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Ireland; Selected Issues

International Monetary Fund

No 17/172, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper provides an overview of income distribution and the welfare system in Ireland, with a focus on the crisis and postcrisis periods. Ireland’s flexible economy and strong social safety net helped mitigate the adverse effects of the property-driven crisis. Although economic conditions are improving rapidly, lifting employment, ongoing efforts are needed to address the lingering impact on those hardest hit, including the long-term unemployed and unemployed youth. Consistent efforts are needed to support sustainable and inclusive growth and meet ambitious social targets, including the reduction of consistent poverty to 2 percent by 2020.

Keywords: Income distribution; Welfare; Pensions; Social safety nets; Household credit; Taxation; Labor market policy; Tax reforms; Transnational corporations; Selected issues; Ireland (search for similar items in EconPapers)
Date: 2017-06-26
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Handle: RePEc:imf:imfscr:17/172