Abstract
When Ireland gained its independence from Great-Britain it had to face huge economic difficulties. The country was troubled by poverty and emigration until the early 1990s. These problems though virtually disappeared over the course of that decade, which saw the beginning of unprecedented economic success, a phenomenon known as the "Celtic Tiger? with 10% growth. In 10 years, Ireland has gone from one of the poorest nations in Europe to one of the dominant countries. However economists debate to understand if Ireland is really a booming economy or only a flash in the pan after the 2001 recession.
