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Celtic tiger and celtic cat

In: Investigaciones de Economía de la Educación 6

Author

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  • Alejandro M. Fernández Castro

    (CESUGA - University College Dublin)

Abstract

In the last few years many studies have been carried out on the Celtic Tiger miracle, i.e., on the spectacular economic growth Ireland experienced between 1995 and 2007. All the studies agree on the key factors that explain this progress, including the commitment to specialized training designed to guarantee the competitivess of its companies on an international level, in particular in the technology, chemical/pharmaceutical and food and agricultural sectors. Given the limitations of its domestic market, all entrepreneurial initiatives linked to these areas have targeted export markets, and these efforts have received government support and been reinforced by a close collaboration between universities and the business world. Within this context, business schools have played a crucial role given their close ties to business, not only as far as supplying skilled labour, but also by providing business advice as well as a space that serves as a meeting point for entrepreneurs. This situation has fostered the development of a modern, dynamic and, above all, enterprising entrepreneurial culture. The close links between Ireland and Galicia are due to geographical, historical and cultural factors; however, this is not the case in terms of their evolution over the last few decades. This paper aims to contribute to a better understanding of the Celtic Tiger miracle through a study of Irish business schools that analyses their efficiency and compares this to that of their counterparts in Galicia during the 1997-2002 period in order to determine if, as in the case of their economies, there are any significant competitive differences.

Suggested Citation

  • Alejandro M. Fernández Castro, 2011. "Celtic tiger and celtic cat," Investigaciones de Economía de la Educación volume 6, in: Antonio Caparrós Ruiz (ed.), Investigaciones de Economía de la Educación 6, edition 1, volume 6, chapter 61, pages 1002-1010, Asociación de Economía de la Educación.
  • Handle: RePEc:aec:ieed06:06-61
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    References listed on IDEAS

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    1. Gordon C. Winston, 1999. "Subsidies, Hierarchy and Peers: The Awkward Economics of Higher Education," Journal of Economic Perspectives, American Economic Association, vol. 13(1), pages 13-36, Winter.
    2. Egon P. Franck & Bruno Schönfelder, 2000. "On The Role Of Competition In Higher Education – Uses And Abuses Of The Economic Metaphor," Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 52(3), pages 214-237, July.
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    More about this item

    Keywords

    higher education; efficiency; wastage;
    All these keywords.

    JEL classification:

    • I - Health, Education, and Welfare

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