[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'.

[Answer] 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?""

..Why has Ireland been called 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.Celtic Tiger - 

 

When did the Irish recession start and end?The Irish economy entered severe recession in 2008, and then entered into an economic depression in 2009. The Economic and Social Research Institute predicted an economic contraction of 14% by 2010. In the first quarter in 2009, GDP was down 8.5% from the same quarter the previous year, and GNP down 12%.

Step 2 : Answer to the question "Which country's economic policies earned it the title "The Celtic Tiger?""

Black Sabbath:

For more than two centuries, Ireland was one of the poorest countries in Europe. Then came the 1990s. Ireland transformed itself from a poor nation to one of the wealthiest in Western Europe. From 1990 to 1995, the economy of Ireland grew at an average rate of 5.14 percent annually. Beginning in 1996 through 2000, Ireland's revised economic policies resulted in an average growth rate of 9.66 percent annually. This amazing economic boom is often tagged "The Celtic Tiger," an analogy of the term "East Asian Tigers" that described South Korea, Hong Kong and others during the 1980s and 1990s. Source: CelticCountries.com

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