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Full-Text Articles in Political Science

Ireland And Iceland In Crisis D: Similarities And Differences, Arwin G. Zeissler, Daisuke Ikeda, Andrew Metrick Nov 2019

Ireland And Iceland In Crisis D: Similarities And Differences, Arwin G. Zeissler, Daisuke Ikeda, Andrew Metrick

Journal of Financial Crises

On September 29, 2008—two weeks after the collapse of Lehman Brothers—the government of Ireland took the bold step of guaranteeing almost all liabilities of the country’s major banks. The total amount guaranteed by the government was more than double Ireland’s gross domestic product, but none of the banks were immediately nationalized. The Icelandic banking system also collapsed in 2008, just one week after the Irish government issued its comprehensive guarantee. In contrast to the Irish response, the Icelandic government did not guarantee all bank debt. Instead, the Icelandic government controversially split each of the three major banks into a new …


Ireland And Iceland In Crisis A: Increasing Risk In Ireland, Arwin G. Zeissler, Karen Braun-Munzinger, Andrew Metrick Nov 2019

Ireland And Iceland In Crisis A: Increasing Risk In Ireland, Arwin G. Zeissler, Karen Braun-Munzinger, Andrew Metrick

Journal of Financial Crises

Ireland went from being the poorest member of the European Economic Community in 1973 to enjoying the second highest per-capita income among European countries by 2007. Healthy growth in the 1990s eventually gave way to a concentrated boom in property-related lending in the 2000s. The growth in the aggregate loan balances of Ireland’s six major banks greatly exceeded the growth in gross domestic product (GDP); as a result, bank loan balances grew from 1.1 times GDP in 2000 to over 2.0 times GDP by 2007. Given the small size of the domestic retail depositor base, the Irish banks increasingly funded …


History, Security, And Peace: A Comparison Of Sectarian Conflicts In Northern Ireland And The Middle East, Ahmed I. Hamed, Noah Chamberlain Spicer Apr 2019

History, Security, And Peace: A Comparison Of Sectarian Conflicts In Northern Ireland And The Middle East, Ahmed I. Hamed, Noah Chamberlain Spicer

Student Symposium

“The Troubles,” a violent conflict that began in Northern Ireland in 1968 and lasted until the Good Friday Agreement of 1998, saw high levels of violence and terrorism on both sides--Protestants and Catholics--of the socio-political conflict. While major issues of violence were addressed by the Good Friday Agreement, many key ontological issues remain very much alive and active, resulting in “peace walls” which separate Catholic and Protestant neighborhoods in Northern Ireland. The impediments to peace stem not just from these issues of violence, but also from the minimal attention paid to ontological security in peace negotiations: the security of oneself, …