The Distribution of Economic Wealth (Leaving Cert Geography): Flashcards
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Economic strategy Ireland used pre-1960s
Economic strategy Ireland used pre-1960s
Import substitution
Decade when Ireland imposed high tariffs
Decade when Ireland imposed high tariffs
1930s
% of Irish exports to UK by 1950
% of Irish exports to UK by 1950
90%
Year Ireland removed tariff barriers
Year Ireland removed tariff barriers
1960
Corporation tax rate on exports post-1960s
Corporation tax rate on exports post-1960s
0%
Growth strategy Ireland adopted post-1960s
Growth strategy Ireland adopted post-1960s
Export-led growth
Ireland's GDP per capita in 1960 (% of EU-15 avg)
Ireland's GDP per capita in 1960 (% of EU-15 avg)
63.2%
Ireland's GDP per capita in 2002 (% of EU-15 avg)
Ireland's GDP per capita in 2002 (% of EU-15 avg)
122%
Years of the Celtic Tiger period
Years of the Celtic Tiger period
1994-2002
Annual GDP growth rate during Celtic Tiger
Annual GDP growth rate during Celtic Tiger
Exceeded 7%
Dublin's industrial specialisations
Dublin's industrial specialisations
ICT and financial services
Cork and Galway's industrial specialisations
Cork and Galway's industrial specialisations
Pharmaceuticals and biopharma
Exports as % of GDP by 1997
Exports as % of GDP by 1997
78.4%
EU funding programme Ireland received 1989-2006
EU funding programme Ireland received 1989-2006
Structural Funds
Term for growth where old industries declined faster
Term for growth where old industries declined faster
Jobless growth