Ireland And Eurozone Austerity
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Austerity And Recovery In Ireland
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Author : William K. Roche
language : en
Publisher: Oxford University Press
Release Date : 2017
Austerity And Recovery In Ireland written by William K. Roche and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business & Economics categories.
In international commentary and debate on the effects of the Great Recession and austerity, Ireland has been hailed as the poster child for economic recovery and regeneration out of deep economic and fiscal contraction. While the genesis of Ireland's financial, economic, and fiscal crisis has been covered in the literature, no systematic analysis has yet been devoted to the period of austerity, to the impact of austerity on institutions and people, or to the roots of economic recovery. In this book a group of Ireland's leading social scientists present a multidisciplinary analysis of recession and austerity and their effects on economic, business, political, and social life. Individual chapters discuss the fiscal and economic policies implemented, the role of international, and, in particular, of EU institutions, and the effects on businesses, consumption, work, the labour market, migration, political and financial institutions, social inequality and cohesion, housing, and cultural expression. The book shows that Ireland cannot be viewed uncritically as a poster child for austerity. While fiscal contraction provided a basis for stabilizing the perilous finances of the state, economic recovery was due in the main to the long-established structure of Irish economic and business activity, to the importance of foreign direct investment and the dynamic export sector, and to recovery in the international economy. The restructuring and recovery of the financial system was aided by favourable international developments, including historically low interest rates and quantitative easing. Migration flows, nominal wage stability, the protection of social transfer payments, and the involvement of trade unions in severe public sector retrenchment - long-established features of Irish political economy - were of critical importance in the maintenance of social cohesion.
Deepening Neoliberalism Austerity And Crisis
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Author : Julien Mercille
language : en
Publisher: Springer
Release Date : 2015-07-07
Deepening Neoliberalism Austerity And Crisis written by Julien Mercille and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-07 with Political Science categories.
From bank bailouts to austerity, Europe's and Ireland's response to the economic crisis has been engineered specifically to shift the burden of paying for the crisis onto ordinary citizens while investors, financiers, bankers and the privileged are protected. The authors expose the class-based nature of Ireland's crisis resolution.
The Eu Financial Crisis Austerity And Expansion
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Author : Dominik Kirchdorfer
language : en
Publisher: GRIN Verlag
Release Date : 2013-09-03
The Eu Financial Crisis Austerity And Expansion written by Dominik Kirchdorfer and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09-03 with Political Science categories.
Seminar paper from the year 2013 in the subject Politics - Region: Western Europe, grade: 2, University of Vienna (Institut für Europäische Integration), course: Political Economy of European Integration, language: English, abstract: In this paper I analyse the recovery plans for Ireland by the EU Commission and the Irish government, as well as the developments of the Irish economy throughout its crisis. I find that both the austerity and growth measures are of vital importance to the country's recovery and as such the same can be said for the rest of the European Union. Ireland is on its way back to a stable economy. The GDP, inflation and the current account are rising, but the country still faces challenges with unemployment and an ever increasing pile of debt. Greece and other countries affected by the crisis and now under the Troika programme, should take Ireland as an example, but the EU will have to do its part to help these countries with their growth programmes, instead of persisting on strict austerity measures alone.
The Political Economy And Media Coverage Of The European Economic Crisis
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Author : Julien Mercille
language : en
Publisher: Routledge
Release Date : 2014-08-27
The Political Economy And Media Coverage Of The European Economic Crisis written by Julien Mercille and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-08-27 with Business & Economics categories.
The European economic crisis has been ongoing since 2008 and while austerity has spread over the continent, it has failed to revive economies. The media have played an important ideological role in presenting the policies of economic and political elites in a favourable light, even if the latter’s aim has been to shift the burden of adjustment onto citizens. This book explains how and why, using a critical political economic perspective and focusing on the case of Ireland. Throughout, Ireland is compared with contemporary and historical examples to contextualise the arguments made. The book covers the housing bubble that led to the crash, the rescue of financial institutions by the state, the role of the European institutions and the International Monetary Fund, austerity, and the possibility of leaving the eurozone for Europe’s peripheral countries. Through a systematic analysis of Ireland’s main newspapers, it is argued that the media reflect elite views and interests and downplay alternative policies that could lead to more progressive responses to the crisis.
Ireland And Eurozone Austerity
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Author :
language : en
Publisher:
Release Date : 2012
Ireland And Eurozone Austerity written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012 with categories.
Crisis In The Eurozone Periphery
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Author : Owen Parker
language : en
Publisher: Springer
Release Date : 2018-02-19
Crisis In The Eurozone Periphery written by Owen Parker and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-02-19 with Political Science categories.
This book investigates the causes and consequences of crisis in four countries of the Eurozone periphery – Greece, Spain, Portugal and Ireland. The contributions to this volume are provided from country-specific experts, and are organised into two themed subsections: the first analyses the economic dynamics at play in relation to each state, whilst the second considers their respective political situations. The work debates what made these states particularly susceptible to crisis, the response to the crisis and its resultant effects, as well as the manifestation of resistance to austerity. In doing so, Parker and Tsarouhas consider the implications of continued fragilities in the Eurozone both for these countries and for European integration more generally.
Debating Austerity In Ireland
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Author : Emma Heffernan
language : en
Publisher:
Release Date : 2017
Debating Austerity In Ireland written by Emma Heffernan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Budget deficits categories.
The austerity that followed the recent economic and financial crisis in has led to impassioned debates across the social sciences and the public at large. Although Ireland was not its only victim, the depth of the interacting economic, banking and budgetary crises has meant that the level of public interest has been especially intense. Among the hotly debated questions: what is austerity? Was it necessary? What have been its consequences? One of the defining features of the debate to date has been its tendency to polarise opinion and adopt a one-dimensional perspective. This book challenges us to adopt a more nuanced approach to understandings of austerity, and by extension the path to recovery. The book brings together leading national and international experts from across the social sciences to debate this traumatic period in Ireland's economic and social development.The papers were selected from a conference at the Royal Irish Academy, peer-reviewed and rewritten with the addition of a substantial introduction and conclusion by the editors.
Deepening Neoliberalism Austerity And Crisis
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Author : Julien Mercille
language : en
Publisher: Palgrave Macmillan
Release Date : 2015-07-27
Deepening Neoliberalism Austerity And Crisis written by Julien Mercille and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-27 with Political Science categories.
From bank bailouts to austerity, Europe's and Ireland's response to the economic crisis has been engineered specifically to shift the burden of paying for the crisis onto ordinary citizens while investors, financiers, bankers and the privileged are protected. The authors expose the class-based nature of Ireland's crisis resolution.
Life After Austerity
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Author : Madhurima Das
language : en
Publisher:
Release Date : 2016
Life After Austerity written by Madhurima Das and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Banks and banking categories.
This project examines the imposition of austerity measures on two periphery countries in the Eurozone – Greece and Ireland – after the global financial crisis that erupted in 2007. Ireland was the first economy to both enter and exit the crisis. Greece is still reeling from it, 9 years later. This project offers a detailed analysis of the policy response and economic conditions in each country, and reveals that Ireland’s success is illusory. Even though Ireland exited the crisis in 2013, their ‘success’ was in part due to the relatively small size of fiscal contraction, the rebuilding of private sector savings, and the return to a net-exporting position. By contrast, Greece’s adjustment to austerity was much more severe, the private sector financial position never fully recovered, and the country remained in a net-importing position. Although Ireland faced difficulties adjusting with some recommendations by the IMF, the Greek crisis and rounds of austerity were far more severe and detrimental to their social welfare levels than Ireland. This project focuses on the flawed monetary arrangement and institutional design of the Eurozone focusing specifically on the differences between core and periphery countries under a stateless currency regime that has divorced fiscal and monetary institutions. Using the sectoral balances and the Parenteau model, we study public, private and foreign debt as well as the policy space available to give an insight into the two economies.
The Eu Financial Crisis
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Author : Dominik Kirchdorfer
language : en
Publisher:
Release Date : 2013-09
The Eu Financial Crisis written by Dominik Kirchdorfer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-09 with categories.
Seminar paper from the year 2013 in the subject Politics - International Politics - Region: Western Europe, grade: 2, University of Vienna (Institut fur Europaische Integration), course: Political Economy of European Integration, language: English, abstract: In this paper I analyse the recovery plans for Ireland by the EU Commission and the Irish government, as well as the developments of the Irish economy throughout its crisis. I find that both the austerity and growth measures are of vital importance to the country's recovery and as such the same can be said for the rest of the European Union. Ireland is on its way back to a stable economy. The GDP, inflation and the current account are rising, but the country still faces challenges with unemployment and an ever increasing pile of debt. Greece and other countries affected by the crisis and now under the Troika programme, should take Ireland as an example, but the EU will have to do its part to help these countries with their growth programmes, instead of persisting on strict austerity measures alone.