Celtic Tiger
The term "Celtic Tiger" refers to the rapid economic growth that occurred in Ireland during the late 1990s and early 2000s. This period was marked by a significant increase in jobs, investment, and living standards, transforming Ireland from one of the poorest countries in Western Europe to one of the wealthiest. Factors contributing to this boom included foreign direct investment, particularly from U.S. companies, and a young, educated workforce.
However, the Celtic Tiger era also led to challenges, such as rising property prices and increased consumer debt. The economic boom came to an abrupt end with the global financial crisis in 2008, which exposed vulnerabilities in the Irish economy. Despite this downturn, the legacy of the Celtic Tiger continues to