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Author: William K. Roche Publisher: Oxford University Press ISBN: 0198792379 Category : Business & Economics Languages : en Pages : 369
Book Description
In international commentary and debate on the effects of the Great Recession and austerity, Ireland has been hailed as the poster child for economic recovery and regeneration out of deep economic and fiscal contraction. While the genesis of Ireland's financial, economic, and fiscal crisis has been covered in the literature, no systematic analysis has yet been devoted to the period of austerity, to the impact of austerity on institutions and people, or to the roots of economic recovery. In this book a group of Ireland's leading social scientists present a multidisciplinary analysis of recession and austerity and their effects on economic, business, political, and social life. Individual chapters discuss the fiscal and economic policies implemented, the role of international, and, in particular, of EU institutions, and the effects on businesses, consumption, work, the labour market, migration, political and financial institutions, social inequality and cohesion, housing, and cultural expression. The book shows that Ireland cannot be viewed uncritically as a poster child for austerity. While fiscal contraction provided a basis for stabilizing the perilous finances of the state, economic recovery was due in the main to the long-established structure of Irish economic and business activity, to the importance of foreign direct investment and the dynamic export sector, and to recovery in the international economy. The restructuring and recovery of the financial system was aided by favourable international developments, including historically low interest rates and quantitative easing. Migration flows, nominal wage stability, the protection of social transfer payments, and the involvement of trade unions in severe public sector retrenchment - long-established features of Irish political economy - were of critical importance in the maintenance of social cohesion.
Author: William K. Roche Publisher: Oxford University Press ISBN: 0198792379 Category : Business & Economics Languages : en Pages : 369
Book Description
In international commentary and debate on the effects of the Great Recession and austerity, Ireland has been hailed as the poster child for economic recovery and regeneration out of deep economic and fiscal contraction. While the genesis of Ireland's financial, economic, and fiscal crisis has been covered in the literature, no systematic analysis has yet been devoted to the period of austerity, to the impact of austerity on institutions and people, or to the roots of economic recovery. In this book a group of Ireland's leading social scientists present a multidisciplinary analysis of recession and austerity and their effects on economic, business, political, and social life. Individual chapters discuss the fiscal and economic policies implemented, the role of international, and, in particular, of EU institutions, and the effects on businesses, consumption, work, the labour market, migration, political and financial institutions, social inequality and cohesion, housing, and cultural expression. The book shows that Ireland cannot be viewed uncritically as a poster child for austerity. While fiscal contraction provided a basis for stabilizing the perilous finances of the state, economic recovery was due in the main to the long-established structure of Irish economic and business activity, to the importance of foreign direct investment and the dynamic export sector, and to recovery in the international economy. The restructuring and recovery of the financial system was aided by favourable international developments, including historically low interest rates and quantitative easing. Migration flows, nominal wage stability, the protection of social transfer payments, and the involvement of trade unions in severe public sector retrenchment - long-established features of Irish political economy - were of critical importance in the maintenance of social cohesion.
Author: Kieran Allen Publisher: Pluto Press ISBN: 9780745334011 Category : Business & Economics Languages : en Pages : 0
Book Description
Ireland has been marketed as the poster boy of EU austerity. EU elites and neoliberal commentators claim that the country's ability to suffer economic pain will attract investors and generate a recovery. In Austerity Ireland, Kieran Allen challenges this official narrative and argues that the Irish state's response to the crash has primarily been designed to protect economic privilege. The resulting austerity has been a failure and is likely to produce a decade of hardship. The book offers a deeply informed diagnosis of Ireland's current socio-economic and political malaise, suggesting that a political earthquake is underway which may benefit the left. Austerity Ireland is essential reading for students of Irish politics and economics, as well as those interested in the politics of austerity and the eurozone crisis.
Author: Colin Coulter Publisher: Manchester University Press ISBN: 1784996505 Category : Political Science Languages : en Pages : 315
Book Description
A radical look at the Irish austerity measures and the attempts to prop up business and the banks at the expense of ordinary citizens, left to bear the brunt of conditions they did not cause. Many of these contributors predicted Ireland's rapid cyle of boom and bust, even at the height of the Celtic Tiger boom.
Author: Emma Heffernan Publisher: ISBN: 9781908997685 Category : Budget deficits Languages : en Pages : 0
Book Description
The austerity that followed the recent economic and financial crisis in has led to impassioned debates across the social sciences and the public at large. Although Ireland was not its only victim, the depth of the interacting economic, banking and budgetary crises has meant that the level of public interest has been especially intense. Among the hotly debated questions: what is austerity? Was it necessary? What have been its consequences? One of the defining features of the debate to date has been its tendency to polarise opinion and adopt a one-dimensional perspective. This book challenges us to adopt a more nuanced approach to understandings of austerity, and by extension the path to recovery. The book brings together leading national and international experts from across the social sciences to debate this traumatic period in Ireland's economic and social development.The papers were selected from a conference at the Royal Irish Academy, peer-reviewed and rewritten with the addition of a substantial introduction and conclusion by the editors.
Author: Kieran Walsh Publisher: Policy Press ISBN: 1447316231 Category : Political Science Languages : en Pages : 208
Book Description
Demographic ageing is identified as a global challenge with significant social policy implications. This book explores these implications, with a particular focus on the pressures and prospects for ageing societies in the context of austerity. The book presents a carefully crafted study of ageing in Ireland, one of the countries hardest hit by the Eurozone financial crisis. Providing a close, critical analysis of ageing and social policy that draws directly on the perspectives of older people, the text makes significant advances in framing alternatives to austerity-driven government policy and neoliberalism, giving a refreshing interdisciplinary account of contemporary ageing.
Author: Mark Blyth Publisher: Oxford University Press ISBN: 0199389446 Category : Business & Economics Languages : en Pages : 305
Book Description
Selected as a Financial Times Best Book of 2013 Governments today in both Europe and the United States have succeeded in casting government spending as reckless wastefulness that has made the economy worse. In contrast, they have advanced a policy of draconian budget cuts--austerity--to solve the financial crisis. We are told that we have all lived beyond our means and now need to tighten our belts. This view conveniently forgets where all that debt came from. Not from an orgy of government spending, but as the direct result of bailing out, recapitalizing, and adding liquidity to the broken banking system. Through these actions private debt was rechristened as government debt while those responsible for generating it walked away scot free, placing the blame on the state, and the burden on the taxpayer. That burden now takes the form of a global turn to austerity, the policy of reducing domestic wages and prices to restore competitiveness and balance the budget. The problem, according to political economist Mark Blyth, is that austerity is a very dangerous idea. First of all, it doesn't work. As the past four years and countless historical examples from the last 100 years show, while it makes sense for any one state to try and cut its way to growth, it simply cannot work when all states try it simultaneously: all we do is shrink the economy. In the worst case, austerity policies worsened the Great Depression and created the conditions for seizures of power by the forces responsible for the Second World War: the Nazis and the Japanese military establishment. As Blyth amply demonstrates, the arguments for austerity are tenuous and the evidence thin. Rather than expanding growth and opportunity, the repeated revival of this dead economic idea has almost always led to low growth along with increases in wealth and income inequality. Austerity demolishes the conventional wisdom, marshaling an army of facts to demand that we austerity for what it is, and what it costs us.
Author: Stephen McBride Publisher: University of Toronto Press ISBN: 1487521952 Category : Political Science Languages : en Pages : 348
Book Description
"This volume focuses on the state's role in managing the fall-out from the global economic and financial crisis since 2008. For a brief moment, roughly from 2008-2010, governments and central banks appeared to borrow from Keynes to save the global economy. The contributors, however, take the view that to see those stimulus measures as "Keynesian" is a misinterpretation. Rather, neoliberalism demonstrated considerable resiliency despite its responsibility for the deep and prolonged crisis. The "austerian" analysis of the crisis is--historical, ignores its deeper roots, and rests upon a triumph of discourse involving blame-shifting from the under-regulated private sector to public or sovereign debt--for which the public authorities are responsible."--
Author: Julien Mercille Publisher: Springer ISBN: 1137468769 Category : Political Science Languages : en Pages : 211
Book Description
From bank bailouts to austerity, Europe's and Ireland's response to the economic crisis has been engineered specifically to shift the burden of paying for the crisis onto ordinary citizens while investors, financiers, bankers and the privileged are protected. The authors expose the class-based nature of Ireland's crisis resolution.
Author: Alberto Alesina Publisher: Princeton University Press ISBN: 0691208638 Category : Business & Economics Languages : en Pages : 290
Book Description
A revealing look at austerity measures that succeed—and those that don't Fiscal austerity is hugely controversial. Opponents argue that it can trigger downward growth spirals and become self-defeating. Supporters argue that budget deficits have to be tackled aggressively at all times and at all costs. Bringing needed clarity to one of today's most challenging economic issues, three leading policy experts cut through the political noise to demonstrate that there is not one type of austerity but many. Austerity assesses the relative effectiveness of tax increases and spending cuts at reducing debt, shows that austerity is not necessarily the kiss of death for political careers as is often believed, and charts a sensible approach based on data analysis rather than ideology.
Author: Deirdre Flynn Publisher: Routledge ISBN: 9781032075228 Category : Literary Criticism Languages : en Pages : 0
Book Description
Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Dedication -- Table of Contents -- List of Figures -- List of Contributors -- Acknowledgements -- 1 Irish Women's Writing and Culture Under the Shadow of Austerity -- Cycles of Boom and Bust: Austerity as Violence -- Social Change -- Irish Women's Writing and Austerity -- Woman as Nation -- Pregnancy and Motherhood -- Waking the Feminists: A Women's Protest -- Chapter Outlines -- Austerity, Feminism, and Conflict -- Arts and Austerity -- Race and Austerity -- Spaces of Austerity -- Notes -- Works Cited -- Section 1 Austerity, Feminism, and Conflict -- 2 Two Opposing Narratives?: The Field Day and LIP Pamphlets -- Disparate Fields of Power: The Field Day (1983-1988) and LIP Pamphlets (1989-1992) -- Overcoming Austerity By Opening Up the Irish Cultural Sphere -- Upholding and Dismantling Austerity: The Habitus of the Field Day and LIP Pamphlets -- "Compositional Codes": The LIP and Field Day Pamphlets -- The Aftermath of the Field Day Anthology I-III -- Notes -- Works Cited -- 3 Austerity, Conflict, and Second-Wave Feminism in the North of Ireland -- Introduction -- Forming Charabanc Theatre Company -- Illuminating Shared Herstories -- Second-Wave Feminism On the Island of Ireland -- Feminist Politics and the Female Gaze -- Consciousness-Raising Through Performance -- Artistic and Commercial Success -- Conclusion -- Notes -- Works Cited -- 4 #WakeUpIrishPoetry: Austerity and Activism in Contemporary Irish Poetry - A Personal Reflection -- Introduction -- Interlude: Reflections From the Background(s), Or the Hall of Mirrors, Or How We See Ourselves Disappear -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start? -- Is This Where I Start?.
Author: William K. Roche
Author: William K. Roche
Author: Kieran Allen
Author: Colin Coulter
Author: Emma Heffernan
Author: Kieran Walsh
Author: Mark Blyth
Author: Stephen McBride
Author: Julien Mercille
Author: Alberto Alesina
Author: Deirdre Flynn