Catching the Celtic Tiger by Its Tail

Autor/inn/en	Ferreira, M. Luisa; VanHoudt, Patrick
Titel	Catching the Celtic Tiger by Its Tail
Quelle	In: European Journal of Education, 39 (2004) 2, S.209-236 (28 Seiten)Infoseite zur Zeitschrift PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0141-8211
DOI	10.1111/j.1465-3435.2004.00176.x
Schlagwörter	Foreign Countries; Human Capital; Compulsory Education; Education Work Relationship; Public Policy; Economic Development + Suchen Sie Ihr Suchwort? Ausland; Humankapital; Schulpflicht; Öffentliche Ordnung; Wirtschaftsentwicklung
Abstract	The article attempts to assess the major sources behind the exceptional Irish growth performance in the 1990s. Unlike other Tigers, Ireland's growth is due to efficiency gains, rather than capital deepening, but the causes for the swift growth in total factor productivity cannot be pinned down to a single factor. Human capital, foreign direct investment, social partnership agreements, sound budget and economic policies since the late 1980s, EU membership, all seemed to have interacted to produce this high-growth economy. This article focuses on the two mostly quoted catalysts, i.e. FDI and human capital. It provides evidence that although crucial as enablers for the Irish economic performance neither the rapid expansion of the compulsory education system in the 1970s and 1980s nor the sheer volume of FDI inflows can by themselves explain why Ireland has grown so much faster than other world economies. Instead, it argues that higher education, especially the vocational/technical stream of educational provision, and the sector composition of FDI in favour of high-tech industries, were self-reinforcing factors and have been decisive for the Republic's extraordinary boom. Is fearr ln doirn de cheird n ln mla dr (A handful of skill is better than a bagful of gold) Irish proverb. (Author).
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Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2017/4/10