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Irish EconomyNot powerhouse economy6.5 million peopleCeltic tiger, European pig, Core, PeripheryUsed to be a GB farmland but not still huge industrial country nowInstead of slave labor from Africa, took locals for slavery – plantation systemoProduced agricultural goods for England – dominated politically and economically by theGB, not entitled to their own land or businesseso1600-1922 – controlled by the UK, 1922 got independence and became a free country1922 is when the Great Depression started – so still not a big country1940s-1980s moving up in the world (peripheral economy)Core economies – Germany, France, GB, Italy, Netherlands, etc.oBigger, richer economiesPeripheral economies – Iceland, Ireland, Portugal, Spain, Greece, etc.oSmaller outside economies1990 caught up to the rest of the world (boom of economy) –Celtic TigerBecame part of EU and lowered tax rates1995-early 2000soBig companies moved to Ireland for low corporate tax rateso
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Famine,Republic of Ireland,potato famine,Irish Potato Famine