Ireland: 2010 Article IV Consultation: Staff Report; and Public Information Notice on the Executive Board Discussion

International Monetary Fund

No 2010/209, IMF Staff Country Reports from International Monetary Fund

Abstract: Irish policymakers have gained significant credibility, through assertive steps, to deal with the most potent sources of vulnerability. A continuation of vigorous policy efforts is required with an emphasis on risk management. Much progress has been made on the financial stability agenda, but a special bank resolution scheme is required. The government has stayed on course, toward their consolidation goals. A medium-term fiscal framework incorporating expenditure ceilings is a valuable management tool that will help create greater transparency of fiscal priorities and reduce fiscal volatility.

Keywords: ISCR; CR; GDP; liquidity provision; deficit; holding; property bubble; central bank; potential GDP; B. data standard; output gap; Exports; Credit; Unemployment; Unemployment rate; Global (search for similar items in EconPapers)
Pages: 46
Date: 2010-07-13
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