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Conversely, after a bleak period in the 1970s and 1980s, the Celtic Tiger era in the Republic was spurred on by the high technology industries that took root in the country after 1990.
The southern economy also benefited relatively more after 1973 up to 2002 from the European Structural Funds system.
It grew markedly until 2007, but no corrective measures were taken to control the process, leading to the 2008 crisis.

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