Medium-Term Review: 2013-2020, No. 12

John Fitzgerald (), Ide Kearney, Adele Bergin, Thomas Conefrey, David Duffy, Kevin Timoney () and Nusa Znuderl

No MTR12 in Forecasting Report from Economic and Social Research Institute (ESRI)

Abstract: The experience of the last five years has been truly exceptional, involving the worst economic crisis in Ireland since the Second World War. The legacy effects of this crisis include a dramatic increase in the indebtedness of the state as well as an exceptionally high level of unemployment. The purpose of this Medium-Term Review is, first, to explore how the Irish economy works; second, to set out a range of possible future scenarios for the economy and third to use these scenarios to consider how domestic policy might improve the possible outcomes. Because of the uncertainty about the future, we consider three possible scenarios or paths for the economy over the rest of the decade. It will be some time before we know which of these scenarios is most likely to be correct and policy needs to take account of this uncertainty.

Keywords: mtr/Ireland/unemployment/scenarios/Policy/uncertainty (search for similar items in EconPapers)
Date: 2013
ISBN: 97807070035
Note: Publisher: ESRI
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

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Persistent link: https://EconPapers.repec.org/RePEc:esr:forcas:mtr:v:12

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