The narrative provides an insider's perspective on Ireland's dramatic journey through a financial bubble, its subsequent collapse, and the recovery process. By analyzing key events and decisions, the author sheds light on the complexities of the financial system and the impact on the Irish economy. This account offers valuable insights into the lessons learned from this tumultuous period in European financial history.
The World Bank analyzes African domestic financial systems within a global context, highlighting both promising trends and significant shortcomings in sub-Saharan Africa. The book offers policy recommendations aimed at enhancing finance as a catalyst for economic growth, while also addressing access to financial services for low-income and marginalized groups. Through its insights, it seeks to guide reforms that can strengthen financial systems and promote inclusive economic development.
Ireland's spectacular financial bubble, bust and recovery has been an important strand of the global financial crisis. In this book, an experienced insider provides a detailed narrative of Ireland's crisis and recovery within a discussion of what central banks do well, what they do poorly and how policymaking should adjust.