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The Last Major Irish Bank Failure: Lessons for Today?

Author

Listed:
  • Cormac Ó Gráda

    (University College Dublin)

Abstract

This paper describes Ireland last major bank failure before the collapse of Anglo-Irish Bank in 2008. It points to resonances between that earlier failure and the events that led to the downfall of Ireland's banking system in 2008-2010.

Suggested Citation

  • Cormac Ó Gráda, 2010. "The Last Major Irish Bank Failure: Lessons for Today?," Working Papers 201038, School of Economics, University College Dublin.
    • Handle: RePEc:ucn:wpaper:201038
    as

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    File URL: http://www.ucd.ie/t4cms/wp10_38.pdf
    File Function: First version, 2010
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    References listed on IDEAS

    as
    1. George A. Akerlof & Paul M. Romer, 1993. "Looting: The Economic Underworld of Bankruptcy for Profit," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 24(2), pages 1-74.
    2. Maurer, Noel & Haber, Stephen, 2007. "Related Lending and Economic Performance: Evidence from Mexico," The Journal of Economic History, Cambridge University Press, vol. 67(3), pages 551-581, September.
    3. Naomi R. Lamoreaux, 1994. "Insider Lending: Banks, Personal Connections, and Economic Development in Industrial New England," NBER Books, National Bureau of Economic Research, Inc, number lamo94-1.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    banking; Ireland; moral hazard; crony capitalism;
    All these keywords.

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