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Ireland's Exposure To a Sterling Shock

David Duffy (), John Fitz Gerald () and Diarmaid Smyth
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John Fitz Gerald: Economic and Social Research Institute (ESRI)

Authors registered in the RePEc Author Service: John D. Fitzgerald ()

No WP135, Papers from Economic and Social Research Institute (ESRI)

Abstract: This paper examines the performance of sterling on international currency exchanges and the implications for the UK economy. Section 3 summarises the results from the EMU study published in 1996. Section four outlines the implications for Ireland of sterlings strength and considers the impact of a sudden 25 per cent depreciation in sterling onboth the Irish and the UK economies. Section five presents our conclusions.

Date: 2000-12
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