Research Catalog

The economic adjustment programme for Ireland : Spring 2011 review

Title
The economic adjustment programme for Ireland : Spring 2011 review / European Commission, Directorate-General for Economic and Financial Affairs.
Publication
Luxembourg : Publications Office of the European Union, 2011.

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TextUse in library HC260.5 .E366 2011q OversizeOff-site

Details

Additional Authors
European Commission. Directorate-General for Economic and Financial Affairs.
Description
74 pages : color illustrations; 30 cm.
Summary
"This paper reports on the joint EC-ECB-IMF review of policy conditionality under EU/IMF financial assistance programme to Ireland up to end-March 2011. It also incorporates in an annex the updated programme documents, endorsed by the ECOFIN on 17 May 2011 and the IMF Executive Board on 16 May 2011. The economy is rebalancing away from domestic demand and towards net exports, as expected. Barring a minor downward revision in the growth forecast for 2011, the macroeconomic framework of the programme remains appropriate. Programme implementation has been strong: fiscal targets have been met or are on track to be met, a comprehensive strategy to recapitalize, restructure, and deleverage domestic banks has been developed based on thorough stress-tests, and steps have been taken towards the programme's structural reform objectives. Importantly, the new government has taken full ownership of the programme. Going forward, continued strict programme implementation remains essential to buttress credibility in the policy framework and in the achievability of the programme consolidation objectives."--Provided by publisher.
Series Statement
European economy. Occasional papers, 1725-3195 ; 78
Uniform Title
European economy. Occasional papers ; no. 78.
Subject
  • 2000-2099
  • Economic stabilization > Ireland
  • Economic assistance > Ireland
  • Economic assistance > European Union countries
  • Fiscal policy > Ireland
  • Economic assistance, Irish
  • Conditions économiques
  • Crise économique
  • Aide économique
  • Aide financière
  • Economic assistance, Irish
  • Economic assistance
  • Economic history
  • Economic policy
  • Economic stabilization
  • Fiscal policy
  • Ireland > Economic conditions > 21st century
  • Ireland > Economic policy > 21st century
  • Irlande
  • European Union countries
  • Ireland
Note
  • "May 2011"--Cover.
  • "KC-AH-11-078-EN-C"--Page 4 of cover.
Bibliography (note)
  • Includes bibliographical references.
Additional Formats (note)
  • Also available in an electronic version.
Contents
Executive summary -- Introduction -- Economic developments and outlook -- Programme implementation -- Policy commitments for future reviews -- Conclusions -- Annex.
ISBN
  • 9789279193293
  • 9279193295
OCLC
  • ocn746154234
  • 746154234
  • SCSB-1849142
Owning Institutions
Princeton University Library