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.

The questions surrounding how the Irish economy was brought to the brink - who was to blame, and who should pay for these mistakes - have been rightly debated at length. But beyond this very legitimate exercise, there are deeper questions that need to be answered. These questions relate to why we made the decisions we did, not just in the last ten years, but over the last eighty. How did certain industries become more prominent at the expense of others, banking as opposed to fisheries, international markets as opposed to indigenous industry and job creation? Are our problems structural in nature, and most importantly, what do we need to know to make sure that this crisis does not happen again? These are the questions set by this book. It will look at the development of the Irish economy over the past eight decades, and will argue that the 2008 financial crisis, up to and including the IMF bailout of 2010 and the subsequent change of government, cannot be explained simply by the moral failings of those in banking or property development alone. The problems are deeper, more intricate, and more dangerous if we remain unaware of them, but also potentially avoidable in the future if we break the cycle.

"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

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.

Technical changes in the first half of the nineteenth century led to unprecedented economic growth and capital formation throughout Western Europe; and yet Ireland hardly participated in this process at all. While the Northern Atlantic Economy prospered, the Great Irish Famine of 1845–50 killed a million and a half people and caused hundreds of thousands to flee the country. Why the Irish economy failed to grow, and ‘why Ireland starved’ remains an unresolved riddle of economic history. Professor Mokyr maintains that the ‘Hungry Forties’ were caused by the overall underdevelopment of the economy during the decades which preceded the famine. In Why Ireland Starved he tests various hypotheses that have been put forward to account for this backwardness. He dismisses widespread arguments that Irish poverty can be explained in terms of over-population, an evil land system or malicious exploitation by the British. Instead, he argues that the causes have to be sought in the low productivity of labor and the insufficient formation of physical capital – results of the peculiar political and social structure of Ireland, continuous conflicts between landlords and tenants, and the rigidity of Irish economic institutions. Mokyr’s methodology is rigorous and quantitative, in the tradition of the New Economic History. It sets out to test hypotheses about the causal connections between economic and non-economic phenomena. Irish history is often heavily coloured by political convictions: of Dutch-Jewish origin, trained in Israel and working in the United States. Mokyr brings to this controversial field not only wide research experience but also impartiality and scientific objectivity. The book is primarily aimed at numerate economic historians, historical demographers, economists specializing in agricultural economics and economic development and specialists in Irish and British nineteenth-century history. The text is, nonetheless, free of technical jargon, with the more complex material relegated to appendixes. Mokyr’s line of reasoning is transparent and has been easily accessible and useful to readers without graduate training in economic theory and econometrics since ists first publication in 1983.

Swiss citizens continue to enjoy high living standards on a range of dimensions. Economic growth has slowed but the healthy labour market is still supporting incomes and consumption. However, risks to the outlook are building. Monetary policy has been very accommodative but low interest rates are adding to financial risks. Fiscal policy is sound and debt low. There is scope to make greater use of available fiscal space. Adapting to population ageing is becoming pressing. This trend, along with digital transformation, will bring new opportunities for the economy and society, but challenges as well. Policies have not kept up with rising life expectancy, particularly the statutory retirement age. Updating the pension system and lowering barriers to working longer would ensure that workers continue to receive adequate incomes during retirement. Ageing will also pressure health care spending and increase demand for long-term care. Policies to contain costs and reduce fragmentation in the system can help maintain access to quality care. Switzerland is well placed to seize the opportunities offered by new technologies. Addressing the barriers to adoption, improving the availability of information and helping workers adapt will enable firms, individuals and governments to reap the benefits of digitalisation. SPECIAL FEATURE: POLICIES FOR AN AGEING SOCIETY

For a country that can boast a distinguished tradition of political economy from Sir William Petty through Swift, Berkeley, Hutcheson, Burke and Cantillon through to that of Longfield, Cairnes, Bastable, Edgeworth, Geary and Gorman, it is surprising that no systematic study of Irish political economy has been undertaken. In this book the contributors redress this glaring omission in the history of political economy, for the first time providing an overview of developments in Irish political economy from the seventeenth to the twentieth century. Logistically this is achieved through the provision of individual contributions from a group of recognized experts, both Irish and international, who address the contribution of major historical figures in Irish political economy along the analysis of major thematic issues, schools of thought and major policy debates within the Irish context over this extended period.

This book traces the evolution of the Irish economy since independence looking at how the state sought to shape, regulate and deregulate economic activity to deal with the challenges posed by the wider international environment.

The Economy of Ireland (14th edition) takes a holistic examination of the Irish Economy in light of events including the Celtic Tiger boom, recession, recovery and a global pandemic. The textbook considers the evolution of the Irish economy over time; the policy priorities for a small regional economy in the eurozone; the role of the state in policy making; taxation and regulatory policy; and the challenge of sustainable development. This provides a framework for analysing policy issues at a national level, including the Irish labour market and migration, inequality and poverty, and the care economy. The book then considers issues at a sectoral level, from agriculture and trade to the education and health sectors. Packed with the latest available data, contemporary examples and analysis of topical issues, this is an ideal text for students studying modules on Irish Economics.