This book provides a cogent summary of the economic history of the
Irish Free State/Republic of Ireland. It takes the Irish story from
the 1920s right through to the present, providing an excellent case
study of one of many European states which obtained independence
during and after the First World War. The book covers the
transition to protectionism and import substitution between the
1930s and the 1950s and the second major transition to trade
liberalisation from the 1960s. In a wider European context, the
Irish experience since EEC entry in 1973 was the most extreme
European example of the achievement of industrialisation through
foreign direct investment. The eager adoption of successive
governments in recent decades of a neo-liberal economic model, more
particularly de-regulation in banking and construction, has
recently led the Republic of Ireland to the most extreme economic
crash of any western society since the Great Depression.
General
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