Austerity and Recovery in Ireland - Europe's Poster Child and the Great Recession

Gebundene Ausgabe, Sprache: Englisch
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Produktdetails  
Verlag Oxford University Press
Auflage 2016
Seiten 370
Format 18,4 x 24,5 x 2,3 cm
Print PDF
Gewicht 666 g
Artikeltyp Englisches Buch
ISBN-10 0198792379
EAN 9780198792376
Bestell-Nr 19879237EM

Produktbeschreibung  

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 multi-disciplinary 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.

Inhaltsverzeichnis:

  • 1: William K. Roche, Philip O'connell, and Andrea Prothero: 'Poster Child' or 'Beautiful Freak': Austerity and Recovery in Ireland

  • 2: Seán Ó Riain: The Road to Austerity

  • 3: Stephen Kinsella: Economic and Fiscal Policy

  • 4: Frank Barry and Adele Bergin: Business

  • 5: Gregory Connor, Thomas Flavin, and Brian O'Kelly: The Financial Sector

  • 6: Blanaid Clarke: Banking Regulation

  • 7: Marius Claudy, Andrew Keating, and Andrea Prothero: Consumption

  • 8: Paul Teague: Ireland and the 'GIPS' Countries

  • 9: David M. Farrell: Political Reform

  • 10: Brigid Laffan: International Actors and Agencies

  • 11: William K. Roche: Workplaces

  • 12: Richard Boyle: Public Service Reform

  • 13: Philip J. O'Connell: Unemployment and Labour Market Policy

  • 14: Kathleen Lynch, Sarah Cantillon, and Margaret Crean: Inequality

  • 15: Rob Kitchin, Rory Hearne, and Cian O'Callaghan: Housing

  • 16: Irial Glynn and Philip J. O'Connell: Migration

  • 17: Donald Taylor Black: Culture

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