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| Document Type: | Book |
|---|---|
| All Authors / Contributors: |
Fintan O'Toole |
| ISBN: | 9781586488819 1586488813 |
| OCLC Number: | 466335164 |
| Description: | viii, 230 p. ; 25 cm. |
| Contents: | Prologue. Three ships -- 1. El tigre celta -- 2. A patriot for me -- 3. Ethitical banking -- 4. Our own gentry -- 5. The new feudalism -- 6. Kings of the wild frontier -- 7. Off-line Ireland -- 8. Unknown knowns -- 9. Fair pay to you, Willie -- Epilogue. The second republic. |
| Responsibility: | Fintan O'Toole. |
Abstract:
The "Irish economic miracle" was built on good old-fashioned subsidies (from the European Union) and the simple fact that until the 1980s Ireland was by the standards of the developed world so economically backward that the only way was up. And as it began to catch up to European and American averages, the boom lured in investors, the Irish government deregulated and all but abandoned financial oversight, and a great Irish financial ceilidh began. It would last for a decade. When the global financial crisis of 2008 arrived it struck Ireland harder than anywhere. How Ireland managed to achieve such a spectacular implosion is a story of corruption, carelessness, and venality.--From publisher's description.
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Publisher Synopsis
Brian Groom, "Financial Times"<br> "O'Toole ... has produced a coruscating polemic against the cronyism and corruption that in his view helped to fuel the boom.... [H]is highly readable book is a salutary reminder that cronyism, light regulation and loose ethics can be a deadly combination."<br><br>"Cleveland Plain Dealer""An interesting and readable post-mortem.... "Ship of Fools" is not just for those drawn to Irish politics or economics. Americans, in particular, will relate to Ireland's battle to restore its economy and renew faith in its leaders." Read more...
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Related Subjects:(9)
- Ireland -- Economic conditions -- 21st century.
- Ireland -- Economic policy -- 21st century.
- Finance -- Ireland.
- Financial crises -- Ireland.
- Corruption -- Ireland.
- Political corruption -- Ireland.
- Ireland -- Economic conditions.
- Economic policy -- Ireland.
- Ireland -- Politics and government.
