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This country note from Going for Growth 2017 for Ireland identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
The Irish economy is growing strongly, but there is a risk many households will be left behind despite robust growth. High joblessness especially among the low-educated and skill-biased wage differentials have induced high market income inequality, among the highest in the OECD.
The Irish labour market is exceptionally open to international migration flows, thus making labour supply highly responsive to changes in cyclical conditions. Immigration provides the skills that the Irish economy needs.
This paper identifies the labour market impact of the Great Recession on immigrants compared to natives and how this relationship has evolved since the downturn.
The data presented in the latest OECD Economic Survey of Ireland suggest that rather than "brain drain" Ireland exhibits "brains exchange", a large proportion of emigrants and immigrants are well qualified.
TThe economic literature suggests that a revenue-neutral shift of tax revenues from income taxes to property taxes would increase GDP per capita in the medium term. This paper analyses for Ireland the consequences of such a shift in the tax mix.
This paper analyses income inequality in Ireland using a new panel dataset based on the administrative tax records of the Revenue Commissioners for Ireland.
Ireland has successfully overcome a large economic crisis. Getting the long-term unemployed back into work is the key to spreading the benefits of the recovery widely. Ireland can do more to facilitate skilled migration. Raising productivity requires boosting competition and innovation.
English, PDF, 97kb
This country note from Going for Growth 2015 for Ireland identifies and assesses progress made on key reforms to boost long-term growth, improve competitiveness and productivity and create jobs.
Irish youth was hit hard by the crisis. New labour-market policy initiatives have been introduced recently, but more will be needed to limit scarring effects and keep youth connected so that they can get back to work as soon as the recovery strengthens.