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Irish Perceptions of the Great Depression

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  • Frank Barry and Mary E. Daly

    ()
    (Institute for International Integration Studies, Trinity College Dublin)

  • Mary E. Daly

    ()
    (University College Dublin)

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    Abstract

    This paper traces how the Great Depression was perceived in 1930s Ireland. Perceptions were complicated by internal political developments. Fianna Fáil, upon acceding to power in 1932, rapidly expanded protection and engaged in (near balanced budget) fiscal expansion. Despite the tariff war with Britain triggered by the land annuities dispute, Ireland appears to have weathered the storm better than most other European economies. The contemporary writings of academic economists reflected the influence of Lionel Robbins and the Austrian School, while – to paraphrase Ronan Fanning – the winds of change in Irish economics blew much more vigorously in the corridors of the public service.

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    Bibliographic Info

    Paper provided by IIIS in its series The Institute for International Integration Studies Discussion Paper Series with number iiisdp349.

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    Length: 18 pages
    Date of creation: Jan 2011
    Date of revision:
    Publication status: forthcoming book chapter
    Handle: RePEc:iis:dispap:iiisdp349

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    Keywords: Great Depression; Ireland; Irish Economic Thought; Irish Economic Policy;

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    1. O'Rourke, K., 1990. "The Costs Of International Economic Disintegration: Ireland In The 1930'S," Papers fb-_90-16, Columbia - Graduate School of Business.
    2. O'Rourke, Kevin, 1991. "Burn Everything British but their Coal: the Anglo-Irish Economic War of the 1930s," The Journal of Economic History, Cambridge University Press, vol. 51(02), pages 357-366, June.
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