Consequences of Celtic Tiger Flashcards
1
Q
Inequality
A
- Rised rapidly
- Ireland saw the largest rise in wage inequality during the celtic era (O’Riain,S.2000)
- Number of jobs in managers, professionals and associate professionals by 94,000 (O’riain,s.2000)
- Meanwhile
- Number of people below the poverty line increased from 15.6% in 1994 to 21.9% in 2000 (Nolan,B.2014)
2
Q
Employment
A
- Employment rose 1.2M in 1994 to 1.7M in 2000 (Voitchevsky,S.2012)
- Jobs in financial and internally traded services grew by 384.5% (O’Riain,S.2000)
3
Q
Second phase property BOOM
A
- During the 1990’s Ireland experienced the Celtic Tiger: rapid employment and income rose as a result house prices were driven up (Kelly,M.2009)
- During this time housing stock increased by 834,596 (Kitchin,M.2104)
The building frenzy was accompanied rising house prices which experienced a 382% rise (Kitchin,R.2011)
4
Q
Movement of people into Ireland
A
- Pop increased by 15% between 1996 and 2005 (Dorgan,S.2006)
Ireland seen as land of opportunity (Fitzgerald,G.2007)
