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Ireland: Difference between revisions

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* [http://www.centralbank.ie Central bank] of Ireland
* [http://www.centralbank.ie Central bank] of Ireland
* BBC [http://news.bbc.co.uk/1/hi/world/europe/country_profiles/1038581.stm country profile]
* BBC [http://news.bbc.co.uk/1/hi/world/europe/country_profiles/1038581.stm country profile]
* [http://mises.org/journals/lf/1971/1971_04.pdf Stateless Societies: Ancient Ireland] (pdf), by Joseph R. Peden, April 1971
* [http://mises.org/daily/3773 The Death of the Celtic Tiger] by Brian Ó Caithnia, October 2009
* [http://mises.org/journals/jls/22_1/22_1_2.pdf Reflections on Legal Polycentrism] (pdf), by Gerard Casey, 2010, (on polycentric law in Ireland)
[[Category:Countries]]
[[Category:Countries]]

Revision as of 19:14, 5 October 2010

Celtic tribes arrived on the island between 600-150 B.C. Invasions by Norsemen that began in the late 8th century were finally ended when King Brian BORU defeated the Danes in 1014. English invasions began in the 12th century and set off more than seven centuries of Anglo-Irish struggle marked by fierce rebellions and harsh repressions. A failed 1916 Easter Monday Rebellion touched off several years of guerrilla warfare that in 1921 resulted in independence from the UK for 26 southern counties; six northern (Ulster) counties remained part of the UK. In 1949, Ireland withdrew from the British Commonwealth; it joined the European Community in 1973. Irish governments have sought the peaceful unification of Ireland and have cooperated with Britain against terrorist groups. A peace settlement for Northern Ireland is gradually being implemented despite some difficulties. In 2006, the Irish and British governments developed and began to implement the St. Andrews Agreement, building on the Good Friday Agreement approved in 1998.[1]

Economical characteristics

  • Currency: Euro (ISO code: EUR)
  • Central bank discount rate: 3% (31 December 2008)[1]
  • Commercial banks lending rate: 6.76% (31 December 2008)[1]
  • is part of the Eurozone


Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[2] 96 421 96 596 104 688 122 520 157 384 184 970 201 676 222 414 260 871 267 576
Govt. debt (% of GDP)[3] 49.367 40.125 36.785 34.741 33.607 32.024 31.830 27.868 27.176
Govt. revenue (% of GDP)[4] 32.370 32.369 30.685 29.505 29.916 31.202 32.458 33.957 33.071
Govt. expenses (% of GDP)[5] 30.558 27.789 29.337 29.608 29.750 29.985 30.538 30.657 31.989
Debt to revenue (years) 1.525 1.240 1.199 1.177 1.123 1.026 0.981 0.821 0.822

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. 1.0 1.1 1.2 Cite error: Invalid <ref> tag; no text was provided for refs named CIA_IE
  2. World Bank. "Ireland: GDP", from World Bank Data. Referenced 2010-09-29.
  3. World Bank. "Ireland: government debt", from World Bank Data. Referenced 2010-09-29.
  4. World Bank. "Ireland: government revenue", from World Bank Data. Referenced 2010-09-29.
  5. World Bank. "Ireland: government expenses", from World Bank Data. Referenced 2010-09-29.

External links