1. Reasons behind the Irish Celtic Tiger
... 1950 income level might be expected to grow. This, and signs that the economy is now returning to more modest growth rates, suggest that the Celtic Tiger was making up for lost ground. There is general agreement both on the list of factors that contributed to growth and on the fact that they fed on each other "in a process of ... expansionary fiscal contraction. Unquestionably without the dramatic, unequally-borne fiscal corrections of the 1982-7 period, DFI would have gone elsewhere and the Tiger would not have roared. However, had the economy not almost self-destructed from the late 197...
- Word Count: 1917
- Approx Pages: 8
- Grade Level: Undergraduate