Presenter Information

Robin Elledge, University of Wyoming

Department

Department of Economics & Finance

First Advisor

Thorsten Janus

Description

In 2007 Ireland was a huge economic success, as the fastest growing country in Europe it was often referred to as the Celtic Tiger. Less than two years later, as a result of its rapidly declining economy, Ireland was relabeled as one of the GIPSI countries. Now, with the worst of the 2008-9 global crisis passed, Ireland’s economic prospects are far more encouraging. Can it return to its Celtic Tiger levels of growth or are Ireland’s economic problems just beginning? This presentation will examine the rise and fall of Ireland over the past half century through statistical and economic model analyses and attempt to both predict Ireland’s future economic state and suggest ways to promote its growth.

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Ireland: From ‘Celtic Tiger’ to ‘GIPSI’ and Back

In 2007 Ireland was a huge economic success, as the fastest growing country in Europe it was often referred to as the Celtic Tiger. Less than two years later, as a result of its rapidly declining economy, Ireland was relabeled as one of the GIPSI countries. Now, with the worst of the 2008-9 global crisis passed, Ireland’s economic prospects are far more encouraging. Can it return to its Celtic Tiger levels of growth or are Ireland’s economic problems just beginning? This presentation will examine the rise and fall of Ireland over the past half century through statistical and economic model analyses and attempt to both predict Ireland’s future economic state and suggest ways to promote its growth.