Ireland: Staff Report for the 2005 Article IV Consultation

October 17, 2005

Preview Citation

Format: Chicago

Ireland: Staff Report for the 2005 Article IV Consultation, (USA: International Monetary Fund, 2005) accessed December 12, 2024

Summary

This 2005 Article IV Consultation for Ireland reports that economic performance has been impressive, owing in significant measure to sound policies. In line with the global cycle, growth picked up strongly in 2004. Rapid employment growth has been supported by immigration, so the unemployment rate has been roughly unchanged and wage growth remained moderate. Housing price appreciation has slowed, but housing prices are high on various measures. Important progress has been made in preparing for population aging, but there are concerns that households are not saving enough for retirement.

Subject: Expenditure, Fiscal policy, Housing prices, Labor, Prices, Public debt, Wages

Keywords: Asset ratio, Banking system profitability, CR, Deposits ratio, Europe, GDP, Global, Government balance, HICP inflation, House price appreciation, Housing prices, Ireland, ISCR, Price, Wages

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2005/369
Stock No:

1IRLEA2005001
ISBN:

9781451818819
ISSN:

1934-7685

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