Europe correspondent Stephen Beard begins a five-part series from bars in Europe. He gets the opinions of ordinary Europeans on the ongoing debt crisis, starting with the Irish.
Also huffduffed as…
Ireland is being held up as the poster child for austerity measures, they’ve cut public services wages, raised taxes and cut government spending. Yet Ireland’s economy is still in decline. So is austerity working in Ireland?
Terry McDonough,Professor of Economics at the National University of Ireland Galway
David Duffy, Economist at the Economic and Social Research Institute in Dublin.
Sean Kay, Professor of politics at Ohio Wesleyan University.
Constantin Gurdgiev, Professor of Finance at Trinity College, Dublin.
Title: Celtic Revival? The Rise, Fall, and Renewal of Global Ireland
Author: Sean Kay
Publisher: Rowan & Littlefield
Released: 01 Dec 2011
Ireland has more debt than any other country in the world.
http://www.abc.net.au/rn/rearvision/stories/2010/3083820.htm Ireland’s turbocharged transformation from rural poverty to global affluence overshot the mark and now the British and German banks that funded the building boom want their money back. Rear Vision looks at what went wrong.