1. Reasons behind the Irish Celtic Tiger
... Ireland remained top of the OECD growth league and had the largest current account surplus in the world. Since 1994, the unofficial birth date of the "Celtic Tiger,"" growth has proceeded at a historically unprecedented 8.6 per cent per year. "An amazing turnaround- was the baffled verdict of the OECD in its 1999 ... 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 fa...
- Word Count: 1917
- Approx Pages: 8
- Grade Level: Undergraduate