The Irish Economy: Three Strikes and You’re Out?

Constantin Gurdgiev, Brian Lucey, Ciarán Mac an Bhaird and Lorcan Roche-Kelly ()

Panoeconomicus, 2011, vol. 58, issue 1, 19-41

Abstract: We examine the three interlinked Irish crises : the competitiveness, fiscal and banking crises, showing how all three combined to lay a lethal trap for Ireland. Starting from a point of economic balance, a series of poor government decisions led to the country once dubbed the “Celtic tiger” become the second eurozone state after Greece to seek a bailout, with the EFSF/IMF intervening in late 2010. Key words: Debt, Banking, Bond yields.JEL: F34, G15, G20, E60.

Keywords: Debt; Banking; Bond yields (search for similar items in EconPapers)
Date: 2011
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