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Irish Perceptions of the Great Depression

Author

Listed:
  • Frank Barry and Mary E. Daly

    (Institute for International Integration Studies, Trinity College Dublin)

  • Mary E. Daly

    (University College Dublin)

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.

Suggested Citation

  • Frank Barry and Mary E. Daly & Mary E. Daly, 2011. "Irish Perceptions of the Great Depression," The Institute for International Integration Studies Discussion Paper Series iiisdp349, IIIS.
    • Handle: RePEc:iis:dispap:iiisdp349
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    References listed on IDEAS

    as
    1. Eichengreen, Barry, 1996. "Golden Fetters: The Gold Standard and the Great Depression, 1919-1939," OUP Catalogue, Oxford University Press, number 9780195101133.
    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(2), pages 357-366, June.
    3. Prados de la Escosura, Leandro, 2000. "International Comparisons of Real Product, 1820-1990: An Alternative Data Set," Explorations in Economic History, Elsevier, vol. 37(1), pages 1-41, January.
    4. O'Rourke, K., 1990. "The Costs Of International Economic Disintegration: Ireland In The 1930'S," Papers fb-_90-16, Columbia - Graduate School of Business.
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    Keywords

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    JEL classification:

    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
    • N14 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Europe: 1913-
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-

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