IDEAS home Printed from https://ideas.repec.org/p/fce/doctra/0731.html
   My bibliography  Save this paper

The Irish Tiger and the German Frog: A Tale of Size and Growth in the Euro Area

Author

Listed:
  • Éloi Laurent
  • Jacques Le Cacheux

Abstract

In this paper, we try to relate country size to economic performance in the Euro area, focusing on the second smallest Euro area country, Ireland, and the region's largest economy, Germany, from 1995 to 2005. In the institutional context of the EMU, we show that Ireland smallness was a major factor in its spectacular success, while the growth strategy of Germany was not in line with its size and thus produced poor overall results. We argue that while Ireland needs to rethink its growth strategy with the arrival of the Eastern small states in the EU and the Euro area, Germany's economic extraversion - choosing external competitiveness over domestic expansion and resorting to social and tax competition - could be re-oriented towards intensive domestic growth with benefits, not only for the country, but also for the Euro area as a whole.
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Éloi Laurent & Jacques Le Cacheux, 2007. "The Irish Tiger and the German Frog: A Tale of Size and Growth in the Euro Area," Documents de Travail de l'OFCE 2007-31, Observatoire Francais des Conjonctures Economiques (OFCE).
    • Handle: RePEc:fce:doctra:0731
    as

    Download full text from publisher

    File URL: http://www.ofce.sciences-po.fr/pdf/dtravail/WP2007-31.pdf
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. André Sapir, 2006. "Globalization and the Reform of European Social Models," Journal of Common Market Studies, Wiley Blackwell, vol. 44(2), pages 369-390, June.
    2. Philippe Aghion & Ioana Marinescu, 2008. "Cyclical Budgetary Policy and Economic Growth: What Do We Learn from OECD Panel Data?," NBER Chapters, in: NBER Macroeconomics Annual 2007, Volume 22, pages 251-278, National Bureau of Economic Research, Inc.
    3. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
    4. Hamada, Koichi, 1976. "A Strategic Analysis of Monetary Interdependence," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 677-700, August.
    5. repec:hal:spmain:info:hdl:2441/3531 is not listed on IDEAS
    6. repec:ulb:ulbeco:2013/8112 is not listed on IDEAS
    7. McCallum, John, 1995. "National Borders Matter: Canada-U.S. Regional Trade Patterns," American Economic Review, American Economic Association, vol. 85(3), pages 615-623, June.
    8. André Sapir, 2006. "Globaliseringen och de europeiska sociala modellernas reformering," ULB Institutional Repository 2013/8118, ULB -- Universite Libre de Bruxelles.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. repec:hal:spmain:info:hdl:2441/6146 is not listed on IDEAS
    2. repec:spo:wpecon:info:hdl:2441/6146 is not listed on IDEAS
    3. Jean-Paul Fitoussi & Eloi Laurent, 2008. "North by Northwest: What’s Wrong with the French Model and How Can the Nordic Model Help," Documents de Travail de l'OFCE 2008-18, Observatoire Francais des Conjonctures Economiques (OFCE).
    4. repec:hal:wpspec:info:hdl:2441/9717 is not listed on IDEAS
    5. repec:hal:wpspec:info:hdl:2441/10049 is not listed on IDEAS
    6. Éloi Laurent & Jacques Le Cacheux, 2010. "Taille des pays et stratégies de croissance," Revue de l'OFCE, Presses de Sciences-Po, vol. 0(1), pages 171-190.
    7. Jean-Paul Fitoussi & Eloi Laurent, 2008. "North by Northwest: What's Wrong with the French Model and How Can the Nordic Model Help. The Nordic Model: Solutions for Continental Europe's Problems?", Center for European Studies, Harvard Uni," SciencePo Working papers Main hal-01053234, HAL.
    8. Luigi Bonatti & Andrea Fracasso, 2012. "A Germans� dilemma: save the euro or preserve their socio-economic model," Department of Economics Working Papers 1207, Department of Economics, University of Trento, Italia.
    9. repec:hal:wpspec:info:hdl:2441/6146 is not listed on IDEAS
    10. Mauro Napoletano & Jean-Luc Gaffard, 2009. "Country Size, Appropriate Policy, and Economic Performance: Some Evidence from OECD Countries," SciencePo Working papers Main hal-00973080, HAL.
    11. repec:spo:wpmain:info:hdl:2441/10049 is not listed on IDEAS
    12. Eloi Laurent, 2008. "Economic consequences of the size of nations, 50 years on," SciencePo Working papers Main hal-00972823, HAL.
    13. repec:hal:spmain:info:hdl:2441/10049 is not listed on IDEAS
    14. Jean-Paul Fitoussi & Eloi Laurent, 2009. "Macroeconomic and social policies in the EU 15: the last two decades," SciencePo Working papers Main hal-01066208, HAL.
    15. repec:hal:spmain:info:hdl:2441/9769 is not listed on IDEAS
    16. repec:spo:wpmain:info:hdl:2441/eu4vqp9ompqllr09h95chf5k8 is not listed on IDEAS
    17. repec:spo:wpecon:info:hdl:2441/9717 is not listed on IDEAS
    18. repec:hal:spmain:info:hdl:2441/eu4vqp9ompqllr09h95chf5k8 is not listed on IDEAS
    19. repec:hal:spmain:info:hdl:2441/9717 is not listed on IDEAS
    20. repec:spo:wpmain:info:hdl:2441/6146 is not listed on IDEAS
    21. repec:spo:wpmain:info:hdl:2441/9717 is not listed on IDEAS
    22. repec:spo:wpecon:info:hdl:2441/10049 is not listed on IDEAS
    23. repec:spo:wpmain:info:hdl:2441/9769 is not listed on IDEAS

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. repec:hal:spmain:info:hdl:2441/2137 is not listed on IDEAS
    2. repec:spo:wpmain:info:hdl:2441/2137 is not listed on IDEAS
    3. repec:hal:wpspec:info:hdl:2441/2137 is not listed on IDEAS
    4. repec:spo:wpecon:info:hdl:2441/2137 is not listed on IDEAS
    5. Muinelo-Gallo, Leonel, 2022. "Business cycles and redistribution: The role of government quality," Economic Systems, Elsevier, vol. 46(4).
    6. Jaejoon Woo, 2020. "Inequality, redistribution, and growth: new evidence on the trade-off between equality and efficiency," Empirical Economics, Springer, vol. 58(6), pages 2667-2707, June.
    7. Pisany Paweł, 2016. "Comparative Models of Capitalism in the Areas of Financial System and Corporate Governance – the Diversity of Capitalism Approach Perspective," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 52(1), pages 59-76, December.
    8. Tiago Florindo & Ana I. Ferraz & Ana C. Rodrigues & Leonel J. R. Nunes, 2022. "Residual Biomass Recovery in the Wine Sector: Creation of Value Chains for Vine Pruning," Agriculture, MDPI, vol. 12(5), pages 1-18, May.
    9. repec:hal:spmain:info:hdl:2441/9769 is not listed on IDEAS
    10. Reinhard Steurer & Andre Martinuzzi & Sharon Margula, 2012. "Public Policies on CSR in Europe: Themes, Instruments, and Regional Differences," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 19(4), pages 206-227, July.
    11. repec:spo:wpecon:info:hdl:2441/9769 is not listed on IDEAS
    12. Nicholas Charron & Niklas Harring & Victor Lapuente, 2021. "Trust, regulation, and redistribution why some governments overregulate and under‐redistribute," Regulation & Governance, John Wiley & Sons, vol. 15(1), pages 3-16, January.
    13. Ana Filipa Pinto & Hermínia Gonçalves, 2023. "European Tendencies of Territorialization of Income Conditional Policies to Insertion: Systematic and Narrative Review," Societies, MDPI, vol. 13(8), pages 1-20, August.
    14. Gisela Di Meglio & Stefano Visintin, 2014. "Efficiency of the Services Sector: a Parametric Approach," Documentos de Trabajo del ICAE 2014-19, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
    15. Pitafi, Abdul Hameed & Rasheed, Muhammad Imran & Kanwal, Shamsa & Ren, Minglun, 2020. "Employee agility and enterprise social media: The Role of IT proficiency and work expertise," Technology in Society, Elsevier, vol. 63(C).
    16. Ylenia Curci & Nathalie Greenan & Silvia Napolitano, 2024. "Innovating for the good or for the bad. An EU-wide analysis of the impact of technological transformation on job polarisation and unemployment," TEPP Working Paper 2024-02, TEPP.
    17. Eloi Laurent & Jacques Le Cacheux, 2007. "What (Economic) Constitution Does the EU Need ?," Working Papers hal-00972757, HAL.
    18. Asya Bellia & Lorenzo Corsini, 2024. "Disability and Life Satisfaction: The Role of Accessibility," Journal of Happiness Studies, Springer, vol. 25(8), pages 1-37, December.
    19. Mariam Camarero & Gaetano D’Adamo & Cecilio Tamarit, 2018. "Differences in wage determination in the Eurozone," Working Papers 1811, Department of Applied Economics II, Universidad de Valencia.
    20. Jan Czarzasty & SÅ‚awomir Adamczyk & Barbara Surdykowska, 2020. "Looking for European solutions. Trade unions in Central and Eastern Europe striving for cross-border solidarity," Transfer: European Review of Labour and Research, , vol. 26(3), pages 307-323, August.
    21. repec:hal:wpspec:info:hdl:2441/9769 is not listed on IDEAS
    22. Johannes Lindvall, 2010. "Power Sharing and Reform Capacity," Journal of Theoretical Politics, , vol. 22(3), pages 359-376, July.
    23. Mauro Napoletano & Jean-Luc Gaffard, 2009. "Country Size, Appropriate Policy, and Economic Performance: Some Evidence from OECD Countries," SciencePo Working papers Main hal-00973080, HAL.
    24. Guillermo Orfao & Alberto Rey & Miguel Á. Malo, 2021. "A Multidimensional Approach to Precarious Employment Among Young Workers in EU-28 Countries," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(3), pages 1153-1178, December.
    25. Bettina Becker & Nigel Driffield & Sandra Lancheros & James H. Love, 2020. "FDI in hot labour markets: The implications of the war for talent," Journal of International Business Policy, Palgrave Macmillan, vol. 3(2), pages 107-133, June.
    26. Hanna L. Adam & Mario Larch & David Stadelmann, 2021. "Subnational Income Growth and International Border Effects," CESifo Working Paper Series 9100, CESifo.
    27. Maszczyk Piotr, 2020. "The comparative empirical analysis of the social protection system in selected Central and Eastern European countries: Emerging models of capitalism," International Journal of Management and Economics, Warsaw School of Economics, Collegium of World Economy, vol. 56(2), pages 159-175, June.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fce:doctra:0731. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Francesco Saraceno (email available below). General contact details of provider: https://edirc.repec.org/data/ofcspfr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.