The fall of the Celtic Tiger : Ireland and the Euro debt crisis / Donal Donovan and Antoin E. Murphy. - 1st. ed. - Oxford : Oxford University Press, 2013. - xx, 318 p. ; 24 cm.

Includes bibliographical references and index.

Preface -- Introduction -- PART I: BACKGROUND -- 1. The Rise of the Celtic Tiger PART II: THE LURE OF FREE MARKETS -- 2. Ideology and Financial Innovation -- 3. Asset Bubbles and Financial Crises -- PART III: THE BUILD UP TO THE IRISH CRISIS -- 4. The Banks and the Property Bubble -- 5. The Failure of Irish and European Regulation -- 6. The Makings of the Fiscal Crisis -- 7. The Climate of Public Opinion: Politicians, Economists, and the Media -- PART IV: THE CRASH -- The Storm Clouds Gather -- 9. The Bank Guarantee of End: September 2008 -- 10. From the Guarantee to the Bail Out -- PART V: AFTER THE CRASH -- 11. What of the Future? -- 12. Conclusions.

Examines how the Celtic Tiger, an economy that was hailed as one of the most successful in history, fell into a macroeconomic abyss necessitating an unheard of bail-out. It covers property market bubbles, regulatory incompetency, and disastrous economic policies. A highly readable account of the unprecedented near collapse of the Irish economy.

9780199663958 0199663955


Debts, Public--Ireland.
Financial crises--Ireland--21st century.
Financial crises--European Union countries.


Ireland--Economic conditions--21st century.

330.941 DON