{
  "title": "Ireland: Staff Report for the 2005 Article IV Consultation",
  "publication": "IMF Staff Country Reports, October 17, 2005",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/ireland-staff-report-for-the-2005-article-iv-consultation-18627",
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  "summary": "This 2005 Article IV Consultation for Ireland reports that economic performance has been impressive, owing in significant measure to sound policies. In line with the global cycle, growth picked up strongly in 2004.",
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      "heading": "Executive summary",
      "content": "- Economic performance has been impressive, owing in significant measure to sound policies.\n- In line with the global cycle, growth picked up strongly in 2004.\n- Rapid employment growth has been supported by immigration, so the unemployment rate has been roughly unchanged and wage growth remained moderate.\n- Housing price appreciation has slowed, but housing prices are high on various measures.\n- Important progress has been made in preparing for population aging, but there are concerns that households are not saving enough for retirement."
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    {
      "heading": "Key findings and indicators",
      "content": "- Growth: \"picked up strongly in 2004.\"\n- Employment: \"Rapid employment growth\" supported by immigration.\n- Unemployment rate: \"roughly unchanged.\"\n- Wages: \"wage growth remained moderate.\"\n- Housing prices: \"Housing price appreciation has slowed, but housing prices are high on various measures.\"\n- Population aging: \"Important progress has been made in preparing for population aging.\"\n- Household saving: \"concerns that households are not saving enough for retirement.\""
    },
    {
      "heading": "Subjects and keywords (as listed)",
      "content": "- Subjects: Expenditure, Fiscal policy, Housing prices, Labor, Prices, Public debt, Wages\n- Keywords: asset ratio, banking system profitability, CR, deposits ratio, Europe, GDP, Global, government balance, HICP inflation, house price appreciation, Housing prices, Ireland, ISCR, price, Wages\n\n---\n\n Content in this bundle\n\n- cr05369\n  - cr05369 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr05369 (PDF){rel=\"external\" type=\"application/pdf\"}"
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    "Published: October 17, 2005",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451818819.002",
    "Economic performance has been impressive, owing in significant measure to sound policies.",
    "In line with the global cycle, growth picked up strongly in 2004.",
    "Rapid employment growth has been supported by immigration, so the unemployment rate has been roughly unchanged and wage growth remained moderate.",
    "Housing price appreciation has slowed, but housing prices are high on various measures.",
    "Important progress has been made in preparing for population aging, but there are concerns that households are not saving enough for retirement.",
    "Growth: \"picked up strongly in 2004.\"",
    "Employment: \"Rapid employment growth\" supported by immigration.",
    "Unemployment rate: \"roughly unchanged.\"",
    "Population aging: \"Important progress has been made in preparing for population aging.\"",
    "Household saving: \"concerns that households are not saving enough for retirement.\"",
    "Subjects: Expenditure, Fiscal policy, Housing prices, Labor, Prices, Public debt, Wages",
    "Keywords: asset ratio, banking system profitability, CR, deposits ratio, Europe, GDP, Global, government balance, HICP inflation, house price appreciation, Housing prices, Ireland, ISCR, price, Wages",
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