During the 20th century, Ireland suffered from a period of economic difficulties. “Economic growth was stagnating, unemployment was at and above historic levels everywhere in the EU, except perhaps in Spain, and the state was one of the most indebted in the world.” Irish men and women who had received formal education had immigrated to other countries due to the lack of jobs at home. This left Ireland in a state of further economic decline, and the lack of skilled workers left Ireland stranded. The 1990s marked a turning point for Ireland. The rise of industry within the country, as well as increased exports, led to Ireland becoming the "shining nation" of Europe. It became internationally linked to one of the greatest powerful nations, the United States, and international trade became the new source of a booming economy for Ireland. This resulted in the emergence of what was known as the Celtic Tiger in Ireland. The Celtic Tiger was a label placed on the Irish economy in the 1990s. It was a new image for Ireland, which reflected the Asian Tiger in that it was also young, dynamic and well educated. It also brought to Ireland the idea of ​​higher wages and lower taxes. This new identity allowed Ireland to stand out for the first time. This article will examine the Celtic Tiger phenomenon in the 1990s and how it shaped Ireland and its links with East Asia and the United States. During the 20th century, the world began to develop the idea of ​​economic trade. From the 1960s onwards, the four Asian tigers, Hong Kong, Singapore, South Korea and Taiwan, demonstrated that a global economy, fueled by an import and export system with other countries, allowed the economy of the country itself to prosper. The...... middle of paper...... low wages and men with better paying jobs. This situation was further broken when industries came to the country and were exposed to low taxes. As a result, owners were taxed more in order to compensate for this loss of taxation in the industry. Additionally, the importation of foreign industries into Ireland harmed local businesses, causing them to earn little or no wages, forcing them out of business. Finally, the large industries that were flourishing in Ireland were not benefiting Ireland itself. Instead of reinvesting the profits of large industries across the country into the Irish economy, these profits were being funneled to foreign countries, such as the United States. Therefore, although the Celtic Tiger appeared to prosper throughout the 1990s, economic downfall was inevitable and Ireland returned to almost the same state as before the start of that decade..