Thomas Molloy: Lesson in teamwork helps us kick troubles into touch
Published 20/09/2011 | 05:00
IS there a link between sporting prowess and economic success? After Ireland's victory against Australia, Dublin's defeat of Kerry and the country's success so far in the qualification rounds of the 2012 European Championships, it is a question that is on everybody's minds once again.
Readers of a certain age will remember the 1988 Euro Championships and the World Cup in Italy two years later in which Ireland suddenly emerged as a soccer power after decades of obscurity.
While most pundits put the team's success down to raw talent and Jack Charlton, economists note an often repeated pattern in which countries on the cusp of economic resurgence perform well in international competitions.