Misplaced Pages

Celtic Tiger

Article snapshot taken from Wikipedia with creative commons attribution-sharealike license. Give it a read and then ask your questions in the chat. We can research this topic together.

Gross domestic product ( GDP ) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Several national and international economic organizations maintain definitions of GDP, such as the OECD and the International Monetary Fund .

#215784

137-625: The " Celtic Tiger " ( Irish : An Tíogar Ceilteach ) is a term referring to the economy of Ireland from the mid-1990s to the late 2000s, a period of rapid real economic growth fuelled by foreign direct investment. The boom was dampened by a subsequent property bubble which resulted in a severe economic downturn. At the start of the 1990s, Ireland was a relatively poor country by Western European standards, with high poverty, high unemployment, inflation, and low economic growth. The Irish economy expanded at an average rate of 9.4% between 1995 and 2000, and continued to grow at an average rate of 5.9% during

274-540: A unique dialect of Irish developed before falling out of use in the early 20th century. With a writing system , Ogham , dating back to at least the 4th century AD, which was gradually replaced by Latin script since the 5th century AD, Irish has one of the oldest vernacular literatures in Western Europe . On the island, the language has three major dialects: Connacht , Munster and Ulster Irish . All three have distinctions in their speech and orthography . There

411-697: A bargaining chip during government formation in Northern Ireland, prompting protests from organisations and groups such as An Dream Dearg . Irish became an official language of the EU on 1 January 2007, meaning that MEPs with Irish fluency can now speak the language in the European Parliament and at committees, although in the case of the latter they have to give prior notice to a simultaneous interpreter in order to ensure that what they say can be interpreted into other languages. While an official language of

548-506: A base year. The result would be that the GDP in 2000 equals $ 300 million × 1 ⁄ 2 = $ 150 million , in 1990 monetary terms. We would see that the country's GDP had realistically increased 50 percent over that period, not 200 percent, as it might appear from the raw GDP data. The GDP adjusted for changes in money value in this way is called the real GDP . The factor used to convert GDP from current to constant values in this way

685-560: A better future for Ireland and all her citizens." The Strategy was produced on 21 December 2010 and will stay in action until 2030; it aims to target language vitality and revitalization of the Irish language. The 30-page document published by the Government of Ireland details the objectives it plans to work towards in an attempt to preserve and promote both the Irish language and the Gaeltacht. It

822-658: A cold sea of uncertainty." In February 2010, a report by Davy Research concluded that Ireland had "largely wasted” its years of high income during the boom, with private enterprise investing its wealth "in the wrong places". It compared Ireland's growth to other small eurozone countries such as Finland and Belgium – noting that the physical wealth of those countries exceeds that of Ireland because of their "vastly superior" transport infrastructure, telecommunications network, and public services. From 1995 to 2000, GDP growth rate ranged between 7.8 and 11.5%; it then slowed to between 4.4 and 6.5% from 2001 to 2007. During that period,

959-518: A country becomes increasingly in debt, and spends large amounts of income servicing this debt this will be reflected in a decreased GNI but not a decreased GDP. Similarly, if a country sells off its resources to entities outside their country this will also be reflected over time in decreased GNI, but not decreased GDP. This would make the use of GDP more attractive for politicians in countries with increasing national debt and decreasing assets. Gross national income (GNI) equals GDP plus income receipts from

1096-515: A country's borders, but by an enterprise owned by somebody outside the country, counts as part of its GDP but not its GNI; on the other hand, production by an enterprise located outside the country, but owned by one of its citizens, counts as part of its GNI but not its GDP. For example, the GNI of the US is the value of output produced by American-owned firms, regardless of where the firms are located. Similarly, if

1233-637: A country's citizens at home and abroad rather than its "resident institutional units" (see OECD definition above). The switch from GNP to GDP in the United States occurred in 1991. The role that measurements of GDP played in World War II was crucial to the subsequent political acceptance of GDP values as indicators of national development and progress. A crucial role was played here by the U.S. Department of Commerce under Milton Gilbert where ideas from Kuznets were embedded into institutions . The history of

1370-406: A country's production has increased (or decreased, if the growth rate is negative) compared to the previous year, typically expressed as percentage change . The economic growth can be expressed as real GDP growth rate or real GDP per capita growth rate . GDP can be adjusted for population growth, also called Per-capita GDP or GDP per person . This measures the average production of a person in

1507-472: A cultural and social force. Irish speakers often insisted on using the language in law courts (even when they knew English), and Irish was also common in commercial transactions. The language was heavily implicated in the "devotional revolution" which marked the standardisation of Catholic religious practice and was also widely used in a political context. Down to the time of the Great Famine and even afterwards,

SECTION 10

#1732845523216

1644-451: A culture of entrepreneurship exists, foreign-owned companies account for 93% of Ireland's exports. The Celtic Tiger's growth slowed along with the slowing in the world economy in 2002 after seven years of high growth. The economy was adversely affected by a large reduction in investment in the worldwide information technology (IT) industry. The industry had over-expanded in the late 1990s, and its stock market equity declined sharply. Ireland

1781-551: A dam at Ardnacrusha on the River Shannon in 1928, developing offshore gas fields, and diversifying into coal in the 1970s. As gas, peat, and hydroelectric power have been almost fully exploited in Ireland, there is a continuously increasing need for imported fossil fuels at a time of increasing concerns about security of supply and global warming . One solution is to develop alternative energy sources, including wind power and, to

1918-541: A degree course in the NUI federal system to pass the subject of Irish in the Leaving Certificate or GCE / GCSE examinations. Exemptions are made from this requirement for students who were born or completed primary education outside of Ireland, and students diagnosed with dyslexia . NUI Galway is required to appoint people who are competent in the Irish language, as long as they are also competent in all other aspects of

2055-460: A fully recognised EU language for the first time in the state's history. Before Irish became an official language it was afforded the status of treaty language and only the highest-level documents of the EU were made available in Irish. The Irish language was carried abroad in the modern period by a vast diaspora , chiefly to Great Britain and North America, but also to Australia , New Zealand and Argentina . The first large movements began in

2192-530: A future facility. Domestically, a new state body, Science Foundation Ireland , was established to promote new science companies in Ireland Maturing funds from the SSIA government savings scheme relaxed consumers' concerns about spending and thus fueled retail sales growth. In September 2009, Tánaiste Mary Coughlan said Ireland had lost ground in international competitiveness every year since 2000. The return of

2329-504: A housing bubble to develop, "on an immense scale". However, he wrote nothing of the impact of the European Central Bank 's low interest rates which funded the property bubble and further exacerbated the overheating economy Nobel laureate Paul Krugman had a bleak prediction, “As far as responding to the recession goes, Ireland appears to be really, truly without options, other than to hope for an export-led recovery, if and when

2466-407: A lesser extent, wave power . An offshore wind farm is currently under construction off the east coast near Arklow , and many remote locations in the west show potential for wind farm development. A report by Sustainable Energy Ireland indicated that if wind power were properly developed, Ireland could one day be exporting excess wind power if the natural difficulties of integrating wind power into

2603-661: A loss of competitiveness in the Irish economy. Irish wages were substantially above the EU average, particularly in the Dublin region, though many poorer Eastern European states had joined the EU since 2004 , substantially lowering the average EU wage below its 1995 level. Low-paid sectors, such as retail and hospitality, remained below the EU-15 average, however. The pressures primarily affect unskilled, semi-skilled, and manufacturing jobs. Outsourcing of professional jobs also increased, with Poland in 2008 gaining several hundred former Irish jobs from

2740-596: A low corporate taxation rate (10 to 12.5% throughout the late 1990s). Since 1956, successive Irish governments have pursued low-taxation policies. Since joining the EU in 1973, Ireland has received over €17 billion in EU Structural and Cohesion Funds. These are made up of the European Regional Development Fund (ERDF) and the European Social Fund (ESF) and were used to increase investment in

2877-574: A paper suggested that within a generation, non-Gaeltacht habitual users of Irish might typically be members of an urban, middle class, and highly educated minority. Parliamentary legislation is supposed to be available in both Irish and English but is frequently only available in English. This is notwithstanding that Article 25.4 of the Constitution of Ireland requires that an "official translation" of any law in one official language be provided immediately in

SECTION 20

#1732845523216

3014-554: A pass in Leaving Certificate Irish or English, and receive lessons in Irish during their two years of training. Official documents of the Irish government must be published in both Irish and English or Irish alone (in accordance with the Official Languages Act 2003, enforced by An Coimisinéir Teanga , the Irish language ombudsman). The National University of Ireland requires all students wishing to embark on

3151-611: A religious context. An Irish translation of the Old Testament by Leinsterman Muircheartach Ó Cíonga , commissioned by Bishop Bedell , was published after 1685 along with a translation of the New Testament. Otherwise, Anglicisation was seen as synonymous with 'civilising' the native Irish. Currently, modern day Irish speakers in the church are pushing for language revival. It has been estimated that there were around 800,000 monoglot Irish speakers in 1800, which dropped to 320,000 by

3288-658: A state agency, provides financial, technical, and social support to start-up businesses. Additionally, the building of the International Financial Services Centre in Dublin led to the creation of 14,000 high-value jobs in the accounting, legal, and financial management sectors. In July 2003, the government established the Science Foundation Ireland on a statutory basis to promote education for highly skilled careers, particularly in biotechnology and information and communications technology, with

3425-537: A wider meaning, including the Gaelic of Scotland and the Isle of Man , as well as of Ireland. When required by the context, these are distinguished as Gaeilge na hAlban , Gaeilge Mhanann and Gaeilge na hÉireann respectively. In English (including Hiberno-English ), the language is usually referred to as Irish , as well as Gaelic and Irish Gaelic . The term Irish Gaelic may be seen when English speakers discuss

3562-467: Is US$ 5,040,107.75 (in a million). Predictably, as a developed country, Japan has a higher GNI (by 182,779.46, in millions of USD), which is indicative that the production level in the country is higher than that of national production. On the other hand, the case with Armenia is the opposite, with GDP being lower than GNI by US$ 196.12 (in million). This demonstrates that countries receive investments and foreign aid from abroad. The Total income divided by

3699-448: Is also An Caighdeán Oifigiúil , a standardised written form devised by a parliamentary commission in the 1950s. The traditional Irish alphabet , a variant of the Latin alphabet with 18 letters , has been succeeded by the standard Latin alphabet (albeit with 7–8 letters used primarily in loanwords ). Irish has constitutional status as the national and first official language of

3836-425: Is also sometimes expressed as: The third way to estimate GDP is to calculate the sum of the final uses of goods and services (all uses except intermediate consumption) measured in purchasers' prices. Market goods that are produced are purchased by someone. In the case where a good is produced and unsold, the standard accounting convention is that the producer has bought the good from themselves. Therefore, measuring

3973-838: Is calculated this way it is sometimes called gross domestic income (GDI), or GDP (I). GDI should provide the same amount as the expenditure method described later. By definition, GDI is equal to GDP. In practice, however, measurement errors will make the two figures slightly off when reported by national statistical agencies. This method measures GDP by adding incomes that firms pay households for factors of production they hire – wages for labour, interest for capital, rent for land and profits for entrepreneurship. The US "National Income and Product Accounts" divide incomes into five categories: These five income components sum to net domestic income at factor cost. Two adjustments must be made to get GDP: Total income can be subdivided according to various schemes, leading to various formulae for GDP measured by

4110-471: Is called the GDP deflator . Unlike consumer price index , which measures inflation or deflation in the price of household consumer goods, the GDP deflator measures changes in the prices of all domestically produced goods and services in an economy including investment goods and government services, as well as household consumption goods. Real GDP can be used to calculate the GDP growth rate, which indicates how much

4247-469: Is contributed at each stage of production. This approach mirrors the OECD (Organisation for Economic Co-operation and Development) definition given above. Gross value added = gross value of output – value of intermediate consumption. Value of output = value of the total sales of goods and services plus the value of changes in the inventory. The sum of the gross value added in the various economic activities

Celtic Tiger - Misplaced Pages Continue

4384-511: Is divided into four separate phases with the intention of improving 9 main areas of action including: The general goal for this strategy was to increase the number of daily speakers from 83,000 to 250,000 by the end of its run. By 2022, the number of such speakers had fallen to 71,968. Before the partition of Ireland in 1921, Irish was recognised as a school subject and as "Celtic" in some third level institutions. Between 1921 and 1972, Northern Ireland had devolved government. During those years

4521-404: Is known as "GDP at factor cost". GDP at factor cost plus indirect taxes less subsidies on products = "GDP at producer price". For measuring the output of domestic product, economic activities (i.e. industries) are classified into various sectors. After classifying economic activities, the output of each sector is calculated by any of the following two methods: The value of output of all sectors

4658-567: Is only in Gaeltacht areas that Irish continues to be spoken as a community vernacular to some extent. According to data compiled by the Department of Tourism, Culture, Arts, Gaeltacht , Sport and Media , only 1/4 of households in Gaeltacht areas are fluent in Irish. The author of a detailed analysis of the survey, Donncha Ó hÉallaithe of the Galway-Mayo Institute of Technology , described

4795-491: Is some opposition to the theory that Ireland's wealth has been unusually unevenly distributed, among them economist and journalist David McWilliams. He cites Eurostat figures which indicate that Ireland is just above average in terms equality by one type of measurement. Moreover, Ireland's inequality persists by other measurements. According to an ESRI report published in December 2006, Ireland's child poverty level ranks 22nd out of

4932-422: Is sometimes attributed to these investments, which made Ireland more attractive to high-tech businesses, though the libertarian Cato Institute has suggested that the EU transfer payments were economically inefficient and may have actually slowed growth. The conservative Heritage Foundation also attributed to transfer payments no significant role in causing growth. Ireland's membership in the EU since 1973 helped

5069-529: Is still commonly spoken as a first language in Ireland's Gaeltacht regions, in which 2% of Ireland's population lived in 2022. The total number of people (aged 3 and over) in Ireland who declared they could speak Irish in April 2022 was 1,873,997, representing 40% of respondents, but of these, 472,887 said they never spoke it and a further 551,993 said they only spoke it within the education system. Linguistic analyses of Irish speakers are therefore based primarily on

5206-412: Is still spoken daily to some extent as a first language . These regions are known individually and collectively as the Gaeltacht (plural Gaeltachtaí ). While the fluent Irish speakers of these areas, whose numbers have been estimated at 20–30,000, are a minority of the total number of fluent Irish speakers, they represent a higher concentration of Irish speakers than other parts of the country and it

5343-587: Is that GDP defines its scope according to location, while GNI defines its scope according to ownership. In a global context, world GDP and world GNI are, therefore, equivalent terms. GDP is a product produced within a country's borders; GNI is product produced by enterprises owned by a country's citizens. The two would be the same if all of the productive enterprises in a country were owned by its own citizens and those citizens did not own productive enterprises in any other countries. In practice, however, foreign ownership makes GDP and GNI non-identical. Production within

5480-450: Is then added to get the gross value of output at factor cost. Subtracting each sector's intermediate consumption from gross output value gives the GVA (=GDP) at factor cost. Adding indirect tax minus subsidies to GVA (GDP) at factor cost gives the "GVA (GDP) at producer prices". The second way of estimating GDP is to use "the sum of primary incomes distributed by resident producer units". If GDP

5617-659: The Fíor-Ghaeltacht (true Gaeltacht ), a term originally officially applied to areas where over 50% of the population spoke Irish. There are Gaeltacht regions in the following counties: Gweedore ( Gaoth Dobhair ), County Donegal, is the largest Gaeltacht parish in Ireland. Irish language summer colleges in the Gaeltacht are attended by tens of thousands of teenagers annually. Students live with Gaeltacht families, attend classes, participate in sports, go to céilithe and are obliged to speak Irish. All aspects of Irish culture and tradition are encouraged. The Act

Celtic Tiger - Misplaced Pages Continue

5754-607: The Federal Reserve made 11 rate cuts that year in an attempt to stimulate the US economy. The EU scarcely grew throughout the whole of 2002, and many members' governments (notably in Germany and France) lost control of public finances , causing large deficits that broke the terms of the EMU Stability and Growth Pact . The economic downturn in Ireland was not a recession but a slowdown in

5891-466: The Good Friday Agreement further established Ireland's ability to provide a stable business environment. Irish workers can communicate effectively with Americans – especially compared to those in other low-wage, non-English-speaking EU nations, such as Portugal and Spain; this factor was vital to U.S. companies' choosing Ireland for their European headquarters. It has also been argued that

6028-548: The Human Development Index or Better Life Index , as better approaches to measuring the effect of the economy on human development and well being . William Petty came up with a concept of GDP, to calculate the tax burden , and argue landlords were unfairly taxed during warfare between the Dutch and the English between 1652 and 1674. Charles Davenant developed the method further in 1695. The modern concept of GDP

6165-611: The Indo-European language family . It is a member of the Goidelic language group of the Insular Celtic sub branch of the family and is indigenous to the island of Ireland . It was the majority of the population's first language until the 19th century, when English gradually became dominant, particularly in the last decades of the century, in what is sometimes characterised as a result of linguistic imperialism . Today, Irish

6302-691: The Luas light rail lines, the Dublin Port Tunnel , and the extension of the Cork Suburban Rail . Local authorities enhanced city streets and built monuments such as the Spire of Dublin . An academic said in 2008 that the jumbo breakfast roll became "perhaps the ultimate symbol of our contemporary Celtic Tigerland", product of Irish conglomerate IAWS and eaten by busy workers buying food in filling station convenience stores . Ireland's trend of net emigration

6439-560: The People's Republic of China because of a rise in Irish wage costs, insurance premiums, and a general reduction in Ireland's economic competitiveness. The rising value of the Euro hit non- EMU exports, particularly those to the U.S. and the United Kingdom. At the same time, economies globally experienced a slowdown. The US economy grew only 0.3% in April, May, and June 2002 from a year earlier, and

6576-619: The Republic of Ireland , and is also an official language of Northern Ireland and among the official languages of the European Union . The public body Foras na Gaeilge is responsible for the promotion of the language throughout the island. Irish has no regulatory body but An Caighdeán Oifigiúil , the standard written form, is guided by a parliamentary service and new vocabulary by a voluntary committee with university input. In An Caighdeán Oifigiúil ("The Official [Written] Standard ")

6713-614: The Single Market . By mid-2007, during the 2007–2008 financial crisis , the Celtic Tiger had all but died. Some critics, such as David McWilliams , who had been warning about impending collapse for some time, concluded: "The case is clear: an economically challenged government, perniciously influenced by the interests of the housing lobby, blew it. The entire Irish episode will be studied internationally in years to come as an example of how not to do things." Historian Richard Aldous stated

6850-521: The demographic dividend from the rising ratio of workers to dependents due to falling fertility, and increased female labour market participation, increased income per capita. Ireland was transformed from one of the poorest countries in Western Europe to one of the wealthiest. Disposable income soared to record levels, enabling a huge rise in consumer spending with foreign holidays accounting for over 91% of total holiday expenditure in 2004. However,

6987-527: The education system and to build physical infrastructure. These transfer payments from members of the European Union , such as Germany and France , were as high as 4% of Ireland's gross national product (GNP). Ireland is unique among cohesion countries, having allocated up to 35% of its Structural Funds to human resource investments, compared with an average of around 25% for other cohesion fund recipients. The Irish economy's increased productive capacity

SECTION 50

#1732845523216

7124-555: The 17th century, largely as a result of the Cromwellian conquest of Ireland , which saw many Irish sent to the West Indies . Irish emigration to the United States was well established by the 18th century, and was reinforced in the 1840s by thousands fleeing from the Famine . This flight also affected Britain. Up until that time most emigrants spoke Irish as their first language, though English

7261-712: The 1998 Good Friday Agreement , the language gradually received a degree of formal recognition in Northern Ireland from the United Kingdom, and then, in 2003, by the British government's ratification in respect of the language of the European Charter for Regional or Minority Languages . In the 2006 St Andrews Agreement the British government promised to enact legislation to promote the language and in 2022 it approved legislation to recognise Irish as an official language alongside English. The bill received royal assent on 6 December 2022. The Irish language has often been used as

7398-650: The 26 richest countries, and it is the 2nd most unequal country in Europe. The New York Times in 2005 described Ireland as the "Wild West of European finance", a perception that helped prompt the creation of the Irish Financial Services Regulatory Authority . Despite its mandate for stricter oversight, the agency never imposed major sanctions on any Irish institution, even though Ireland had experienced several major banking scandals in overcharging of their customers. Industry representatives disputed

7535-403: The 6th century, used the Latin alphabet and is attested primarily in marginalia to Latin manuscripts. During this time, the Irish language absorbed some Latin words, some via Old Welsh , including ecclesiastical terms : examples are easpag (bishop) from episcopus , and Domhnach (Sunday, from dominica ). By the 10th century, Old Irish had evolved into Middle Irish , which

7672-512: The Act all detailing different aspects of the use of Irish in official documentation and communication. Included in these sections are subjects such as Irish language use in official courts, official publications, and placenames. The Act was recently amended in December 2019 in order to strengthen the already preexisting legislation. All changes made took into account data collected from online surveys and written submissions. The Official Languages Scheme

7809-438: The Celtic Tiger has now gone the "way of the dodo ". In early 2008, many commentators thought a soft landing was likely, but by January 2009, it seemed possible the country could experience a depression . In early January 2009, The Irish Times , in an editorial, declared: "We have gone from the Celtic Tiger to an era of financial fear with the suddenness of a Titanic -style shipwreck, thrown from comfort, even luxury, into

7946-452: The Economic and Social Research Institute, prior to the crash, found that fears over wider social inequality, declining community life, and a more selfish, materialist approach to life were largely unfounded, and that the social impact of the Celtic Tiger had largely been positive. The economic boom led to lower levels of emigration and higher immigration than had historically been the case, while

8083-463: The European Union , only co-decision regulations were available until 2022, due to a five-year derogation, requested by the Irish Government when negotiating the language's new official status. The Irish government had committed itself to train the necessary number of translators and interpreters and to bear the related costs. This derogation ultimately came to an end on 1 January 2022, making Irish

8220-509: The International Monetary Fund ( IMF ) and the European Union. Unemployment in Ireland was forecasted to rise almost 17 per cent in 2010, the Economic and Social Research Institute (ESRI) stated in a report published on 28 April 2009, however, the unemployment rate in 2010 steadied at 14%. In 2010, the unemployment rate was at 14.8 per cent, and in order to escape economic downfall, Ireland requested €67.5 billion ($ 85.7 billion) from

8357-509: The International Monetary Fund and members of the euro area. Taking the money meant accepting austerity. The economic contraction in Ireland ended in 2015, when the economy began growing. The economy began outpacing the rest of the European Union after this period. The economy of Ireland continued to grow in 2022 rising by 11%, although projected to slow with the global recession . The Celtic Tiger had more than just an economic impact, impacting also Ireland's social backdrop. 2007 research by

SECTION 60

#1732845523216

8494-549: The Irish GDP per capita rose dramatically to equal, then eventually surpass, that of all but one state in Western Europe. Although GDP does not represent the standard of living , and the GNP remained lower than the GDP, in 2007, the GNP achieved the same level as of some other Western European countries'. Historian R. F. Foster argues the cause was a combination of a new sense of initiative and

8631-536: The Irish language policy followed by Irish governments as a "complete and absolute disaster". The Irish Times , referring to his analysis published in the Irish language newspaper Foinse , quoted him as follows: "It is an absolute indictment of successive Irish Governments that at the foundation of the Irish State there were 250,000 fluent Irish speakers living in Irish-speaking or semi Irish-speaking areas, but

8768-597: The Republic of Ireland ), new appointees to the Civil Service of the Republic of Ireland , including postal workers , tax collectors , agricultural inspectors, Garda Síochána (police), etc., were required to have some proficiency in Irish. By law, a Garda who was addressed in Irish had to respond in Irish as well. In 1974, in part through the actions of protest organisations like the Language Freedom Movement ,

8905-533: The UK had often been the subject of criticism, Peader Kirby argued that the new ties to the US economy were met with a "satisfied silence". Nevertheless, voices on the political left have decried the "closer to Boston than Berlin" philosophy of the Fianna Fáil-Progressive Democrat government . Writers such as William Wall , Mike McCormick, and Gerry Murphy have satirised these developments. Growing wealth

9042-536: The UK's 160,000 – a nation that has 15 times Ireland's population. House prices doubled between 2000 and 2006; tax incentives were a key driver of this price rise, and the Fianna Fáil - Progressive Democrats government subsequently received substantial criticism for these policies. In January 2009, UCD economist Morgan Kelly predicted that house prices would fall by 80% from peak to trough in real terms. Rising wages, inflation, and excessive public spending led to

9179-428: The United Kingdom, and pumping huge subsidies and investment capital into the Irish economy. Frederic Mishkin has also suggested that the economic boom partly resulted from the austerity plan of Charles Haughey (Taoiseach from 1987 to 1992). People and businesses expected a stable economy, boosting their confidence to spend and invest due to anticipated stability in output. Many economists credit Ireland's growth to

9316-405: The accountancy divisions of Philips and Dell. One of the major challenges facing Ireland is the successful promotion of indigenous industry. Although Ireland boasted a few large international companies, such as AIB , CRH, Élan , Kerry Group , Ryanair , and Smurfit Kappa , there are few companies with over one billion euros in annual revenue. The government has charged Enterprise Ireland with

9453-427: The accounting year. ) So for example if a car manufacturer buys auto parts , assembles the car and sells it, only the final car sold is counted towards the GDP. Meanwhile, if a person buys replacement auto parts to install them on their car, those are counted towards the GDP. According to the U.S. Bureau of Economic Analysis, which is responsible for calculating the national accounts in the United States, "In general,

9590-547: The additional purpose to invest in science initiatives that aim to further Ireland's knowledge economy . The time zone difference allows Irish and British employees to work the first part of each day while US workers sleep. US firms were drawn to Ireland by cheap wage costs compared to the UK, and by the limited government intervention in business compared to other EU members, and particularly to countries in Eastern Europe. Growing stability in Northern Ireland brought about by

9727-682: The beginning of the following academic year. For a number of years there has been vigorous debate in political, academic and other circles about the failure of most students in English-medium schools to achieve competence in Irish, even after fourteen years of teaching as one of the three main subjects. The concomitant decline in the number of traditional native speakers has also been a cause of great concern. In 2007, filmmaker Manchán Magan found few Irish speakers in Dublin , and faced incredulity when trying to get by speaking only Irish in Dublin. He

9864-417: The boom in 2004 was claimed to be primarily the result of the large construction sector's catching up with the demand caused by the first boom. The construction sector represented nearly 12% of GDP and a large proportion of employment among young, unskilled men. A number of sources, including The Economist , warned of excessive Irish property values . 2004 saw the construction of 80,000 new homes, compared to

10001-540: The concept of GDP should be distinguished from the history of changes in many ways of estimating it. The value added by firms is relatively easy to calculate from their accounts, but the value added by the public sector , by financial industries, and by intangible asset creation is more complex. These activities are increasingly important in developed economies, and the international conventions governing their estimation and their inclusion or exclusion in GDP regularly change in an attempt to keep up with industrial advances. In

10138-557: The country gain access to Europe's large markets. Ireland's trade had previously been predominantly with the United Kingdom . In the 1990s, the provision of subsidies and investment capital by Irish state organisations (such as IDA Ireland ) encouraged high-profile companies, such as Dell , Intel , and Microsoft , to locate in Ireland; these companies were attracted to Ireland because of its EU membership, relatively low wages, government grants , and low tax rates. Enterprise Ireland,

10275-401: The country. GDP per capita is often used as an indicator of living standards. The major advantage of GDP per capita as an indicator of the standard of living is that it is measured frequently, widely, and consistently. It is measured frequently in that most countries provide information on GDP every quarter, allowing trends to be seen quickly. It is measured widely in that some measure of GDP

10412-619: The early 1960s and late 1990s. An Tíogar Ceilteach , the Irish language version of the term, appears in the Foras na Gaeilge terminology database and has been used in government and administrative contexts since at least 2005. The Celtic Tiger period has also been called "The Boom" or "Ireland's Economic Miracle". During that time, the country experienced a period of economic growth that transformed it from one of Western Europe's poorer countries into one of its wealthiest. The causes of Ireland's growth are

10549-594: The economy posted a growth rate of 6.7% marked the beginning of a new period of strong economic growth. The colloquial term "Celtic Tiger" has been used to refer to the country itself, and to the years associated with the boom. The first recorded use of the phrase is in a 1994 Morgan Stanley report by Kevin Gardiner. The term refers to Ireland's similarity to the East Asian Tigers : Hong Kong, Singapore, South Korea, and Taiwan during their periods of rapid growth between

10686-598: The end of 2007, and average industrial wages grew at one of the highest rates in Europe. Inflation brushed 5% per annum towards the end of the "Tiger" period, pushing Irish prices up to those of Nordic Europe, even though wage rates are roughly the same as in the UK. The national debt had remained constant during the boom, but the GDP to debt ratio rose, due to the dramatic rise in GDP. The new wealth resulted in large investments in modernising Irish infrastructure and cities. The National Development Plan led to improvements in roads, and new transport services were developed, such as

10823-468: The end of the famine, and under 17,000 by 1911. Irish is recognised by the Constitution of Ireland as the national and first official language of Republic of Ireland (English being the other official language). Despite this, almost all government business and legislative debate is conducted in English. In 1938, the founder of Conradh na Gaeilge (Gaelic League), Douglas Hyde , was inaugurated as

10960-542: The entry of American corporations such as Intel . He concludes the chief factors were low taxation, pro-business regulatory policies, and a young, tech-savvy workforce. For many multinationals, the decision to do business in Ireland was made easier still by generous incentives from the Industrial Development Authority . In addition European Union membership was helpful, giving the country lucrative access to markets that it had previously reached only through

11097-545: The first President of Ireland . The record of his delivering his inaugural Declaration of Office in Roscommon Irish is one of only a few recordings of that dialect. In the 2016 census, 10.5% of respondents stated that they spoke Irish, either daily or weekly, while over 70,000 people (4.2%) speak it as a habitual daily means of communication. From the foundation of the Irish Free State in 1922 (see History of

11234-529: The following decade until 2008, when it fell into recession . Ireland's rapid economic growth has been described as a rare example of a Western country matching the growth of East Asian nations, i.e. the ' Four Asian Tigers '. The economy underwent a dramatic reversal from 2008, affected by the Great Recession and ensuing European debt crisis , with GDP contracting by 14% and unemployment levels rising to 14% by 2011. The recession lasted until 2014. In 2015,

11371-464: The gap between the highest and lowest income households widened in the five-year period to 2004–2005; in response, the Economic and Social Research Institute (ESRI) stated in 2002: "On balance, budgets over the past 10 to 20 years have been more favourable to high income groups than low income groups, but particularly so during periods of high growth". Unemployment fell from 18% in the late 1980s to 4.5% by

11508-408: The government of the time acknowledged the continuing strain on some public services and that the "provision of social housing, childcare and the integration of newcomers" remained political priorities. [3] Irish language Irish ( Standard Irish : Gaeilge ), also known as Irish Gaelic or simply Gaelic ( / ˈ ɡ eɪ l ɪ k / GAY -lik ), is a Celtic language of

11645-438: The growth throughout this period was merely due to a great increase in property values , and to catch-up growth in employment in the construction sector. Globally, the U.S. recovery boosted Ireland's economy due to Ireland's close economic ties to the US. The decline in tourism as a result of foot and mouth disease and the 11 September 2001 attacks had reversed itself. The recovery of the global information technology industry

11782-506: The idea that Ireland may be home to unchecked financial frauds. In December 2008, irregularities in directors' loans that had been kept off one bank's balance sheet for eight years forced the resignation of the Financial Regulator . Economic commentator David McWilliams has described the collapse of Anglo Irish Bank as Ireland's Enron . In an economic analysis, the Economic and Social Research Institute (ESRI) on 24 June 2008 forecast

11919-553: The income approach. A common one is: The sum of COE , GOS and GMI is called total factor income; it is the income of all of the factors of production in society. It measures the value of GDP at factor (basic) prices. The difference between basic prices and final prices (those used in the expenditure calculation) is the total taxes and subsidies that the government has levied or paid on that production. So adding taxes less subsidies on production and imports converts GDP(I) at factor cost to GDP(I) at final prices. Total factor income

12056-443: The information required (especially information on expenditure and production by governments). The raw GDP figure as given by the equations above is called the nominal, historical, or current GDP. When one compares GDP figures from one year to another, it is desirable to compensate for changes in the value of money—for the effects of inflation or deflation. To make it more meaningful for year-to-year comparisons, it may be multiplied by

12193-684: The international market. Total GDP can also be broken down into the contribution of each industry or sector of the economy. GDP is often used as a metric for international comparisons as well as a broad measure of economic progress . It is often considered to be the world's most powerful statistical indicator of national development and progress. However, critics of the growth imperative often argue that GDP measures were never intended to measure progress, and leave out key other externalities , such as resource extraction , environmental impact and unpaid domestic work . Alternative economic indicators such as doughnut economics use other measures, such as

12330-698: The language family, is derived from the Old Irish term. Endonyms of the language in the various modern Irish dialects include: Gaeilge [ˈɡeːlʲɟə] in Galway, Gaeilg / Gaeilic / Gaeilig [ˈɡeːlʲəc] in Mayo and Ulster , Gaelainn / Gaoluinn [ˈɡeːl̪ˠən̠ʲ] in West/Cork, Kerry Munster , as well as Gaedhealaing in mid and East Kerry/Cork and Waterford Munster to reflect local pronunciation. Gaeilge also has

12467-410: The language was in use by all classes, Irish being an urban as well as a rural language. This linguistic dynamism was reflected in the efforts of certain public intellectuals to counter the decline of the language. At the end of the 19th century, they launched the Gaelic revival in an attempt to encourage the learning and use of Irish, although few adult learners mastered the language. The vehicle of

12604-425: The language. For most of recorded Irish history , Irish was the dominant language of the Irish people , who took it with them to other regions , such as Scotland and the Isle of Man , where Middle Irish gave rise to Scottish Gaelic and Manx . It was also, for a period, spoken widely across Canada , with an estimated 200,000–250,000 daily Canadian speakers of Irish in 1890. On the island of Newfoundland ,

12741-593: The media considered that an opportunity to document the return of the Celtic Tiger ;– occasionally referred to in the press as the "Celtic Tiger 2" and "Celtic Tiger Mark 2". In 2004, Irish growth was the highest, at 4.5%, of the EU-15 states, and a similar figure was forecast for 2005. Those rates contrast with growth rates of 1% to 3% for many other European economies, including France, Germany, and Italy . The pace of expansion in lending to households from 2003 to 2007

12878-563: The mid-18th century, English was becoming a language of the Catholic middle class, the Catholic Church and public intellectuals, especially in the east of the country. Increasingly, as the value of English became apparent, parents sanctioned the prohibition of Irish in schools. Increasing interest in emigrating to the United States and Canada was also a driver, as fluency in English allowed

13015-771: The name of the language is Gaeilge , from the South Connacht form, spelled Gaedhilge prior the spelling reform of 1948, which was originally the genitive of Gaedhealg , the form used in Classical Gaelic . The modern spelling results from the deletion of the silent ⟨dh⟩ in Gaedhilge . Older spellings include Gaoidhealg [ˈɡeːʝəlˠəɡ] in Classical Gaelic and Goídelc [ˈɡoiðʲelɡ] in Old Irish . Goidelic , used to refer to

13152-446: The national grid are solved. Wind power by November 2009 already accounted for 15.4% of total installed generating capacity in the state. By 2020, the Irish government forecasts that 40% of the country's energy needs will come from renewable sources, well above the EU average. Ireland's new wealth is unevenly distributed. The United Nations reported in 2004 that Ireland was second only to the US in inequality among Western nations. There

13289-463: The new immigrants to get jobs in areas other than farming. An estimated one quarter to one third of US immigrants during the Great Famine were Irish speakers. Irish was not marginal to Ireland's modernisation in the 19th century, as is often assumed. In the first half of the century there were still around three million people for whom Irish was the primary language, and their numbers alone made them

13426-639: The number now is between 20,000 and 30,000." In the 1920s, when the Irish Free State was founded, Irish was still a vernacular in some western coastal areas. In the 1930s, areas where more than 25% of the population spoke Irish were classified as Gaeltacht . Today, the strongest Gaeltacht areas, numerically and socially, are those of South Connemara , the west of the Dingle Peninsula , and northwest Donegal, where many residents still use Irish as their primary language. These areas are often referred to as

13563-619: The number of daily users in Ireland outside the education system, which in 2022 was 20,261 in the Gaeltacht and 51,707 outside it, totalling 71,968. In response to the 2021 census of Northern Ireland , 43,557 individuals stated they spoke Irish on a daily basis, 26,286 spoke it on a weekly basis, 47,153 spoke it less often than weekly, and 9,758 said they could speak Irish, but never spoke it. From 2006 to 2008, over 22,000 Irish Americans reported speaking Irish as their first language at home, with several times that number claiming "some knowledge" of

13700-498: The other official language, if not already passed in both official languages. In November 2016, RTÉ reported that over 2.3 million people worldwide were learning Irish through the Duolingo app. Irish president Michael D. Higgins officially honoured several volunteer translators for developing the Irish edition, and said the push for Irish language rights remains an "unfinished project". There are rural areas of Ireland where Irish

13837-539: The political party holding power in the Stormont Parliament , the Ulster Unionist Party (UUP), was hostile to the language. The context of this hostility was the use of the language by nationalists. In broadcasting, there was an exclusion on the reporting of minority cultural issues, and Irish was excluded from radio and television for almost the first fifty years of the previous devolved government. After

13974-529: The population is the Per capita income . The international standard for measuring GDP is contained in the book System of National Accounts (2008), which was prepared by representatives of the International Monetary Fund , European Union , Organisation for Economic Co-operation and Development , United Nations and World Bank . The publication is normally referred to as SNA2008 to distinguish it from

14111-512: The possibility the Irish economy would experience marginal negative growth in 2008. This would be the first time since 1983. Outlining possible prospects for the economy for 2008, the ESRI said output of goods and services might fall that year—which would have been the Irish definition of a mild recession. It also predicted a recovery in 2009 and 2010. In September 2008, Ireland became the first eurozone country to officially enter recession . The recession

14248-430: The previous edition published in 1993 (SNA93) or 1968 (called SNA68) SNA2008 provides a set of rules and procedures for the measurement of national accounts. The standards are designed to be flexible, to allow for differences in local statistical needs and conditions. Within each country GDP is normally measured by a national government statistical agency, as private sector organizations normally do not have access to

14385-503: The products must be bought by somebody, therefore the value of the total product must be equal to people's total expenditures in buying things. The income approach works on the principle that the incomes of the productive factors ("producers", colloquially) must be equal to the value of their product, and determines GDP by finding the sum of all producers' incomes. Also known as the Value Added Approach, it calculates how much value

14522-436: The rate of economic expansion. Signs of a recovery became evident in late 2003, as US investment levels increased once again. Many senior economists have heavily criticised the government for the economic imbalance in favour of the construction industry, and the prospect of sustaining economic growth in the future. After the slowdown in 2001 and 2002, Irish economic growth began to accelerate again in late 2003 and 2004. Some of

14659-445: The ratio between the value of money in the year the GDP was measured and the value of money in a base year. For example, suppose a country's GDP in 1990 was $ 100 million and its GDP in 2000 was $ 300 million . Suppose also that inflation had halved the value of its currency over that period. To meaningfully compare its GDP in 2000 to its GDP in 1990, we could multiply the GDP in 2000 by one-half, to make it relative to 1990 as

14796-487: The relationship between the three Goidelic languages (Irish, Scottish Gaelic and Manx). Gaelic is a collective term for the Goidelic languages, and when the context is clear it may be used without qualification to refer to each language individually. When the context is specific but unclear, the term may be qualified, as Irish Gaelic, Scottish Gaelic or Manx Gaelic. Historically the name "Erse" ( / ɜːr s / URS )

14933-432: The requirement for entrance to the public service was changed to proficiency in just one official language. Nevertheless, Irish remains a required subject of study in all schools in the Republic of Ireland that receive public money (see Education in the Republic of Ireland ). Teachers in primary schools must also pass a compulsory examination called Scrúdú Cáilíochta sa Ghaeilge . As of 2005, Garda Síochána recruits need

15070-408: The rest of the world bounces back.” The International Monetary Fund in mid-April 2009 forecast a very poor outlook for Ireland. It projected that the Irish economy would contract by 8 per cent in 2009 and by 3 per cent in 2010 – and that might be on the optimistic side. On 19 November 2010, the Irish government began talks on a multibillion-dollar economic assistance package with experts from

15207-518: The rest of the world minus income payments to the rest of the world. In 1991, the United States switched from using GNP to using GDP as its primary measure of production. The relationship between United States GDP and GNP is shown in table 1.7.5 of the National Income and Product Accounts . Another example that amplifies the difference between GDP and GNI is the comparison of developed and developing country indicators. The GDP of Japan for 2020

15344-457: The retail and service sectors. A study conducted in 2006 found that many Irish people regarded immigration as an important factor for economic progress. Within Ireland, many young people left the rural countryside to live and work in urban centres. Many people in Ireland believe that the growing consumerism during the boom years eroded the country's culture , with the adoption of American capitalist ideals. While Ireland's historical economic ties to

15481-625: The revival was the Gaelic League ( Conradh na Gaeilge ), and particular emphasis was placed on the folk tradition, which in Irish is particularly rich. Efforts were also made to develop journalism and a modern literature. Although it has been noted that the Catholic Church played a role in the decline of the Irish language before the Gaelic Revival, the Protestant Church of Ireland also made only minor efforts to encourage use of Irish in

15618-582: The riskiest in the euro zone, surpassing Greece's sovereign bonds, according to credit-default swap prices. In February 2009, Taoiseach Brian Cowen said that Ireland's economy appeared on course to contract by 6.5% in 2009. Former Taoiseach Garret FitzGerald blamed Ireland's dire economic state in 2009 on a series of "calamitous" government policy errors. Between the years of 2000 and 2003 the then Finance Minister Charlie McCreevy boosted public spending by 48% while cutting income tax . A second problem occurred when government policies allowed, or even encouraged,

15755-408: The same result. They are the production (or output or value added) approach, the income approach, and the speculated expenditure approach. It is representative of the total output and income within an economy. The most direct of the three is the production approach, which sums up the outputs of every class of enterprise to arrive at the total. The expenditure approach works on the principle that all of

15892-401: The source data for the expenditures components are considered more reliable than those for the income components [see income method, above]." Encyclopedia Britannica records an alternate way of measuring exports minus imports: notating it as the single variable NX. GDP can be contrasted with gross national product (GNP) or, as it is now known, gross national income (GNI). The difference

16029-473: The subject of some debate, but credit has been primarily given to state-driven economic development; social partnership among employers, government and trade unions ; increased participation by women in the labour force; decades of investment in domestic higher education; targeting of foreign direct investment ; a low corporation tax rate; an English-speaking workforce; and membership of the European Union , which provided transfer payments and export access to

16166-437: The task of boosting Ireland's indigenous industry and launched a website in 2003 with the objective of streamlining and marketing the process of starting a business in Ireland. Ireland relies on imported fossil fuels for over 80% of its energy. Ireland for many years in the middle twentieth century limited its dependence on external energy sources by developing its peat bogs, building various hydroelectric projects, including

16303-536: The total expenditure used to buy things is a way of measuring production. This is known as the expenditure method of calculating GDP. GDP (Y) is the sum of consumption (C) , investment (I) , government expenditures (G) and net exports (X − M) . Here is a description of each GDP component: C , I , and G are expenditures on final goods and services; expenditures on intermediate goods and services do not count. (Intermediate goods and services are those used by businesses to produce other goods and services within

16440-439: The total population of the region is the GDP per capita and can approximate a concept of a standard of living . Nominal GDP does not reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) may be more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on

16577-705: The vacancy to which they are appointed. This requirement is laid down by the University College Galway Act, 1929 (Section 3). In 2016, the university faced controversy when it announced the planned appointment of a president who did not speak Irish. Misneach staged protests against this decision. The following year the university announced that Ciarán Ó hÓgartaigh , a fluent Irish speaker, would be its 13th president. He assumed office in January 2018; in June 2024, he announced he would be stepping down as president at

16714-473: The words of one academic economist, "The actual number for GDP is, therefore, the product of a vast patchwork of statistics and a complicated set of processes carried out on the raw data to fit them to the conceptual framework." China officially adopted GDP in 1993 as its indicator of economic performance. Previously, China had relied on a Marxist-inspired national accounting system. GDP can be determined in three ways, all of which should, theoretically, give

16851-594: The work of such writers as Geoffrey Keating , is said to date from the 17th century, and was the medium of popular literature from that time on. From the 18th century on, the language lost ground in the east of the country. The reasons behind this shift were complex but came down to a number of factors: The change was characterised by diglossia (two languages being used by the same community in different social and economic situations) and transitional bilingualism (monoglot Irish-speaking grandparents with bilingual children and monoglot English-speaking grandchildren). By

16988-526: Was a major player in the IT industry: in 2002, it had exported US$ 10.4 billion worth of computer services, compared to $ 6.9 billion from the US. Ireland accounted for approximately 50% of all mass-market packaged software sold in Europe in 2002 (OECD, 2002; OECD, 2004). Foot and mouth disease and the 11 September 2001 attacks damaged Ireland's tourism and agricultural sectors , deterring U.S. and British tourists. Several companies moved operations to Eastern Europe and

17125-476: Was also a factor; Ireland produced 25% of all European PCs , and Apple , Dell (whose major European manufacturing plant was in Limerick ), HP , and IBM all had sizeable Irish operations. There had been a renewed investment by multinational firms. Intel had resumed its Irish expansion, Google created an office in Dublin , Abbott Laboratories was building a new Irish facility, and Bell Labs planned to open

17262-523: Was also sometimes used in Scots and then in English to refer to Irish; as well as Scottish Gaelic. Written Irish is first attested in Ogham inscriptions from the 4th century AD, a stage of the language known as Primitive Irish . These writings have been found throughout Ireland and the west coast of Great Britain. Primitive Irish underwent a change into Old Irish through the 5th century. Old Irish, dating from

17399-518: Was among the highest in the euro area In 2006, there was a surge in Foreign Direct Investment and a net increase of 3,795 in IDA supported jobs, with International and Financial Services having the highest growth rate. The reasons for the continuation of the Irish economic boom were somewhat controversial within Ireland. Some Economists, Civil Rights Activists and Social Commentators have said that

17536-577: Was blamed for rising crime levels among youths, particularly alcohol-related violence resulting from increased spending power. However, it was also accompanied by rapidly increased life expectancy and very high quality of life ratings; the country ranked first in The Economist' s 2005 quality of life index, dropping to 12th by 2013. The growing success of Ireland's economy encouraged entrepreneurship and risk-taking, qualities that had been dormant during poor economic periods. However, whilst some semblance of

17673-528: Was confirmed by figures from the Central Statistics Office showing the bursting of the property bubble and a collapse in consumer spending that terminated the boom that was the Celtic Tiger. The figures show the gross domestic product (GDP), which measures the value of all the goods and services produced in the State, fell 0.8% in the second three months of 2008 compared with the same quarter of 2007. That

17810-643: Was enacted 1 July 2019 and is an 18-page document that adheres to the guidelines of the Official Languages Act 2003 . The purpose of the Scheme is to provide services through the mediums of Irish and/or English. According to the Department of the Taoiseach, it is meant to "develop a sustainable economy and a successful society, to pursue Ireland's interests abroad, to implement the Government's Programme and to build

17947-492: Was establishing itself as the primary language. Irish speakers had first arrived in Australia in the late 18th century as convicts and soldiers, and many Irish-speaking settlers followed, particularly in the 1860s. New Zealand also received some of this influx. Argentina was the only non-English-speaking country to receive large numbers of Irish emigrants, and there were few Irish speakers among them. GDP The ratio of GDP to

18084-483: Was first developed by Simon Kuznets for a 1934 U.S. Congress report, where he warned against its use as a measure of welfare (see below under limitations and criticisms ). After the Bretton Woods Conference in 1944, GDP became the main tool for measuring a country's economy. At that time gross national product (GNP) was the preferred estimate, which differed from GDP in that it measured production by

18221-465: Was passed 14 July 2003 with the main purpose of improving the number and quality of public services delivered in Irish by the government and other public bodies. Compliance with the Act is monitored by the An Coimisinéir Teanga (Irish Language Commissioner) which was established in 2004 and any complaints or concerns pertaining to the Act are brought to them. There are 35 sections included in

18358-449: Was reversed as the republic became a destination for immigrants. This significantly changed Irish demographics and resulted in expanding multiculturalism , particularly in the Dublin , Cork , Limerick , and Galway areas. It was estimated in 2007 that 10% of Irish residents were foreign-born; most of the new arrivals were citizens of Poland and the Baltic states, many of whom found work in

18495-678: Was spoken throughout Ireland, Isle of Man and parts of Scotland . It is the language of a large corpus of literature, including the Ulster Cycle . From the 12th century, Middle Irish began to evolve into modern Irish in Ireland, into Scottish Gaelic in Scotland, and into the Manx language in the Isle of Man . Early Modern Irish , dating from the 13th century, was the basis of the literary language of both Ireland and Gaelic-speaking Scotland. Modern Irish, sometimes called Late Modern Irish, as attested in

18632-466: Was the second successive quarter of negative economic growth, which is one definition of a recession. The Celtic Tiger was declared dead by October 2008. In a November 2008 interview in Hot Press , in a grim assessment of where Ireland stood, then Taoiseach Brian Cowen said many people still did not realise how badly shaken the public finances were. By 30 January 2009, Ireland's government debt had become

18769-442: Was unable to accomplish some everyday tasks, as portrayed in his documentary No Béarla . There is, however, a growing body of Irish speakers in urban areas, particularly in Dublin. Many have been educated in schools in which Irish is the language of instruction. Such schools are known as Gaelscoileanna at primary level. These Irish-medium schools report some better outcomes for students than English-medium schools. In 2009,

#215784