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Recalling the Celtic Tiger

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Edited By Eamon Maher, Eugene O'Brien and Brian Lucey

This book looks at various effects, symptoms and consequences of the period in Irish culture known as the Celtic Tiger. It will trace the critical pathway from boom to bust – and up to the current beginnings of a similar, smaller boom – through events, personalities and products. The short entries offer a sense of the lived experience of this seismic period in contemporary Irish society.

While clearly not all aspects of the period could realistically be covered, the book does contain essential information about the central actors, events, themes, and economic trends, which are discussed in a readable and accessible manner. Each entry is linked to the overall Celtic Tiger phenomenon and its immediate aftermath.

The book also provides a comprehensive account of what happened in this period and will be a factual resource for anyone anxious to discover information on the areas most commonly connected to it. All entries are written by experts in the area. The contributors include broadcasters, economists, cultural theorists, sociologists, literary critics, journalists, politicians and writers, each of whom brings particular insights to some aspect of the Celtic Tiger.

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Bord Snip Nua (Charles Larkin)

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Charles Larkin

Bord Snip Nua

Bord Snip Nua was the media term applied to the Colm McCarthy report of the Special Group on Public Service Numbers and Expenditure Programmes, published on July 16, 2009, outlining proposals for consolidating the fiscal position of the Irish State following the collapse of the property bubble in 2008.

Retired UCD economist Colm McCarthy was originally employed in 1987 to perform a similar piece of work as part of the late 1980s consolidation of the Irish fiscal position, which was called ‘Bord Snip’ by the Irish media at the time. ‘Nua’, being the Irish term for ‘new’, resulted in this second report by McCarthy being titled ‘Bord Snip Nua’. The 1980s consolidation gave rise to a mythos of the ‘expansionary fiscal contraction’, a phenomenon for which limited empirical evidence has been found, but which became a popular explanation for the rapid economic expansion of Ireland in the early 1990s.

The cuts proposed constituted €5.3bn in savings with the loss of 17,500 public service positions. The application of the recommendations was incomplete on the part of the government of the time, with around €1.7bn in overall cuts imposed. The cycles of Financial Emergency Measures in the Public Interest and the Employment Control Framework progressed much of the consolidation in the public and civil service, with staff pay reductions and staff number reductions (by retirement and natural wastage as far as practicable). As of 2019 nominal pay restoration...

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