Ireland: Selected Issues
Electronic Access:
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Summary:
This Selected Issues paper outlines some of the technical issues associated with implementation of European Union (EU) fiscal rules in Ireland. Ireland is expected to exit the Excessive Deficit Procedure in 2015. From a peak of 13.3 percent of GDP in 2010, the overall deficit was brought down to an estimated 3.9 percent of GDP in 2014. In this paper, EU fiscal rule framework is discussed in more detail. Technical challenges in estimating potential output in Ireland, and some options to address these challenges are also outlined.
Series:
Country Report No. 2015/078
Subject:
Expenditure Financial institutions Fiscal policy Fiscal stance Loans Mutual funds Output gap Potential output Production
English
Publication Date:
March 25, 2015
ISBN/ISSN:
9781475599336/1934-7685
Stock No:
1IRLEA2015004
Pages:
33
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