The Impact of the Crisis on the Irish Political System
The international financial crisis manifests itself in Ireland not only as a crisis of the banking system, but also as a major fiscal crisis, aggravated by years of soft revenue policy and a housing bubble that has burst spectacularly. The severe drop in economic output results in a crisis of employ...
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ftrepec:oai:RePEc:ucd:wpaper:200932 2023-05-15T16:48:58+02:00 The Impact of the Crisis on the Irish Political System Niamh Hardiman http://www.ucd.ie/geary/static/publications/workingpapers/gearywp200932.pdf unknown http://www.ucd.ie/geary/static/publications/workingpapers/gearywp200932.pdf preprint ftrepec 2020-12-04T13:35:37Z The international financial crisis manifests itself in Ireland not only as a crisis of the banking system, but also as a major fiscal crisis, aggravated by years of soft revenue policy and a housing bubble that has burst spectacularly. The severe drop in economic output results in a crisis of employment and a definitive end to the ‘Celtic Tiger’ era of rapid growth and near-full employment. Although the political system has proven resilient thus far, with membership of the Euro preventing the catastrophic political crises that affected Latvia and Iceland, for example, the crisis has revealed significant weaknesses in political system. This paper considers institutional shortcomings in three arenas through which policies to deal with the crisis must be managed: the parliamentary system, the public administration, and social partnership structures. Report Iceland RePEc (Research Papers in Economics) |
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The international financial crisis manifests itself in Ireland not only as a crisis of the banking system, but also as a major fiscal crisis, aggravated by years of soft revenue policy and a housing bubble that has burst spectacularly. The severe drop in economic output results in a crisis of employment and a definitive end to the ‘Celtic Tiger’ era of rapid growth and near-full employment. Although the political system has proven resilient thus far, with membership of the Euro preventing the catastrophic political crises that affected Latvia and Iceland, for example, the crisis has revealed significant weaknesses in political system. This paper considers institutional shortcomings in three arenas through which policies to deal with the crisis must be managed: the parliamentary system, the public administration, and social partnership structures. |
format |
Report |
author |
Niamh Hardiman |
spellingShingle |
Niamh Hardiman The Impact of the Crisis on the Irish Political System |
author_facet |
Niamh Hardiman |
author_sort |
Niamh Hardiman |
title |
The Impact of the Crisis on the Irish Political System |
title_short |
The Impact of the Crisis on the Irish Political System |
title_full |
The Impact of the Crisis on the Irish Political System |
title_fullStr |
The Impact of the Crisis on the Irish Political System |
title_full_unstemmed |
The Impact of the Crisis on the Irish Political System |
title_sort |
impact of the crisis on the irish political system |
url |
http://www.ucd.ie/geary/static/publications/workingpapers/gearywp200932.pdf |
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Iceland |
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Iceland |
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http://www.ucd.ie/geary/static/publications/workingpapers/gearywp200932.pdf |
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1766039040969146368 |