Suiting Ourselves’—Banks and Government Discord amid Ireland’s ‘Lost Decade

Emmet Oliver ()

Chapter Chapter 4 in Irish Nation Building, 2025, pp 95-147 from Palgrave Macmillan

Abstract: Abstract In the 1950s Ireland suffered a severe capital scarcityCapital scarcity crisis which created a range of political, economic and financial tensions. The years 1955 and 1956 saw relations between Ireland’s ‘Victorian style’ cartelised banks and the state degenerate sharply over two connected issues: interest rate policies and general access by the government to borrowing controlled by the country’s banks.

Keywords: Competition; Lending; Accommodation; Credit; Cheap Money; Borrowing; Rediscounting (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-031-84931-2_4

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DOI: 10.1007/978-3-031-84931-2_4

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