IDEAS home Printed from https://ideas.repec.org/p/unu/wpaper/rp2009-24.html
   My bibliography  Save this paper

Developing Ireland: Committing to Economic Openness and Building Domestic Institutional Capabilities

Author

Listed:
  • Paul Teague

Abstract

This paper sets out to explain the factors behind Ireland's exceptional period of economic growth from the early 1990s to the mid 2000s. It suggests that an unbending commitment to economic openness and an on-going effort to establish quality domestic institutions were the main drivers of the so-called 'Celtic tiger' phenomenon. The commitment to economic openness manifested itself in the relentless search for inward investment and a willingness to accept deep forms of European integration.

Suggested Citation

  • Paul Teague, 2009. "Developing Ireland: Committing to Economic Openness and Building Domestic Institutional Capabilities," WIDER Working Paper Series RP2009-24, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:rp2009-24
    as

    Download full text from publisher

    File URL: https://www.wider.unu.edu/sites/default/files/RP2009-24.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. John Fitz Gerald, 2006. "Lessons from 20 Years of Cohesion," Chapters, in: Susanne Mundschenk & Michael H. Stierle & Ulrike Stierle-von Schütz & Iulia Traistaru-Siedschlag (ed.), Competitiveness and Growth in Europe, chapter 4, Edward Elgar Publishing.
    2. Peter J. Buckley & Frances Ruane, 2010. "Foreign Direct Investment in Ireland: Policy Implications for Emerging Economies," Palgrave Macmillan Books, in: Foreign Direct Investment, China and the World Economy, chapter 16, pages 365-385, Palgrave Macmillan.
    3. Patrick Honohan & Brendan Walsh, 2002. "Catching Up with the Leaders: The Irish Hare," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 33(1), pages 1-78.
    4. Mikael Lindahl & Alan B. Krueger, 2001. "Education for Growth: Why and for Whom?," Journal of Economic Literature, American Economic Association, vol. 39(4), pages 1101-1136, December.
    5. Chang, Ha-Joon & Rowthorn, Robert (ed.), 1995. "The Role of the State in Economic Change," OUP Catalogue, Oxford University Press, number 9780198289845.
    6. Dani Rodrik, 2008. "Second-Best Institutions," American Economic Review, American Economic Association, vol. 98(2), pages 100-104, May.
    7. Ruane, Frances & Görg, Holger, 1997. "The Impact of Foreign Direct Investment on Sectoral Adjustment in the Irish Economy," National Institute Economic Review, National Institute of Economic and Social Research, vol. 160, pages 76-86, April.
    8. John FitzGerald, 1998. "An Irish Perspective on the Structural Funds," Papers WP094, Economic and Social Research Institute (ESRI).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. David Bailey & Helena Lenihan & Alex De Ruyter, 2016. "A cautionary tale of two ‘tigers’: Industrial policy ‘lessons’ from Ireland and Hungary?," Local Economy, London South Bank University, vol. 31(8), pages 873-891, December.
    2. Ronald Findlay, 2010. "Country Role Models: Synthesis of Ireland, Japan and Switzerland," WIDER Working Paper Series wp-2010-089, World Institute for Development Economic Research (UNU-WIDER).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. John Fitz Gerald, 2006. "Lessons from 20 Years of Cohesion," Chapters, in: Susanne Mundschenk & Michael H. Stierle & Ulrike Stierle-von Schütz & Iulia Traistaru-Siedschlag (ed.), Competitiveness and Growth in Europe, chapter 4, Edward Elgar Publishing.
    2. Patrick Honohan & Anthony J. Leddin, 2006. "Ireland in EMU - More Shocks, Less Insulation?," The Economic and Social Review, Economic and Social Studies, vol. 37(2), pages 263-294.
    3. Kate Hynes & Yum K. Kwan & Anthony Foley, 2017. "Local linkages: The interdependence of foreign and domestic firms," Working Papers 201712, School of Economics, University College Dublin.
    4. David Bailey & Helena Lenihan & Ajit Singh, 2008. "Tiger, Tiger, Burning Bright? Industrial Policy Lessons from Ireland and East Asia for Small African Economies," Working Papers wp374, Centre for Business Research, University of Cambridge.
    5. Barry, Frank, 2005. "Future Irish Growth: Opportunities, Catalysts, Constraints," Quarterly Economic Commentary: Special Articles, Economic and Social Research Institute (ESRI), vol. 2005(4-Winter), pages 1-25.
    6. World Bank, 2009. "Macedonia - Moving to Faster and More Inclusive Growth A Country Economic Memorandum : Main Report and Annex," World Bank Publications - Reports 3067, The World Bank Group.
    7. Eoin O'Malley, 2012. "A Survey of Explanations for the Celtic Tiger Boom," The Institute for International Integration Studies Discussion Paper Series iiisdp417, IIIS.
    8. Daniel Ştefan Armeanu & Georgeta Vintilă & Ştefan Cristian Gherghina, 2017. "Empirical Study towards the Drivers of Sustainable Economic Growth in EU-28 Countries," Sustainability, MDPI, vol. 10(1), pages 1-22, December.
    9. Kristinn Hermannsson & Patrizio Lecca, 2016. "Human Capital in Economic Development: From Labour Productivity to Macroeconomic Impact," Economic Papers, The Economic Society of Australia, vol. 35(1), pages 24-36, March.
    10. Prakarsh Singh & Olga N. Shemyakina, 2013. "Gender-Differential Effects of Conflict on Education: The Case of the 1981-1993 Punjab Insurgency," HiCN Working Papers 143, Households in Conflict Network.
    11. Kemptner, Daniel & Tolan, Songül, 2018. "The role of time preferences in educational decision making," Economics of Education Review, Elsevier, vol. 67(C), pages 25-39.
    12. Siemiński, Paweł & Hadyński, Jakub & Poczta, Walenty, 2020. "Diversification Of Human Capital Resources In Rural And Urban Areas In Poland," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2020(1).
    13. de la Croix, David & Gosseries, Axel, 2012. "The natalist bias of pollution control," Journal of Environmental Economics and Management, Elsevier, vol. 63(2), pages 271-287.
    14. Władysław Welfe, 2008. "A Knowledge-Based Economy: New Directions of Macromodelling," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 14(2), pages 167-180, May.
    15. Marelli Enrico & Sciulli Dario & Signorelli Marcello, 2014. "Skill mismatch of graduates in a local labour market," Экономика региона, CyberLeninka;Федеральное государственное бюджетное учреждение науки «Институт экономики Уральского отделения Российской академии наук», issue 2, pages 181-194.
    16. Menna, Khaled & Mehibel, Samer, 2018. "Les pays de l’Afrique du Nord et les IDE face à la problématique de l’attractivité [North African countries and FDI facing the issue of attractiveness]," MPRA Paper 85559, University Library of Munich, Germany.
    17. Kristof Dascher, 2015. "Foreign Direct Investment into Open and Closed Cities," Scottish Journal of Political Economy, Scottish Economic Society, vol. 62(2), pages 191-210, May.
    18. Alan B. Krueger, 2002. "Inequality, Too Much of a Good Thing," Working Papers 845, Princeton University, Department of Economics, Industrial Relations Section..
    19. Naima Chrid & Sami Saafi & Mohamed Chakroun, 2021. "Export Upgrading and Economic Growth: a Panel Cointegration and Causality Analysis," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(2), pages 811-841, June.
    20. Jørn Rattsø & Hildegunn E. Stokke, 2011. "Accumulation of education and regional income growth: Limited human capital effects in Norway," Working Paper Series 11211, Department of Economics, Norwegian University of Science and Technology.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:unu:wpaper:rp2009-24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Siméon Rapin (email available below). General contact details of provider: https://edirc.repec.org/data/widerfi.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.