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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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Honohan, Patrick (Megan Greene)

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Megan Greene

Honohan, Patrick

Patrick Honohan served as the Governor of the Central Bank of Ireland, and as a member of the governing council of the ECB from 2009 to 2015. Before running Ireland’s national Central Bank, Mr Honohan was a Professor of International Financial Economics and Development at Trinity College, Dublin, and has also worked as a senior advisor on financial sector policy at the World Bank and as a Research Professor with the Economic and Social Research Institute.

Mr Honohan was appointed governor of the Central Bank by then Finance Minister Brian Lenihan. This represented a break from tradition, as typically the most senior civil servant in the Department of Finance was promoted to the position. As Central Bank Governor, Mr Honohan developed a reputation for having academic rigour, being a straight-talker and ensuring his office’s independence from government (which had not always previously been the case). The latter two qualities were in full display in November 2010, a time when government officials were vehemently denying that Ireland was in talks with the IMF, European Commission and ECB about a bailout programme. Mr Honohan called RTÉ’s Morning Ireland programme to contradict the government on the record and reveal a bailout was in fact imminent.

One of Mr Honohan’s legacies is the May 2010 Report on the Irish Banking Crisis, the so-called ‘Honohan Report’. This report was an in-depth analysis of the regulatory and supervisory shortcomings that contributed to the...

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