This book examines Irish economic development in the twentieth century compared with other European countries. It traces the growth of the Republic's economy from its separation from Britain in the early 1920s through to the present. It assesses the factors which encouraged and inhibited economic development, and concludes with an appraisal of the country's present state and future prospects.

An essential book for students of economics as well as economists and policymakers. The twelfth edition of this enduring and popular book surveys all major changes in the Irish economy in the past fifteen years, with particular emphasis on the last five years. In this new edition, the authors examine: - The broad historical context to a study of the Irish economy. - Ireland's hard landing, recovery and prospects for economic growth and employment in the years ahead. - The changing role of the state in policy making and the increasing importance of euro-zone governance and institutions, especially in the monetary area. - Taxation in all its dimensions, including the issue of national debt. - The importance of competitiveness as a major policy objective. - The changing emphasis on quality-of-life indicators and distribution as objectives of policy. - The role of regulation in various areas of the economy and society. - Energy and the environment, in particular the issue of security of supply. - Employment, unemployment and migration challenges facing Ireland. - Evidence on and policy issues relating to income and wealth. - The internationally traded sectors of manufacturing and services. - The importance of the health and education sectors, the rationale for state intervention and measures of effectiveness. - The importance of the agri-food sector in terms of production, distribution, and food safety.Through twelve editions, The Economy of Ireland holds an integral place in the literature on Ireland's economy.

This book offers a discerning narrative on the spectacular rise and fall of the so-called Celtic Tiger economy. It depicts Ireland as a micro-state with a unique reliance on foreign-assisted businesses, driven in part by a favourable taxation regime. It shows that rent-seeking by trades unions and property developers contributed to the fall since 2002. Although the country’s highly centralized government’s pre-disposition to lobbying has yielded international successes, it has also resulted in recurring self-inflicted crises since 1970. This volume shows how Ireland’s export-led growth is associated more with the attraction of foreign-assisted businesses than with the development of critical masses of internationally competitive indigenous businesses. Although the success of foreign-assisted businesses in the pharmaceutical, ICT and finance sectors has been influenced by tax advantages, many of these businesses have been involved in highly productive activity in Ireland over a number of decades. The problem of rent-seeking is shown to have undermined Irish competitiveness in the internationally traded and sheltered sectors. The Irish policy mind-set is shown to lean towards distribution rather than growth. While this has been advantageous for how ‘Ireland Inc.’ interacts with other governments and international businesses, it has also resulted in a failure to resist the destructive effects of capture by lobbies. In conclusion, this book considers future opportunities offered by the EU’s smart-specialization policy and future threats from increased international tax competition. It argues that unless Irish citizens and policymakers change deep-seated attitudes and mind-sets towards business development, the country’s performance for the next number of decades will more likely resemble serial under-achievement than that of a high-performing EU state.

Focuses on economic growth and development in Ireland from the 17th century to the 1980s in comparison with five European countries.

Most Irish historians agree that the southern Irish economy performed very badly between 1920 and the early 1960s. This volume critically compares new data for a fresh perspective. While providing a comprehensive narrative for a specialist audience, it also addresses those aspects of the record that are of interest to general readers. 25 illustrations.

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"The roots of many problems facing Ireland's economy today can be traced to the first two decades following its independence. Opening previously unexplored areas of Irish history, this is the first comprehensive study of industrial development and attitudes coward industrialization during a pivotal period, from the founding of the Irish Free State to the Anglo-Irish Trade Treaty." "As one of the first postcolonial states of the 20th century, Ireland experienced strong tensions between the independence movement and the considerable institutional and economic inertia from the past. Daly explores these tensions and how Irish nationalism, Catholicism, and British political traditions influenced economic development. She thus sheds light on the evolution of economic and social attitudes in the newly independent state." "Drawing on a wide array of primary sources not yet generally accessible, Daly examines such topics as Irish economic thinking before independence; the conservative policies of W. T. Cosgrave's government in the first five years after independence; the growing division between the two major political parties over economic policy; Fianna Fail's controversial attempts to develop an independent - and nationalistic - economic policy; the largely unsuccessful attempt to develop native industries; the development of financial institutions; the political and social implications of economic change; the Anglo-Irish Trade Agreement of 1938; and comparisons with other economically emerging nations."--BOOK JACKET.Title Summary field provided by Blackwell North America, Inc. All Rights Reserved