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      THE IRISH CRASH IN GLOBAL CONTEXT

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      World Review of Political Economy
      Pluto Journals
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            Abstract

            This article will compare the development of the global neoliberal crisis and the Irish crisis, which is home-grown but, at the same time, an instance of the broader collapse of the recent stage of capitalism. This analysis will be carried out in the context of the Social Structure of Accumulation (SSA) Framework. While capitalism has long had an international dimension, prior to the global neoliberal era, this dimension was a shared international structure linked to discreet national SSAs. In the global neoliberal era, different national structures were integrated into a transnational SSA. One of the strengths of this structure is its ability to link different national formations into global commodity chains locating each productive operation in its potentially most profitable location. While non-neoliberal national formations were capable of integration into the global neoliberal order, the different locations within the global neoliberal SSA tended to produce national variations of the basic institutions of global neoliberalism. The Celtic Tiger era in Ireland will be analyzed as an instance and illustration of this phenomenon.

            Content

            Author and article information

            Journal
            worlrevipoliecon
            10.2307/j50005553
            World Review of Political Economy
            Pluto Journals
            2042891X
            1 October 2010
            : 1
            : 3
            : 442-462
            Article
            10.2307/41931882
            d54aa8c9-d912-4403-9d53-36dbe0f21d5f
            © WORLD ASSOCIATION FOR POLITICAL ECONOMY 2010

            All content is freely available without charge to users or their institutions. Users are allowed to read, download, copy, distribute, print, search, or link to the full texts of the articles in this journal without asking prior permission of the publisher or the author. Articles published in the journal are distributed under a http://creativecommons.org/licenses/by/4.0/.

            History

            Political economics

            Notes

            1. Kotz et al. (1994) McDonough et al. (2010).

            2. Kotz and McDonough (2010).

            3. Kotz and McDonough (2010).

            4. Nardone and McDonough (2010)

            5. http://europa.eu/legislation_summaries/economic_and_monetary_affairs/institutional_and_ economic_framework/treaties_maastricht_en.htm

            6. www.irishtimes.com/newspaper/opinion/2009/0217/1224241277965.html

            7. www.entemp.ie/press/2000/210700.htm, Department of Enterprise, Trade, and Employment website.

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