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The Irish Macroeconomic Crisis of 1955-56

How Much Was Due to Monetary Policy

Bibliographic Data

ID4784864
AuthorsPatrick Honohan (0000-0003-2095-1375, Economic and Social Research Institute, Dublin), Cormac Ó Gráda (0000-0003-4101-3740, National University of Ireland, Dublin)
Year1998
Volume25
Issue1
Pages52-80
Publication date1998-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueIrish Economic and Social History (JOURNAL)
Journal identifiersISSN: 0332-4893 • E-ISSN: 2050-4918
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/033248939802500104
OpenAlexW1512635987
LanguageEN
Citations received6

The macroeconomic crisis of 1955-56 was the defining event of post-war Irish economic history. What had been an underperforming economy slid into deep recession for reasons which were poorly understood. The long-term consequences were considerable: the reorientation of economic policy that resulted led to the restructuring and expansion of manufacturing on the basis of tax- and grant-aided foreign direct investment to a degree which today continues to be unparalleled

Economic policy · Economics · Financial crisis · Investment (military · Irish · Keynesian economics · Monetary economics · Monetary policy · Political science · Politics · Recession · Restructuring · Irish and British Studies · Finance

  • Quarterly GDP for Ireland since 1950

    Open Access•Susan Kenny, Seán Kenny et al.•Explorations in Economic History•2026

  • Select bibliography of publications on Irish politics during 1998∗

    J Coakley, John Doyle•Irish Political Studies•1999

  • A reappraisal of Cumann na nGaedheal economic policy

    Open Access•Fanta Barry, Frank Barry•Irish Political Studies•2024

  • Irish GDP since independence

    Open Access•Susan Kenny, Seán Kenny•The Economic History Review•2025

  • The Irish economy during the century after partition

    Open Access•Cormac Ó Gráda, Kevin H O''Rourke et al.•The Economic History Review•2022

  • UK shocks and Irish business cycles, 1922-79

    Open Access•Rebecca Stuart•The Economic History Review•2019

Unique citing works6
Citations per year0.22
Citation span1999 - 2026 (28)
Citation velocitycurrent
Highly citedNo
Citation typesNeutral: 6

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