Catching up with the rest: the Irish experience

Kieran A. Kennedy

Chapter 7 in Improving Economic and Social Cohesion in the European Community, 1994, pp 93-114 from Palgrave Macmillan

Abstract: Abstract “atching up” in the EC context means the living standards of poorer countries approaching those of richer ones, i.e. real convergence, as distinct from nominal convergence in inflation, interest rates and budget balances. The most commonly-used measure of living standards in such comparisons is average GDP per capita. In some circumstances, however, this indicator may be seriously misleading.

Keywords: Member State; Social Cohesion; Real Interest Rate; Common Agricultural Policy; Single Market (search for similar items in EconPapers)
Date: 1994
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DOI: 10.1007/978-1-349-23438-7_7

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