OECD's 2009 review of Ireland's economy. This edition includes chapters covering recent macroeconomic developments and financial stability, rebuilding public finances, getting people into work, and boosting competitiveness and raising living standards.
Executive summary Chapter 1. Restoring macroeconomic and financial stability -Unwinding imbalances -Resolving the banking crisis -Financial regulation and supervision -Macroeconomic stability and macro-prudential policy -The housing market needs to be reformed -Potential output is crucial for the outlook -Bibliography Chapter 2. Rebuilding the public finances.
-Fiscal conditions have deteriorated abruptly -Revenues need to be raised and the tax system reformed -Reducing public spending and increasing efficiency -Strengthening fiscal rules and institutions -Bibliography Chapter 3. The labour market: Getting people into work.
-Short-term labour market adjustment -High levels of unemployment will be hard to cut -Migration has begun to reverse -Policies to raise employment in the long term -Bibliography Chapter 4. Boosting competitiveness and raising living standards -Competition is weak in some sectors -The infrastructure has improved but further investment is required -Education and skills are the key to long-run growth -Research and development (R&D) activity has increased -Sustainable development and climate change -Bibliography -Annex 4.A1. Progress in structural reform