IMF Staff Country Reports

Ireland: Selected Issues

September 24, 2007

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Ireland: Selected Issues, (USA: International Monetary Fund, 2007) accessed October 5, 2024

Summary

This Selected Issues paper discusses Ireland’s trade and financial linkages with key partner countries. The paper uses a vector autoregression to examine the impact of shocks to partner country GDP and shocks to Irish competitiveness on Irish GDP. Two main findings are that shocks to U.S. GDP have a much larger impact on the variance of Irish GDP than shocks to the euro area or the United Kingdom. The paper also uses the IMF’s Global Fiscal Model to compare the effects of alternative fiscal adjustment strategies on employment and growth.

Subject: Aging, Expenditure, Labor, Labor market flexibility, Pension spending, Pensions, Population and demographics, Social security contributions, Taxes

Keywords: Aging, Arm's length content, Competitiveness affect Ireland, CR, Credit growth, Debt, Debt issuance, Europe, Financial system, GDP, Global, Ireland, Ireland's private-sector indebtedness, ISCR, Labor market, Labor market flexibility, Net debt path, Pension spending, Social security contribution rate, Social security contributions, Spending, U.K. GDP

Publication Details

  • Pages:

    44

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2007/326

  • Stock No:

    1IRLEA2007003

  • ISBN:

    9781451818864

  • ISSN:

    1934-7685