Celtic tiger,
Definition of Celtic tiger:
The person credited with coining the name Celtic Tiger is Kevin Gardiner, in a 1994 investment report for Morgan Stanley about Ireland’s economy. The period of the Celtic Tiger has also been referred to as The ■■■■ or Ireland’s Economic Miracle.
The Irish economy, or Ireland itself, as regarded during the period of rapid economic growth that characterized the 1990s and early 21st century.
A term given to Ireland in the 1990s during an average economic growth rate of 6.5 percent. The first ■■■■ ended when the Internet bubble burst in 2001. A second ■■■■ in Ireland in 2004 is referred to as the Celtic Tiger 2. This ended in 2008.
Celtic Tiger is a nickname for Ireland during its ■■■■ years between 1995 and circa 2007 when its economy was growing rapidly. The gross domestic product (GDP) averaged 9.4% annually through 2000 and about 6% a year for the remainder of the period. .
How to use Celtic tiger in a sentence?
- Inflated remuneration packages once associated with sales roles in high-tech companies seem to have gone into hibernation along with the Celtic Tiger.
Meaning of Celtic tiger & Celtic tiger Definition
