Skip to main content

Lund University Publications

LUND UNIVERSITY LIBRARIES

POLITICAL ECONOMY of SECESSION : LESSONS from the EARLY YEARS of the IRISH FREE STATE

Kenny, Seán LU and McLaughlin, Eoin (2022) In National Institute Economic Review 261. p.48-78
Abstract

We apply insights from the political economy of secession to analyse the early years of the Irish Free State (IFS). The IFS was fortuitous in a debt settlement that enabled it to begin its existence debt free while also receiving financial assistance to quell civil unrest. Yet the IFS was unable to continue to provide the welfare spending inherited from the old regime thereby exacerbating inequality. The IFS also maintained a sterling peg, which led to a milder experience of the depression era. Ultimately, however, the benefits of independence were not forthcoming in the early years of the IFS.

Please use this url to cite or link to this publication:
author
and
organization
publishing date
type
Contribution to journal
publication status
published
subject
keywords
economic history, independence, Ireland, secession
in
National Institute Economic Review
volume
261
pages
31 pages
publisher
Cambridge University Press
external identifiers
  • scopus:85147112284
ISSN
0027-9501
DOI
10.1017/nie.2022.27
language
English
LU publication?
yes
id
4d1d86d3-8969-4431-ab83-8666e7063960
date added to LUP
2023-02-14 10:52:51
date last changed
2023-02-14 17:07:38
@article{4d1d86d3-8969-4431-ab83-8666e7063960,
  abstract     = {{<p>We apply insights from the political economy of secession to analyse the early years of the Irish Free State (IFS). The IFS was fortuitous in a debt settlement that enabled it to begin its existence debt free while also receiving financial assistance to quell civil unrest. Yet the IFS was unable to continue to provide the welfare spending inherited from the old regime thereby exacerbating inequality. The IFS also maintained a sterling peg, which led to a milder experience of the depression era. Ultimately, however, the benefits of independence were not forthcoming in the early years of the IFS.</p>}},
  author       = {{Kenny, Seán and McLaughlin, Eoin}},
  issn         = {{0027-9501}},
  keywords     = {{economic history; independence; Ireland; secession}},
  language     = {{eng}},
  pages        = {{48--78}},
  publisher    = {{Cambridge University Press}},
  series       = {{National Institute Economic Review}},
  title        = {{POLITICAL ECONOMY of SECESSION : LESSONS from the EARLY YEARS of the IRISH FREE STATE}},
  url          = {{http://dx.doi.org/10.1017/nie.2022.27}},
  doi          = {{10.1017/nie.2022.27}},
  volume       = {{261}},
  year         = {{2022}},
}