Understanding Ireland's Economic Crisis and Its Aftermath
6 Pages Posted: 23 Nov 2016
Date Written: October 23, 2016
Abstract
This policy brief analyses Ireland's economic recovery and concludes that the narrative about fiscal austerity and internal devaluation producing an Irish growth miracle is simplistic and misleading. The author proves that the Irish economy's strong growth performance since mid-2014 can be attributed to a confluence of internal and external factors that have cumulatively added strong tailwinds to growth.
Keywords: economic recession; economic recovery; economic indicator; monetary policy; devaluation; employment; wages; trade; price; Ireland
Suggested Citation: Suggested Citation
McDonnell, Tom, Understanding Ireland's Economic Crisis and Its Aftermath (October 23, 2016). ETUI Research Paper - Policy Brief 6/2016, Available at SSRN: https://ssrn.com/abstract=2874806 or http://dx.doi.org/10.2139/ssrn.2874806
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