The Impact of the Crisis on the Irish Political System
AbstractThe international financial crisis manifests itself in Ireland not only as a crisis of the banking system, but also as a major fiscal crisis, aggravated by years of soft revenue policy and a housing bubble that has burst spectacularly. The severe drop in economic output results in a crisis of employment and a definitive end to the ‘Celtic Tiger’ era of rapid growth and near-full employment. Although the political system has proven resilient thus far, with membership of the Euro preventing the catastrophic political crises that affected Latvia and Iceland, for example, the crisis has revealed significant weaknesses in political system. This paper considers institutional shortcomings in three arenas through which policies to deal with the crisis must be managed: the parliamentary system, the public administration, and social partnership structures.
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Bibliographic InfoPaper provided by Geary Institute, University College Dublin in its series Working Papers with number 200932.
Length: 38 pages
Date of creation: 16 Nov 2009
Date of revision:
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-11-27 (All new papers)
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