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Economic stabilisation, recovery and growth : Ireland 1979-96
Author(s)
Date Issued
1997
Date Available
2009-10-28T15:04:06Z
Abstract
This article reviews the transformation of the Irish economy since the early 1980s. Credit for the initial stabilisation of the economy is given to the shock therapy of cutting expenditure, favourable exchange rate and other external developments. Possible explanations of the higer rate of growth of output now being achieved include a high level of investment in human capital, improved quality of physical capital formation, and a falling burden of taxation. The contribution of the return to centralised wage bargaining and the role of European Union (EU) assistance are also discussed. The prospects for further economic growth over the medium term are considered to be good.
Type of Material
Journal Article
Publisher
Irish Bankers' Federation
Journal
Irish Banking Review
Issue
Summer 1997
Start Page
2
End Page
18
Copyright (Published Version)
Irish Bankers' Federation, 1997
Subject – LCSH
Ireland--Economic conditions--20th century
Economic development--Ireland
Ireland--Economic policy
Language
English
Status of Item
Not peer reviewed
ISSN
0021-1060
This item is made available under a Creative Commons License
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