"September brings a hint of autumn’s promise! Happy September @TRY3STEPS.COM
Dear Reader, If you use TRY3STEPS a lot, this message is for you. This incredible nonprofit organization helps the world with answers. We love you, we share answers. Your love helps us thrive. The more we give, the more we have! Thank you for inspiring us. (Secure PayPal)

*Everything counts! No minimum transaction limit!
Stay Updated with the World! Subscribe Now:: YouTube.com/c/Try3Steps
Say Hello to Try3Steps Group! Join Now:: GoogleGroup@Try3Steps

Search Another Question

Showing posts with label The Celtic Tiger. Show all posts
Showing posts with label The Celtic Tiger. Show all posts

Jun 23, 2018

[Ans] Which country's economic policies earned it the title "The Celtic Tiger?"

Step 1 : Introduction to the question "Which country's economic policies earned it the title "The Celtic Tiger?""



.."Celtic Tiger" (Irish: An Tíogar Ceilteach) is a term referring to the economy of the Republic 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 poor country by West European standards, with high poverty, unemployment, inflation, and low 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 the following decade until 2008, when it fell into recession. Ireland's rapid growth has been described as a rare example of a Western country to match the growth of East Asian nations, i.e. the 'Four Asian Tigers'.