Celtic comeback Flashcards
1
Q
Fiscal Improvement
A
- Majority of austerity=spending cuts (O’Farrell,R.2013)
- Phase 2 of the Irish austerity included increased taxation (Ursula,B.2013)
- Combination of increased taxes and increased spending cuts has resulted in a downward trajectory in it’s government debt/GDP ration and Ireland is on course to have a balanced budget (Boyle,M. Wood,P.2017)
2
Q
Employment
A
- beginning with the last quarter of 2012 there have been five consecutive quarters where employment grew by 0.6% (Fitzgerald,J.2014)
- Reuters GDP=6.7%
- 377,000 jobs created in Irish Economy since low point of crash (Kennedy,E.2018)
3
Q
Ongoing crisis
A
- A bleak guardian title reads 30,000 empty homes and nowhere to live (Harris,J.2018)
- Despite the large oversupply of housing there is still an absence of social housing (Harris,J.2018)
- According to Hearne,R the problem traces back to the 1980’s when the govt restricted the number of social housing being built
- Due to the large sum of money to fund the building of public housing and the poor public finances that Ireland has suffered with it has meant that there is a low amount of public housing. (Byrne,M.2018)
- Low corp tax means that European offices of facebook, twitter, google and eBay are all situated in Ireland (Harris,J.2018)
- High rents as the people working there are rich
- Just 768 social houses were built in 1989 (Byrne,M.2018)
- Homeless (Byrne,M.2018)
4
Q
Housing protest
A
- Take back the city, activist moved int Airbnb offices in Dublin
- Activists politicians and members of the public gather in Dublin
- Invade empty properties (O’Keefe,2018)
- In an attempt to draw attention to the existence of large numbers of empty buildings that could be made available at a time of housing emergency (O’Keefe,2018)