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Ireland: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 1998: Issue 126
Language:
English
Publication Date:
07 Jan 1999
DOI:
https://doi.org/10.5089/9781451818703.002
ISBN:
9781451818703
ISSN:
1934-7685
Pages:
92
Keywords:
ISCR; CR; pay; inflation; employee; estimates of the output gap; Ireland; public sector wage bill; production function approach; incipient inflation; work incentive; Pensions; Fiscal stance; Housing prices; Pension spending; Global; Europe; asset price inflation; likelihood ratio test; Cointegration likelihood ratio
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This Selected Issues paper presents a description of fiscal developments in Ireland since 1980. It attempts to decompose the improvement in the fiscal accounts into contributions from pure fiscal policy measures and contributions from other factors. Fiscal policy in 1997 and the budget for 1998 are outlined, and a discussion of the implications of the Stability and Growth Pact for policy formulation in Ireland is presented. The paper also examines the supervision system in Ireland and the performance of lending institutions.
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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund