Ireland being one of the only countries in the OECD in which manufacturing's share in output has continued to rise, while it has fallen throughout Europe in recent decades. ... In other words fiscal stabilization was about making up lost ground, not achiev...
- Word Count: 1917
- Approx Pages: 8
- Grade Level: Undergraduate