We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Irish Economy: State bank guarantee tolls the death knell of the Celtic Tiger; Fairytale ends debunking the myths and exposing the reality of foundations built on quicksand
IRISH ECONOMY NEWS/REPORTS
IRELAND ECONOMIC REPORTS
THE UK ECONOMIST WHO COINED TERM "CELTIC TIGER"

UK economist Kevin Gardiner, head of global equity strategy at the investment banking unit of global bank HSBC, in 1994 coined the term Celtic Tiger, comparing Ireland's unexpected economic take-off to the Asian tiger economies.

Kevin was then working with US investment bank Morgan Stanley (Kevin Gardiner, 'The Irish Economy: a Celtic tiger', MS Euroletter, 31 August 1994).

"Celtic Tiger" as a metaphor for the Irish economic boom is very widely used, both in Ireland and internationally. Economic historians will continue to find it a convenient term for the unique period in the history of Ireland, for many decades to come.

Current Irish Economic Situation - quarterly ESRI report on the Irish economy
Lenihan presents 2009 Revised Estimates for Public Services to Dáil; Bruton says "archaic system of budgeting” does not have “a single target”
New approach needed to fix broken Irish political system
Home Truths on Irish Exports as Ireland faces a changed global economy in the decade ahead
Ireland and Japan; the Human Cost of broken political systems
Irish Economy 2009: Cowen says Irish standard of living likely to drop by 10-12% in coming years; However, that is the estimate for the lucky ones

Irish Economy 2009: Cowed Cowen promises "fightback" from bewildered Government

Irish Economy 2009: Talk to Joe! - - the asymmetric national agony aunt for confusing times - - and Cowen's €2 billion Budget
Irish Economy 2009: The Bulldozer at Bay and Benchmarks for Brutal year- - Irish houses and property still amongst highest in world

Irish public sector pay excluding pensions exceeds private sector pay by 10% for top jobs to up to 30% for other grades
Dublin's Grafton Street overtakes London and Tokyo to take a top 5 position in the ranking of the world's most expensive shopping streets
Innovation, The Venturesome Economy and Ireland
Urgent need for more transparency from Irish banks
Cowen heads for China; Irish-owned firms' share of Ireland's exports to China in 2007 was as low as 6.7%
Irish Economy: Keynes advice for Cowen when capital development of a country becomes by-product of a casino

Irish Public Sector Pensions' bill jumped €743m to €1.8bn in 5 years to 2008 - up 66.5% compared with pay rise of 45.4%

Greatest Bubble in History: Warnings ignored in US and Ireland; Vacant Irish housing units rise 150% to 350,000 in period 2002/08
Irish Economy: Proposals on developing coherent policy action to deal with the economic emergency
Cowen heads for China; Irish-owned firms' share of Ireland's exports to China in 2007 was as low as 6.7%
Irish Economy: State bank guarantee tolls the death knell of the Celtic Tiger; Fairytale ends debunking the myths and exposing the reality of foundations built on quicksand - - Comprehensive overview of economy in crisis
Irish Public Spending: Pre- IT/Web official policy prevails - hide as much information as possible from taxpayers
Ireland is faced with new challenges as the US financial sector faces retrenchment and transformation
Analysis: Irish Economy - Cowen and the 100 days' milestone - a Political Pygmy amongst the Oireachtas Lilliputians
Whitaker Tribute Conference: International academic says Ireland’s economic institutions “seem inherently quite vulnerable to corruption, special pleading, ‘jobs for the boys’ and other such undesirable distortions"
Irish Services Strategy Group Report: Political whitewash ignores overwhelming dominance of foreign-owned firms in Irish service exports thereby neutering strategy for Irish firms
Irish Economy: Irish media and holding ministers to account
International house price comparison index for 2007 ranks Dublin, Ireland and Beverly Hills, California for world's most expensive comparable management level family homes
ESRI says the Irish economy will experience a recession in 2008 - the first time since 1983; Dramatic slowdown will result in sharp rise in public finances deficit
Analysis - Recession Ireland 2008: It may be like a Feast and a Famine as Celtic Tiger declared dead but all is not lost
ESRI Medium-Term Review 2008-2015: Irish economy to grow at 3.75% annual rate; Business services exports very sensitive to Ireland’s competitiveness

Irish Economy: Davy cuts 2008 growth to 1% and 2009 to 2% because of tighter credit availability, exchange rate appreciation and no interest rate relief
The Irish Mind and the Knowledge Economy: Should we bank everything on fuzzy leprechaunic political dreams?
Ulster Bank lowers forecast of Irish economic growth in 2008 to 0.5%; ECB to keep benchmark rate on hold at 4%
Irish Economy: The Celtic Tiger party ends with a hangover; Rising to the challenge
Goodbody Stockbrokers slashes Irish economic growth in 2008 to 1.1% on consumer spending slowdown; Commercial  building  likely  to  fall  in  2009; 15.7% of workforce are of foreign origin
Incoming Taoiseach Brian Cowen says Ireland has lost competitiveness in recent years; Concerned at the very significant payments being made to senior business people
Central Bank cuts Irish economic forecasts for 2008 and 2009
Irish Economy: IBEC and understanding the world East of Suez
Irish full-time employment in manufacturing and internationally traded services fell 10,297 in the period 2000-2007 while the total workforce expanded by 605,000
Irish investors were the second biggest net investors in Commercial property across Europe in 2007
Europe's Housing Markets: Standard & Poor's says Pain in Spain, Ireland and UK; Benign outlook in France
International Monetary Fund says Central Banks should have more focus on home prices; House prices in Ireland, the UK, the Netherlands, and France 30% higher than justified by fundamentals
AIB Bank says Irish economy will recover in 2009/2010; House prices need to fall to 2005 level

Ireland's Celtic Tiger 2005: Built to last or on a foundation of quicksand? - Despite the apparent golden scenario, there is a very evident sense that Ireland is currently operating in two parallel universes.
EU and Eurozone Inflation - including Irish inflation and other EU member countries
International House Price Comparisons 1970-2006: Irish price growth in 36-year period third highest among 18 Developed Countries
ESRI cuts 2008 Irish economic growth forecast to 2.3% - a 16-year low; Government's 3% Carbon Emission target would seriously damage economy
Where is the Outrage? Gombeenism thrives at home while in Paris, OECD staff work on proposals for Irish public service reform
Ratings agency Standard & Poor's says both Ireland and Spain are likely to experience significant slowdown in GDP growth beginning in 2008
World Investment Report 2007; Ireland had Foreign Direct Investment inflows of $12.8 billion and outflows of $22.1 billion in 2006
Irish Construction output at 23% of GNP in 2007; 416,000 employed in construction related activity - 19% of workforce; Up to 30,000 job losses by 2009
Irish Economy: No crash in sight nor credible strategy to maintain export-led growth in long term; Overseas Commercial property to remain investment of choice
Irish Trade Statistics: Policymakers opt for Spin and Delusion rather than confront challenging facts
Key Indicators Ireland/EU Published April 2007
Report on the European Economy 2007: Irish Economy at risk of significant reversal - Risk of a hard landing illustrated by the experience of the Netherlands
 The Irish Economy and the Inconvenient Truth
Goodbody says Irish tax revenues have trebled since 1995; Property-related taxes in Ireland now account for at least 17% of total revenues - up from 4% ten years ago
AIB Bank says Annual Irish Inflation approaching 10% on non-discretionary consumer expenditure
Irish Enterprise Statistics at a Glance 2007 Report: More than 550 Irish iepanies invested €100,000 or more in R&D in 2006
Government launches €184 billion National Development Plan - Main Points and Analysis
National Development Plan 2007/2013 ESRI's Ex-ante Evaluation: Exceptional demand for Irish property is squeezing out the export sector through its adverse effects on competitiveness
Irish Economy 2006, Future of the Celtic Tiger and Property Boom: Putting a brass knocker on a barn door! 
The free lunch has yet to be invented - the tipping point for the Irish economy
Irish house prices up 270% since 1996 rising at average of 14.9% for each of the last ten years; Construction sector may shed over 100,000 jobs by 2016
Irish manufacturing output increased 28% since 2000 and employment contracted 13%; Ireland now world’s 13th largest exporter of services
Irish Economic Boom- Facts, Causes
Ireland is Top Global Location for US Multinationals' Profits - Ireland is the world's most profitable country for US corporations, according to analysis by US tax journal Tax Notes. In a study by the journal's Martin Sullivan, it was found that profits made by US companies in Ireland doubled between 1999 and 2002 from $13.4 billion to $26.8 billion, while profits in most of the rest of Europe fell. In his analysis Sullivan termed Ireland a 'semi-tax haven' for US firms, because firms are involved in real productivity in contrast with locations such as Bermuda.
Why Ireland Boomed - The great economic success story of the past ten years has been the Republic of Ireland. At the end of the year 2000, Ireland could look back on fourteen years of uninterrupted economic growth, which had accelerated to nearly 10 percent annually in the closing years of the 1990s. 

Impressive paper by Professor James B. Burnham, Murrin Professor of Global Competitiveness,  Donahue Graduate School of Business, Duquesne University, Pittsburgh, Pennsylvania.

EU25 Foreign Direct Investment 2005; Ireland has disinvestment of €20bn, UK biggest FDI player
Foreign Direct Investment into OECD countries jumps 27% in 2005; Profit repatriation puts Ireland's FDI in red
AIB report says almost 160,000 non-nationals in employment in Ireland - 8% of workforce; Magnitude of inflows may slow; Many buying property
OECD Economic Survey of Ireland 2006: Too many sectors where producers are shielded from competition
Irish National Debt fell to 28.6% of GNP in 2005; National Pension Reserve Fund earned return of 19.2% - value of fund at €15.3 billion
Irish Economy March 2006: Two reports offer contrasts in caution and cheer: NCB Stockbrokers' report called 2020 Vision - says the population of the Republic will grow by 30% to over 5.3 million by 2020
Globalisation and the Irish Economy: Ireland extremely vulnerable to a global slowdown in either the high-tech or financial services sectors - March 2006 paper by Trinity College economists
 

Click for the Main Economy Page

Return to Top

 
 
Google
 
Web www.finfacts.ie

The Finfacts Guinness Pint Index
The ratio of the price of pint to average earnings

 

Currency Converter


Believe those who search for truth. Doubt those who claim to have found it   -André Gide (1869-1951) Nobel Laureate 1947

 

Finfacts Homepage
Business News Centre
Stocks & Investments
-Share Prices
-Stocks Data/Reports
-Returns
-Property
-Investment Choices

Personal Finance Centre
-Mortgage Rates

-Mortgage Guide
-Life Insurance
-Pensions
-Saving Rates
-Health Insurance
-Travel Insurance

Taxation Centre
-Irish Taxes
-Tax Reports

Employment Issues
-Jobs
-Pay Agreement
-Minimum Wage
-Employment Rights
-Salary Surveys

Economic Indicators
-Irish Economy Reports
-Inflation
-Irish/EU Indicators
-OECD Factbook
-Global Cost of Living

EURIBOR Interest Rates
Car Prices
Technology News
Irish Business Links
Price comparisons
Dublin Financial Services Centre
European Union
Irish State Business Services
-Business Supports
-Grants
-Training
-Procurement
Wines/Restaurants
Site Index
Contact Us

Click for Dublin + Global Weather
Click for Dublin, Ireland Forecast

Copyright© 2009. Finfacts Multimedia Limited