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Economic History Of The Republic Of Ireland
The economic history of the Republic of Ireland effectively began in 1922, when the then Irish Free State won independence from the United Kingdom of Great Britain and Ireland, United Kingdom. The state was plagued by poverty and emigration until the 1960s when an upturn led to the reversal of long term population decline. However, global and domestic factors combined in the 70s and 80s to return the country to poor economic performance and emigration. The 1990s, however saw the beginning of unprecedented economic success, in a phenomenon known as the "Celtic Tiger", which continued until the 2008 global financial crisis, specifically the post-2008 Irish economic downturn. It also led to Republic of Ireland, Ireland becoming the most indebted state in the European Union. As of 2015, the Republic has returned to growth, and was the fastest growing economy for that year. Since August 2017, Irish unemployment has been at a 9-year low of 6.1%. [outdated] According to Oxford economic ...
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Irish Pound (reverse)
The pound (Irish: ) was the currency of the Republic of Ireland until 2002. Its ISO 4217 code was IEP, and the symbol was £ (or £Ir for distinction.) The Irish pound was replaced by the euro on 1 January 1999. Euro currency did not begin circulation until the beginning of 2002. First pound The earliest Irish coinage was introduced in the late 10th century, with an £sd system of one pound divided into twenty shillings, each of twelve silver pence. Parity with sterling was established by King John around 1210, so that Irish silver could move freely into the English economy and help to finance his wars in France. However, from 1460, Irish coins were minted with a different silver content than those of England, so that the values of the two currencies diverged. During the Williamite War of 1689–1691, King James II, no longer reigning in England and Scotland, issued an emergency base-metal coinage known as gun money. In 1701, the relationship between the Irish pound a ...
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Partition Of Ireland
The partition of Ireland ( ga, críochdheighilt na hÉireann) was the process by which the Government of the United Kingdom of Great Britain and Ireland divided Ireland into two self-governing polities: Northern Ireland and Southern Ireland. It was enacted on 3 May 1921 under the Government of Ireland Act 1920. The Act intended both territories to remain within the United Kingdom and contained provisions for their eventual reunification. The smaller Northern Ireland was duly created with a devolved government (Home Rule) and remained part of the UK. The larger Southern Ireland was not recognised by most of its citizens, who instead recognised the self-declared 32-county Irish Republic. On 6 December 1922, a year after the signing of the Anglo-Irish Treaty, the territory of Southern Ireland left the UK and became the Irish Free State, now the Republic of Ireland. The territory that became Northern Ireland, within the Irish province of Ulster, had a Protestant and Unionist majo ...
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Éamon De Valera
Éamon de Valera (, ; first registered as George de Valero; changed some time before 1901 to Edward de Valera; 14 October 1882 – 29 August 1975) was a prominent Irish statesman and political leader. He served several terms as head of government and head of state and had a leading role in introducing the 1937 Constitution of Ireland. Prior to de Valera's political career, he was a commandant of Irish Volunteers at Boland's Mill during the Easter Rising, 1916 Easter Rising. He was arrested and sentenced to death but released for a variety of reasons, including the public response to the British execution of Rising leaders. He returned to Ireland after being jailed in England and became one of the leading political figures of the Irish War of Independence, War of Independence. After the signing of the Anglo-Irish Treaty, de Valera served as the political leader of Anti-Treaty Sinn Féin until 1926, when he, along with many supporters, left the party to set up Fianna Fáil, a new ...
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Beef
Beef is the culinary name for meat from cattle (''Bos taurus''). In prehistoric times, humankind hunted aurochs and later domesticated them. Since that time, numerous breeds of cattle have been bred specifically for the quality or quantity of their meat. Today, beef is the third most widely consumed meat in the world, after pork and poultry. As of 2018, the United States, Brazil, and China were the largest producers of beef. Beef can be prepared in various ways; cuts are often used for steak, which can be cooked to varying degrees of doneness, while trimmings are often ground or minced, as found in most hamburgers. Beef contains protein, iron, and vitamin B12. Along with other kinds of red meat, high consumption is associated with an increased risk of colorectal cancer and coronary heart disease, especially when processed. Beef has a high environmental impact, being a primary driver of deforestation with the highest greenhouse gas emissions of any agricultural product. ...
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Tariffs
A tariff is a tax imposed by the government of a country or by a supranational union on imports or exports of goods. Besides being a source of revenue for the government, import duties can also be a form of regulation of foreign trade and policy that taxes foreign products to encourage or safeguard domestic industry. ''Protective tariffs'' are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. Tariffs can be fixed (a constant sum per unit of imported goods or a percentage of the price) or variable (the amount varies according to the price). Taxing imports means people are less likely to buy them as they become more expensive. The intention is that they buy local products instead, boosting their country's economy. Tariffs therefore provide an incentive to develop production and replace imports with domestic products. Tariffs are meant to reduce pressure from foreign competition and reduce the ...
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Anglo-Irish Trade War
The Anglo-Irish Trade War (also called the Economic War) was a retaliatory trade war between the Irish Free State and the United Kingdom from 1932 to 1938. The Irish government refused to continue reimbursing Britain with land annuities from financial loans granted to Irish tenant farmers to enable them to purchase lands under the Irish Land Acts in the late nineteenth century, a provision which had been part of the 1921 Anglo-Irish Treaty. This resulted in the imposition of unilateral trade restrictions by both countries, causing severe damage to the Irish economy. The "war" had two main aspects: * Disputes surrounding the changing constitutional status of the Irish Free State vis-à-vis Britain; * Changes in Irish economic and fiscal policy following the Great Depression. Protective policy On taking over power and coming into office in 1932, the new Fianna Fáil government under Éamon de Valera embarked upon a protectionist policy in economic dealings, and tariffs were in ...
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Fianna Fáil
Fianna Fáil (, ; meaning 'Soldiers of Destiny' or 'Warriors of Fál'), officially Fianna Fáil â€“ The Republican Party ( ga, audio=ga-Fianna Fáil.ogg, Fianna Fáil â€“ An Páirtí Poblachtánach), is a conservative and Christian-democratic political party in Ireland. The party was founded as an Irish republican party on 16 May 1926 by Éamon de Valera and his supporters after they split from Sinn Féin in the aftermath of the Irish Civil War on the issue of abstentionism on taking the Oath of Allegiance to the British Monarchy, which de Valera advocated in order to keep his position as a Teachta Dála (TD) in the Irish parliament, in contrast to his position before the Irish Civil War. Since 1927, Fianna Fáil has been one of Ireland's two major parties, along with Fine Gael since 1933; both are seen as centre-right parties, to the right of the Labour Party and Sinn Féin. The party dominated Irish political life for most of the 20th century, and, since its fo ...
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Mary E
Mary may refer to: People * Mary (name), a feminine given name (includes a list of people with the name) Religious contexts * New Testament people named Mary, overview article linking to many of those below * Mary, mother of Jesus, also called the Blessed Virgin Mary * Mary Magdalene, devoted follower of Jesus * Mary of Bethany, follower of Jesus, considered by Western medieval tradition to be the same person as Mary Magdalene * Mary, mother of James * Mary of Clopas, follower of Jesus * Mary, mother of John Mark * Mary of Egypt, patron saint of penitents * Mary of Rome, a New Testament woman * Mary, mother of Zechariah and sister of Moses and Aaron; mostly known by the Hebrew name: Miriam * Mary the Jewess one of the reputed founders of alchemy, referred to by Zosimus. * Mary 2.0, Roman Catholic women's movement * Maryam (surah) "Mary", 19th surah (chapter) of the Qur'an Royalty * Mary, Countess of Blois (1200–1241), daughter of Walter of Avesnes and Margaret of Blois ...
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Carlow
Carlow ( ; ) is the county town of County Carlow, in the south-east of Ireland, from Dublin. At the 2016 census, it had a combined urban and rural population of 24,272. The River Barrow flows through the town and forms the historic boundary between counties Laois and Carlow. However, the Local Government (Ireland) Act 1898 included the town entirely in County Carlow. The settlement of Carlow is thousands of years old and pre-dates written Irish history. The town has played a major role in Irish history, serving as the capital of the country in the 14th century. Etymology The name is an anglicisation of the Irish ''Ceatharlach''. Historically, it was anglicised as ''Caherlagh'', ''Caterlagh'' and ''Catherlagh'', which are closer to the Irish spelling. According to logainm.ie, the first part of the name derives from the Old Irish word ''cethrae'' ("animals, cattle, herds, flocks"), which is related to ''ceathar'' ("four") and therefore signified "four-legged". The second p ...
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Irish Sugar Company
Greencore Group plc is a food company in Ireland. It was established by the Irish government in 1991, when Irish Sugar was privatised, but today Greencore's products are mainly convenience foods, not only in Ireland but also in the United Kingdom. A major supplier to British and Irish supermarkets, Greencore is the largest sandwich manufacturer in the world. It is listed on the London Stock Exchange. History The company was established in 1926 in Carlow as a private enterprise known as the ''Irish Sugar Manufacturing Company, Limited''. The Sugar Manufacture Act, 1933 was passed to promote self-sufficiency in sugar manufacture; this Act was brought on by a crisis in the industry and resulted in the nationalisation of sugar manufacture. Factories were built in Mallow, Thurles and Tuam, and the company became ''Cómhlucht Siúicre Éireann, Teoranta'', the Irish for ''Irish Sugar Company, Limited''. When run by Michael Joe Costello, Irish Sugar introduced the first electronic com ...
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Dublin
Dublin (; , or ) is the capital and largest city of Republic of Ireland, Ireland. On a bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, bordered on the south by the Dublin Mountains, a part of the Wicklow Mountains range. At the 2016 census of Ireland, 2016 census it had a population of 1,173,179, while the preliminary results of the 2022 census of Ireland, 2022 census recorded that County Dublin as a whole had a population of 1,450,701, and that the population of the Greater Dublin Area was over 2 million, or roughly 40% of the Republic of Ireland's total population. A settlement was established in the area by the Gaels during or before the 7th century, followed by the Vikings. As the Kings of Dublin, Kingdom of Dublin grew, it became Ireland's principal settlement by the 12th century Anglo-Norman invasion of Ireland. The city expanded rapidly from the 17th century and was briefly the second largest in the British Empire and sixt ...
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Belfast
Belfast ( , ; from ga, Béal Feirste , meaning 'mouth of the sand-bank ford') is the capital and largest city of Northern Ireland, standing on the banks of the River Lagan on the east coast. It is the 12th-largest city in the United Kingdom and the second-largest in Ireland. It had a population of 345,418 . By the early 19th century, Belfast was a major port. It played an important role in the Industrial Revolution in Ireland, briefly becoming the biggest linen-producer in the world, earning it the nickname "Linenopolis". By the time it was granted city status in 1888, it was a major centre of Irish linen production, tobacco-processing and rope-making. Shipbuilding was also a key industry; the Harland and Wolff shipyard, which built the , was the world's largest shipyard. Industrialisation, and the resulting inward migration, made Belfast one of Ireland's biggest cities. Following the partition of Ireland in 1921, Belfast became the seat of government for Northern Ireland ...
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