Celtic tiger is a name for the Republic of Ireland, which refers to the above average economic growth of Ireland in the 90's.

Reasons

As reasons for this growth the membership of Ireland in the European union with the implementation of the domestic market, existing since 1973, 1992 as well as the maintenance payments from the European Union structure funds are called among other things.

Thereby it became possible Irish enterprises to attain direct entrance to the markets of the continental European national economies and to reduce dependence from the united kingdom to.

At the same time the taxes for enterprises and persons were drastically reduced, whereby it succeeded to lure a multiplicity more foreign - in particular US American - enterprises in the country.

Ireland has today one of the lowest tax and delivery ratios in Europe (beside Baltic states such as Estonia and Litauen).

Other tiger states

The term represents an analogy to the tiger states of Southeast Asia, to the comprehensive term for South Korea, Singapore, Hong Kong and Taiwan, sometimes also for Malaysia and the Philippines.

See also

• Baltic tiger
• Celtic tiger (Irish Dance show)
• http://en.wikipedia.org/wiki/Celtic_tiger

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