Policy Failures and the Irish Economic Crisis

ISBN-13: 9783030079543 / Angielski / Miękka / 2019 / 258 str.

Ciaran Michael Casey

Spis treści

Chapter 1: Introduction

Chapter 2:  An Irish Depression

1.  What Happened to Ireland?

i) The Credit Boom

ii) The Property and Construction Boom

iii) Fiscal Policy

iv) Competitiveness

2.  International Context and EMU

3.  The Banking and Wright Reports

4.  Theoretical and Ideological Explanations

5.  The History of Asset Bubbles and Financial Crises

6.  Behavioural Explanations

7.  Political and Institutional Explanations

i) Banking and Bank Regulation

ii) Politics and Fiscal Policy

8.  Prediction

Conclusion

Chapter 3: International Organisations

Introduction

1.  Competitiveness

2.  Property and Construction

3.  The Financial Sector

4.  Fiscal Policy

Conclusion

Chapter 4:  Domestic Organisations

Introduction

1. Property and Construction

2. Fiscal Policy

3. Competitiveness

4. The Financial Sector

Conclusion

Chapter 5:  Academia

Introduction

1.  Institutional Context

2.  Origins and Interpretations of the Celtic Tiger

3.  Competitiveness and Fiscal Policy

4.  Property and Construction

5.  Finance

6.  Predictions

Conclusion

Chapter 6: The Newspapers

Introduction

1. The Propaganda Model and the Mercille Application

2.  Experts

3.  Property and Construction

i) The Irish Times

ii) The Irish Independent

iii) David McWilliams

iv) ‘The Ireland that We Dreamed Of’

v) The Economist

vi) Nominal Price Falls, Advice to Individuals,

and Internal Expertise

4.  The Financial Sector

5.  Competitiveness and Inflation

6.  Fiscal Policy

Conclusion

Chapter 7: Politics

1.  Irish Politics in the 21st Century

2.  Fianna Fáil and the PDs

3.  Inflation and Fiscal Policy

4.  Property and Construction

5.  Intergenerational Aspects and the Kenny Report

6.  The Financial Sector

Conclusion

Chapter 8: Conclusion

O autorze

Ciarán Casey is a specialist in modern Irish history and political economy.  He has previously worked as a researcher in both the International Development and technology sectors.

Blurb

This book seeks to understand why almost all commentators on the Irish economy were unprepared for the scale of the recent economic crisis. It analyses the public contributions from a broad range of observers, including domestic and international agencies, academics, the newspapers and politicians. This approach gives new insights into the analytical and institutional shortfalls that inhibited observers from recognising the degree of the risk. The book demonstrates that most commentators were either impeded in what they could say, or else lacked the expertise to challenge the prevailing view. The findings have significant implications for a broad range of institutions, particularly the media and the Oireachtas (the Irish Parliament).

Ciarán Casey is a specialist in modern Irish history and political economy.  He has previously worked as a researcher in both the International Development and technology sectors.