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Ireland: the tiger takes smaller leaps

Author

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  • Oscar-Erich Kuntze

Abstract

In Ireland, economic growth in 2000 grew at an 11% pace. This was not as fast as the two previous years but more than three times stronger than in other western European countries. On the labour market the situation improved dramatically, with the unemployment rate for the year falling to 4.2%. But inflation was quite strong at 5.3%. In 2001, real GDP will increase by ca. 6%. Consumer prices will increase, on average, by about 4%, and the unemployment rate will fall to 4%. In 2002 GDP will again be stronger than the western European average.

Suggested Citation

  • Oscar-Erich Kuntze, 2001. "Ireland: the tiger takes smaller leaps," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 54(15), pages 30-36, October.
    • Handle: RePEc:ces:ifosdt:v:54:y:2001:i:15:p:30-36
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    File URL: https://www.ifo.de/DocDL/ifosd_2001_15_6.pdf
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    Cited by:

    1. Volker Rußig, 2002. "Construction activity in Europe: moderate expansion after 2003," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 55(04), pages 26-33, February.

    More about this item

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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