{
  "title": "Ireland: Staff Report for the 2001 Article IV Consultation",
  "publication": "IMF Staff Country Reports, August 13, 2001",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/30/ireland-staff-report-for-the-2001-article-iv-consultation-15295",
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  "summary": "The performance of the Irish economy has been impressive. The outlook is broadly favorable, but there are risks to achieving a smooth transition to a sustainable rate of growth. The government's reform of the tax structure is commendable.",
  "sections": [
    {
      "heading": "Summary of findings",
      "content": "- \"The performance of the Irish economy has been impressive.\"\n- \"The outlook is broadly favorable, but there are risks to achieving a smooth transition to a sustainable rate of growth.\"\n- \"The government's reform of the tax structure is commendable.\"\n- To sustain high growth over the medium term, Ireland must address challenges with regard to:\n  - \"wage determination,\"\n  - \"increasing competition,\" and\n  - \"strengthening the medium-term basis of fiscal policy.\"\n- \"Strengthening competition through privatization and regulatory reform are key to securing a high rate of sustainable growth in the medium term.\""
    },
    {
      "heading": "Risks and challenges",
      "content": "- Transition risks to a sustainable rate of growth despite a broadly favorable outlook.\n- Wage determination issues that could affect competitiveness and wage growth.\n- Need for increased competition in the economy.\n- Requirement to strengthen the medium-term basis of fiscal policy."
    },
    {
      "heading": "Policy recommendations and analysis emphasis",
      "content": "- Continue and build on the government's tax-structure reform.\n- Strengthen competition through:\n  - privatization, and\n  - regulatory reform.\n- Address wage determination mechanisms to support sustained competitiveness.\n- Reinforce the medium-term fiscal framework to underpin sustainable high growth.\n\n---\n\n Content in this bundle\n\n- cr01139\n  - cr01139 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr01139 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: August 13, 2001",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451818734.002",
    "\"The performance of the Irish economy has been impressive.\"",
    "\"The outlook is broadly favorable, but there are risks to achieving a smooth transition to a sustainable rate of growth.\"",
    "\"The government's reform of the tax structure is commendable.\"",
    "To sustain high growth over the medium term, Ireland must address challenges with regard to:",
    "\"Strengthening competition through privatization and regulatory reform are key to securing a high rate of sustainable growth in the medium term.\"",
    "Transition risks to a sustainable rate of growth despite a broadly favorable outlook.",
    "Wage determination issues that could affect competitiveness and wage growth.",
    "Need for increased competition in the economy.",
    "Requirement to strengthen the medium-term basis of fiscal policy.",
    "Continue and build on the government's tax-structure reform.",
    "Strengthen competition through:",
    "Address wage determination mechanisms to support sustained competitiveness.",
    "Reinforce the medium-term fiscal framework to underpin sustainable high growth.",
    "**_cr01139**"
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