Irish Perceptions of the Great Depression

Frank Barry () and Mary E. Daly ()
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Frank Barry: Institute for International Integration Studies, Trinity College Dublin
Mary E. Daly: University College Dublin

The Institute for International Integration Studies Discussion Paper Series from IIIS

Abstract: This paper traces how the Great Depression was perceived in 1930s Ireland. Perceptions were complicated by internal political developments. Fianna Fáil, upon acceding to power in 1932, rapidly expanded protection and engaged in (near balanced budget) fiscal expansion. Despite the tariff war with Britain triggered by the land annuities dispute, Ireland appears to have weathered the storm better than most other European economies. The contemporary writings of academic economists reflected the influence of Lionel Robbins and the Austrian School, while – to paraphrase Ronan Fanning – the winds of change in Irish economics blew much more vigorously in the corridors of the public service.

Keywords: Great Depression; Ireland; Irish Economic Thought; Irish Economic Policy (search for similar items in EconPapers)
JEL-codes: B22 N14 N74 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2011-01
New Economics Papers: this item is included in nep-his and nep-hpe
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Forthcoming book chapter

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Persistent link: https://EconPapers.repec.org/RePEc:iis:dispap:iiisdp349

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