The globalisation of the world economy is one of the most important business and economic
phenomenon at the close of the 20 th century. The process has been driven by a wide range of
forces such as improvements in transport and communications and, most importantly, the
clear demonstration that openess to the international economy offers a route to economic
development while isolatio offers stagnation and decline. Ireland has also participated
enthusiastically in this process through the development of a modern trading industrial base.
The last years of the twentieth century have added an exceptional dimension to the transition
to a new millennium in Ireland. The economy of the Republic of Ireland has undergone a
singular transformation; it has surmounted crippling weaknesses to attract widespread recognition
for its impressive performance. No part of the island and no individual on it has been
wholly insulated from the effects of this turnaround.
Within the scope of our group presentation I´ve get very interested in this phenomenon of the
so called “Celtic Tiger”. In this termpaper I will try to explain what the “Celtic Tiger” is and
what makes him run. I will also try to describe its effects. Although the Celic Tiger has led to
an enormous growth, there is another side of the coin. Not every member of the Irish Republic
has profited by the changes in the country. There aren´t only winners. It´s my aim to show the
different sides of this economic boom of Ireland. I will analyse the advantages and highlights
but also the downside of the Celtic Tiger and at the end of the paper the main points will be
summarized in my conclusion.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Definition of the "Celtic Tiger"
- What makes the Celtic Tiger run? - Causes of the boom
- Tax rates and Foreign Direct Investments
- The effects of the Celtic Tiger - the animal also unsheathe it´s hurting claws...........
- Unemployment, poverty and living conditions .....
- Property market and inflation.
- Ireland, US investors, competitors and the EU.
- Strikes, working conditions and civil commodation .....
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This term paper aims to explain the phenomenon of the "Celtic Tiger" in Ireland, examining both the positive and negative effects of its rapid economic growth. The paper will explore the causes of the economic boom, specifically focusing on tax rates, foreign direct investments, and the role of European Union membership.
- The definition and origins of the "Celtic Tiger" economic boom in Ireland
- The factors contributing to Ireland's economic growth, including tax incentives and foreign direct investment
- The impact of the economic boom on various aspects of Irish society, including employment, poverty, and living conditions
- The challenges and downsides associated with the "Celtic Tiger," such as inflation and inequality
- The role of the European Union in Ireland's economic development
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: The paper introduces the concept of the "Celtic Tiger" and its significance in the context of Ireland's economic transformation. It outlines the paper's objective to analyze the causes and consequences of this economic boom.
- Definition of the "Celtic Tiger": This chapter provides a definition of the term "Celtic Tiger" and its origins, highlighting its comparison to the Asian "tiger economies." It emphasizes the rapid economic growth experienced by Ireland during the late 20th century.
- What makes the Celtic Tiger run? - Causes of the boom: This section explores the factors driving Ireland's economic boom. It discusses the importance of tax rates and foreign direct investments in attracting international businesses and capital. The chapter uses graphs to illustrate the competitive advantages Ireland offered in these areas.
Schlüsselwörter (Keywords)
The termpaper focuses on the "Celtic Tiger" phenomenon, analyzing Ireland's economic boom, its causes and effects. Key themes include: economic growth, foreign direct investment, tax rates, European Union membership, social partnership, unemployment, poverty, living conditions, inflation, and the impact on various aspects of Irish society.
- Quote paper
- Miriam Rinke (Author), 2002, The Celtic Tiger, Munich, GRIN Verlag, https://www.grin.com/document/15366
