Developing Ireland: Committing to Economic Openness and Building Domestic Institutional Capabilities

Paul Teague

No RP2009-24, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: This paper sets out to explain the factors behind Ireland's exceptional period of economic growth from the early 1990s to the mid 2000s. It suggests that an unbending commitment to economic openness and an on-going effort to establish quality domestic institutions were the main drivers of the so-called 'Celtic tiger' phenomenon. The commitment to economic openness manifested itself in the relentless search for inward investment and a willingness to accept deep forms of European integration.

Keywords: Economic development; Economic integration; Economic policy; International business enterprises; Investments (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:unu:wpaper:rp2009-24

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