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Unemployment and Fiscal Activism in a Small Open Economy

In: Unemployment in Europe

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  • John Bradley

Abstract

An endemically high rate of unemployment has always been one of the most pressing problems facing policy-makers in Ireland. Since 1980 the unemployment rate has risen inexorably, as illustrated in Figure 14.1. Furthermore, on the basis of the most recent medium-term projections to 1990 (Bacon, 1986) the unemployment rate is set to continue to rise, albeit at a much slower rate, to over 18 per cent of the labour force. This more recent rise in unemployment is, of course, a phenomenon not confined to Ireland, but shared, in one form or another, by many other European economies.

Suggested Citation

  • John Bradley, 1989. "Unemployment and Fiscal Activism in a Small Open Economy," Palgrave Macmillan Books, in: Joan Muysken & Chris Neubourg (ed.), Unemployment in Europe, chapter 14, pages 361-396, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-19795-8_21
    DOI: 10.1007/978-1-349-19795-8_21
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