{
  "title": "Ireland: Selected Issues",
  "publication": "IMF Staff Country Reports, June 26, 2017",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2017/06/26/ireland-selected-issues-45007",
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  "summary": "This Selected Issues paper provides an overview of income distribution and the welfare system in Ireland, with a focus on the crisis and postcrisis periods. Ireland’s flexible economy and strong social safety net helped mitigate the adverse effects of the property-driven crisis.",
  "publishDate": "2017-06-26",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- This Selected Issues paper provides an overview of income distribution and the welfare system in Ireland, with a focus on the crisis and postcrisis periods.\n- Ireland’s flexible economy and strong social safety net helped mitigate the adverse effects of the property-driven crisis.\n- Although economic conditions are improving rapidly, lifting employment, ongoing efforts are needed to address the lingering impact on those hardest hit, including the long-term unemployed and unemployed youth.\n- Consistent efforts are needed to support sustainable and inclusive growth and meet ambitious social targets, including the reduction of consistent poverty to 2 percent by 2020."
    },
    {
      "heading": "Key Findings",
      "content": "- Ireland’s flexible economy and strong social safety net were important factors in mitigating adverse effects of the property-driven crisis.\n- Economic conditions are improving rapidly and lifting employment.\n- Persistent challenges remain for vulnerable groups:\n  - Long-term unemployed.\n  - Unemployed youth.\n- Meeting social targets requires sustained policy effort:\n  - Target: reduction of consistent poverty to 2 percent by 2020."
    },
    {
      "heading": "Policy Implications and Recommendations",
      "content": "- Continue targeted policies to assist those hardest hit by the crisis, with particular focus on:\n  - Long-term unemployed.\n  - Youth unemployment.\n- Maintain and strengthen measures that support sustainable and inclusive growth while pursuing social targets such as reducing consistent poverty to 2 percent by 2020.\n- Ensure the tax-benefit system and labor policies remain aligned to support disposable income, income distribution, and reduction of income inequality."
    },
    {
      "heading": "Subjects and Keywords",
      "content": "- Subject: Disposable income, Income distribution, Income inequality, Labor, National accounts, Personal income\n- Keywords: CR, Disposable income, Europe, Global, gross value added, household debt, IMF staff, Income distribution, Income inequality, intangible operation, Ireland, ISCR, multinational, multinational-dominated sector, Personal income, tax-benefit system\n\n---\n\n Content in this bundle\n\n- Country Report\n  - Country Report (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Country Report (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2017/06/26/ireland-selected-issues-45007"
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    "Published: June 26, 2017",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781484305546.002",
    "This Selected Issues paper provides an overview of income distribution and the welfare system in Ireland, with a focus on the crisis and postcrisis periods.",
    "Ireland’s flexible economy and strong social safety net helped mitigate the adverse effects of the property-driven crisis.",
    "Although economic conditions are improving rapidly, lifting employment, ongoing efforts are needed to address the lingering impact on those hardest hit, including the long-term unemployed and unemployed youth.",
    "Consistent efforts are needed to support sustainable and inclusive growth and meet ambitious social targets, including the reduction of consistent poverty to 2 percent by 2020.",
    "Ireland’s flexible economy and strong social safety net were important factors in mitigating adverse effects of the property-driven crisis.",
    "Economic conditions are improving rapidly and lifting employment.",
    "Persistent challenges remain for vulnerable groups:",
    "Meeting social targets requires sustained policy effort:",
    "Continue targeted policies to assist those hardest hit by the crisis, with particular focus on:",
    "Maintain and strengthen measures that support sustainable and inclusive growth while pursuing social targets such as reducing consistent poverty to 2 percent by 2020.",
    "Ensure the tax-benefit system and labor policies remain aligned to support disposable income, income distribution, and reduction of income inequality.",
    "Subject: Disposable income, Income distribution, Income inequality, Labor, National accounts, Personal income",
    "Keywords: CR, Disposable income, Europe, Global, gross value added, household debt, IMF staff, Income distribution, Income inequality, intangible operation, Ireland, ISCR, multinational, multinational-dominated sector, Personal income, tax-benefit system",
    "**Country Report**"
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