Economic stabilisation, recovery and growth : Ireland 1979-96

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Title: Economic stabilisation, recovery and growth : Ireland 1979-96
Authors: Walsh, Brendan M.
Leddin, Anthony J.
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Date: 1997
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
Copyright (published version): Irish Bankers' Federation, 1997
Subject LCSH: Ireland--Economic conditions--20th century
Economic development--Ireland
Ireland--Economic policy
Language: en
Status of Item: Not peer reviewed
Appears in Collections:Architecture, Planning and Environmental Policy Research Collection
Economics Research Collection

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