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The term "Celtic Tiger" was a reference to the Irish economy when it was very strong, not to Ireland itself. It came from the reference to some of the strong economies in Asian as being Asian tigers. As Ireland is a Celtic nation, the term used was "Celtic Tiger". The Irish economy is not as strong now as it was a few years ago, so the economy as it is now is no longer referred to as the Celtic Tiger.

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Q: Why is Ireland also called the Celtic Tiger?
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