The role of tax policy in Ireland's economic renaissance
AbstractThis paper analyzes the role of tax policy in the transformation of the Irish economy from the 1980s to the 1990s. Details are provided of the marked underperformance of the economy in the 1980s, evidenced by rising unemployment, falling employment, stagnant living standards, and a looming fiscal crisis. The correction of the fiscal imbalances in the late 1980s was followed by a remarkable transformation of the economy. In the 1990s, the Irish economy led Europe in terms of employment creation, unemployment reduction, and improved living standards. The increasing ratio of debt to gross domestic product was reversed, and Ireland easily qualified to adopt the European common currency in 1999.
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Bibliographic InfoPaper provided by University College Dublin in its series Open Access publications from University College Dublin with number urn:hdl:10197/1582.
Date of creation: 2000
Date of revision:
Publication status: Published in Canadian Tax Journal (2000) v.48, p.658-673
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Web page: http://www.ucd.ie
Fiscal policy--Ireland; Ireland--Economic conditions--20th century; Taxation--Ireland;
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Open Access publications from University College Dublin
urn:hdl:10197/434, University College Dublin.
- Eoin O'Malley, 2012. "A Survey of Explanations for the Celtic Tiger Boom," The Institute for International Integration Studies Discussion Paper Series iiisdp417, IIIS.
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