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Political Communication in the Republic of Ireland$
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Mark O’Brien and Donnacha Ó Beacháin

Print publication date: 2014

Print ISBN-13: 9781781380277

Published to Liverpool Scholarship Online: January 2015

DOI: 10.5949/liverpool/9781781380277.001.0001

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A limited focus? Journalism, politics, and the Celtic Tiger

A limited focus? Journalism, politics, and the Celtic Tiger

Chapter Eight A limited focus? Journalism, politics, and the Celtic Tiger
Political Communication in the Republic of Ireland

Declan Fahy

Liverpool University Press

This chapter argues that certain features of financial journalism – undertaken in the particular Irish political, economic and media culture – prevented the sustained systemic analysis that could have better anticipated the financial crisis of 2008 onwards. It examines how, amid the climate of rampant consumerism and auction politics – where candidates and parties compete to make financially attractive promises to voters – caused by the building boom, those who questioned the received wisdom that this time it was different were marginalised not just by the particular features of financial journalism but also by politicians and interest groups that benefited from the boom. It concludes by arguing that the global financial crisis, coupled with seismic changes in journalism and political communication, has created novel opportunities and methods for systemic coverage of business and finance.

Keywords:   celtic tiger, financial journalism, business news, sources, auction politics, economic boom, Ireland

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