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The Celtic Tiger boom, and now its collapse, has been largely analyzed through the lens of neo-classical economics and modernisation theory with much attention being paid to economic issues such as the role of Foreign Direct Investment (FDI) and the need for cost competitiveness, or social issues such as the liberalisation of values and practices, upward social mobility, increased living standards and debates about social polarisation. While these lenses offer many valuable and valid insights, they tend to neglect the particular and distinctive structural characteristics of the way the Irish economy and Irish society have developed, and the reasons for these.
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