History of the Irish Economy

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Ireland in 1921, 1961, and even in 1981 remained still a traditional, agricultural economy characterized by low level technology with a growing but still incipent industrial sector.

Since independence Ireland took three independent strategies. Each one was created after the previous one failed. . These were: 1)Comparative advantage, 2)economic autarky, and 3)ndustrialization-by-invitation.

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Home | Demographics | Strategies | Joining the EU | Economic Boom | Celtic Tiger II | Lessons | Source Page