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• W1508541449 abstract "In this paper, I provide a selective review of Ireland’s economic perfo rmance of the last 20 years, from the early days of the Celtic Tiger, through to the housing boom and the recent slump, and then attempt to draw a few lessons from the period. I argue, based on a range of observations, that a substantial slowdown was looming for Ireland by 2007, independent of what was going to happen in the global economy, and much of this evidence was ignored in the implementation of economic policy. The result was a range of policies based on an unwarranted over-optimism which left Ireland terribly exposed to the international downturn. Policy fa ilures in the fiscal and banking are are discussed, as well as some common criticisms of policy that have less justification." @default.
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• W1508541449 date "2009-10-01" @default.
• W1508541449 modified "2023-09-26" @default.
• W1508541449 title "Policy lessons from Ireland’s latest depression" @default.
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