Ireland : Selected Issues

Publication Date: September 10, 2012
Electronic Access: Free Full text (PDF file size is 2,278KB).
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Summary: The Selected Issues paper describes the nexus between household wealth, saving, and consumption, and provides estimates for the medium-term path of household saving and consumption. The paper also discusses to what extent the credit market frictions are holding back Ireland's economic recovery. Under current macroeconomic assumptions, the savings rate is expected to decline. Households have rapidly accumulated debt during boom times, and incomes and asset values have declined severely during the crisis. The Executive Board welcomes the country’s efforts toward economic recovery.
Series: Country Report No. 12/265
Frequency: Annually
Subject(s): Credit | Fiscal consolidation | Labor markets | Private consumption | Private investment | Selected issues | Unemployment

Publication Date: September 10, 2012
ISBN/ISSN: 9781475510461/1934-7685 Format: Paper
Stock No: 1IRLEA2012004 Pages: 74
US$18.00 (Academic Rate:
US$18.00 )
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