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 ...
What is clear is that in Ireland it has been a good crisis for economists, in the sense that the sta...
The current economic crisis has hit all European countries hard, but some are more severely affected...
This paper adopts a new analytical approach to explaining choices in fiscal politics in Ireland and ...
Ireland has come to be seen as an exemplary case of the successful practice of austerity, both econo...
The main goal of the paper is to explain the role of expectations in austerity cycles during financi...
The 2008 financial crisis hit few places harder than the European periphery, where five states, Port...
During the Eurozone crisis, Ireland would come to be regarded widely as a ‘poster child’ for the rem...
Purpose - The purpose of this paper is to examine the impact of the Eurozone financial crisis by dis...
The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The yea...
Given its impressive economic performance over the past two decades, Ireland earned the title, the ‘...
The late 2000s financial crisis within the euro area had distinct effects on different member states...
?Simon Wren-Lewis?s chapter in this volume outlines a general theory of austerity. Underpinning it i...
The ongoing approach of the European authorities to the difficulties in the Greek economy and the br...
State responses to the global financial and European sovereign debt crisis have been dominated by a ...
The current hold of austerity on Irish public policy provokes a comparison with addiction. Postliber...
What is clear is that in Ireland it has been a good crisis for economists, in the sense that the sta...
The current economic crisis has hit all European countries hard, but some are more severely affected...
This paper adopts a new analytical approach to explaining choices in fiscal politics in Ireland and ...
Ireland has come to be seen as an exemplary case of the successful practice of austerity, both econo...
The main goal of the paper is to explain the role of expectations in austerity cycles during financi...
The 2008 financial crisis hit few places harder than the European periphery, where five states, Port...
During the Eurozone crisis, Ireland would come to be regarded widely as a ‘poster child’ for the rem...
Purpose - The purpose of this paper is to examine the impact of the Eurozone financial crisis by dis...
The Great Recession that began in 2008 hit the economy of the European Union extremely hard. The yea...
Given its impressive economic performance over the past two decades, Ireland earned the title, the ‘...
The late 2000s financial crisis within the euro area had distinct effects on different member states...
?Simon Wren-Lewis?s chapter in this volume outlines a general theory of austerity. Underpinning it i...
The ongoing approach of the European authorities to the difficulties in the Greek economy and the br...
State responses to the global financial and European sovereign debt crisis have been dominated by a ...
The current hold of austerity on Irish public policy provokes a comparison with addiction. Postliber...
What is clear is that in Ireland it has been a good crisis for economists, in the sense that the sta...
The current economic crisis has hit all European countries hard, but some are more severely affected...
This paper adopts a new analytical approach to explaining choices in fiscal politics in Ireland and ...