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Ireland: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper discusses Ireland’s trade and financial linkages with key partner countries. The paper uses a vector autoregression to examine the impact of shocks to partner country GDP and shocks to Irish competitiveness on Irish GDP. Two main findings are that shocks to U.S. GDP have a much larger impact on the variance of Irish GDP than shocks to the euro area or the United Kingdom. The paper also uses the IMF’s Global Fiscal Model to compare the effects of alternative fiscal adjustment strategies on employment and growth.

Suggested Citation

  • International Monetary Fund, 2007. "Ireland: Selected Issues," IMF Staff Country Reports 2007/326, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2007/326
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=21349
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    References listed on IDEAS

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    1. Man-Keung Tang, 2007. "Private-Sector Financial Liabilities in Advanced Economies: Is More Better?," IMF Working Papers 2007/118, International Monetary Fund.
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