TY - JOUR
T1 - Tracing the path to "tiger hood": Ireland's move from protectionism to outward looking economic development
AU - Donnelly, Paul F.
PY - 2012
Y1 - 2012
N2 - Until very recently, Ireland was spoken of in very adulatory terms, to the point of being dubbed the "Celtic Tiger." However, the tiger is no more, having been consumed by a property-led boom, the collapse of which was compounded by the global financial crisis. Taking path dependence as lens, this article looks at an early sequence of events that shaped the country's path to "tiger hood," that is, the policy shift from protectionism to outward looking economic development. From relatively contingent and unpredictable beginnings evolved an institutional matrix, with a clear focus on the global, that, ex ante, could not have been predicted when it was first established. While the tiger is no more, the outward looking economic development path nonetheless remains in place, with the export sector proving to be one of the few bright lights in an otherwise bleak situation.
AB - Until very recently, Ireland was spoken of in very adulatory terms, to the point of being dubbed the "Celtic Tiger." However, the tiger is no more, having been consumed by a property-led boom, the collapse of which was compounded by the global financial crisis. Taking path dependence as lens, this article looks at an early sequence of events that shaped the country's path to "tiger hood," that is, the policy shift from protectionism to outward looking economic development. From relatively contingent and unpredictable beginnings evolved an institutional matrix, with a clear focus on the global, that, ex ante, could not have been predicted when it was first established. While the tiger is no more, the outward looking economic development path nonetheless remains in place, with the export sector proving to be one of the few bright lights in an otherwise bleak situation.
KW - Celtic tiger
KW - Free trade
KW - Ireland
KW - Path dependence
KW - Protectionism
UR - http://www.scopus.com/inward/record.url?scp=84874102804&partnerID=8YFLogxK
U2 - 10.1080/15416518.2012.687989
DO - 10.1080/15416518.2012.687989
M3 - Article
AN - SCOPUS:84874102804
SN - 1541-6518
VL - 9
SP - 90
EP - 103
JO - Organisation Management Journal
JF - Organisation Management Journal
IS - 2
ER -