Knowledge (XXG)

Irish bank strikes (1966–1976)

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made limited facilities available to non-associated banks to issue cash. It was not only financial transactions that were affected; many property deals were also affected, because the documents were kept in the banks. The effect on the Irish economy was surprisingly small, as Irish citizens traded
77:) failed when the strike ended, and settlements were made, but its failure was perhaps inevitable anyway. The strike had little effect on the main economic concerns, which were unemployment and industrial unrest caused by inflation. 121: 140: 205: 200: 195: 32:. The strikes provided economists with a unique opportunity to study the functioning of a modern economy without access to bank deposits. 210: 190: 185: 180: 125: 215: 160: 175: 170: 165: 66: 74: 73:
The country came through reasonably well in business terms, despite the bank strike. A large firm (
29: 40: 25: 103: 94:
Antoine E. Murphy (March 1978). "Money in an economy without banks: The case of Ireland".
36: 70:
cheques among themselves based on mutual trust, effectively substituting them for cash.
107: 154: 44: 48: 24:
were three strikes of about a year's total duration which closed down all the
141:"It's 1970: Industrial unrest and a jobless rate of 7pc are key concerns" 124:. Irish Independent. December 29, 1999. Archived from 35:The strikes affected all the associated banks: the 65:The longest strike was of six months in 1970. The 122:"How six-month bank strike rocked the nation" 8: 86: 7: 108:10.1111/j.1467-9957.1978.tb00151.x 14: 139:Brendan Keenan (August 5, 2010). 206:1976 labor disputes and strikes 201:1970 labor disputes and strikes 196:1966 labor disputes and strikes 1: 61:June 28 – September 6, 1976 51:. The strikes lasted from: 232: 211:Labour disputes in Ireland 58:May 1 – November 17, 1970 191:1976 in economic history 186:1970 in economic history 181:1966 in economic history 96:The Manchester School 55:May 7 – July 30, 1966 143:. Irish Independent. 30:Republic of Ireland 216:History of banking 161:Banking in Ireland 128:on August 2, 2012. 41:Allied Irish Banks 18:Irish bank strikes 223: 145: 144: 136: 130: 129: 118: 112: 111: 91: 231: 230: 226: 225: 224: 222: 221: 220: 176:1976 in Ireland 171:1970 in Ireland 166:1966 in Ireland 151: 150: 149: 148: 138: 137: 133: 120: 119: 115: 93: 92: 88: 83: 75:Palgrave Murphy 37:Bank of Ireland 12: 11: 5: 229: 227: 219: 218: 213: 208: 203: 198: 193: 188: 183: 178: 173: 168: 163: 153: 152: 147: 146: 131: 113: 85: 84: 82: 79: 63: 62: 59: 56: 26:clearing banks 13: 10: 9: 6: 4: 3: 2: 228: 217: 214: 212: 209: 207: 204: 202: 199: 197: 194: 192: 189: 187: 184: 182: 179: 177: 174: 172: 169: 167: 164: 162: 159: 158: 156: 142: 135: 132: 127: 123: 117: 114: 109: 105: 101: 97: 90: 87: 80: 78: 76: 71: 68: 60: 57: 54: 53: 52: 50: 46: 45:Northern Bank 42: 38: 33: 31: 27: 23: 22:1966 and 1976 19: 134: 126:the original 116: 102:(1): 41–50. 99: 95: 89: 72: 67:Central Bank 64: 34: 21: 17: 15: 49:Ulster Bank 155:Categories 81:References 47:and the 20:between 28:in the 43:, the 39:, the 16:The 104:doi 157:: 100:46 98:. 110:. 106::

Index

clearing banks
Republic of Ireland
Bank of Ireland
Allied Irish Banks
Northern Bank
Ulster Bank
Central Bank
Palgrave Murphy
doi
10.1111/j.1467-9957.1978.tb00151.x
"How six-month bank strike rocked the nation"
the original
"It's 1970: Industrial unrest and a jobless rate of 7pc are key concerns"
Categories
Banking in Ireland
1966 in Ireland
1970 in Ireland
1976 in Ireland
1966 in economic history
1970 in economic history
1976 in economic history
1966 labor disputes and strikes
1970 labor disputes and strikes
1976 labor disputes and strikes
Labour disputes in Ireland
History of banking

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