The Celtic Tiger’s lessons on economic and political development
AbstractIreland’s remarkable economic growth during the last decades, following its successful peace treaties, has caught the attention of countries with ongoing internal conflicts, such as Colombia. The Irish case’s analysis must enable the extraction of valuable lessons regarding how –apart from solving the internal conflict– to define and execute the national development strategies. Ireland’s case illustrates how an excessive dependence on exports as well as an inadequate management of public finances can lead to crises that cast a shadow on other accomplishments. The highlight of this case study is realizing that by having the different economic agents and stakeholders –Academia, Government, Corporate– working together in a coordinate fashion a thorough economic transformation can be achieved, and that privileging social and education policies assures economic profit and growth.
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Bibliographic InfoArticle provided by Instituto de Investigaciones Económicas y Sociales (IIES). Facultad de Ciencias Económicas y Sociales. Universidad de Los Andes. Mérida, Venezuela in its journal Economía.
Volume (Year): 35 (2010)
Issue (Month): 29 (January-june)
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Postal: Facultad de Ciencias Económicas y Sociales. Instituto de Investigaciones Económicas y Sociales. Campus Universitario Liria, Edificio G, Tercer Nivel. Mérida 5101, Estado Mérida, Venezuela
Phone: +58 74 401111 ext. 1081
Fax: +58 74 401120
Web page: http://iies.faces.ula.ve/
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End of the Conflict; education; Direct Foreign Investment (IED); growth strategies; economic development.;
Find related papers by JEL classification:
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
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