Ireland has made considerable progress in rebounding from the crisis, but, like other OECD countries, continues to grapple with how to address lingering socio-economic impacts and ensure inclusive growth growing forward. Multi-faceted interventions, targeting disadvantaged populations and the places they live, can lead to more effective and inclusive policies. Ignoring the relationship between people and place will, in contrast, lead to further entrenched disadvantage. This report looks at some of the ways in which Ireland can build on an already comprehensive series of reforms to better weave together current policies and practices.
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.
English, PDF, 348kb
Business lending in Ireland has still not recovered to pre-crisis levels. Credit conditions remain tight, and interest rates high by Euro area standards, especially for small firms.
English, PDF, 553kb
Ireland was hit hard by the financial crisis and the labour market has yet to fully mend. The unemployment rate more than tripled from 4.6% in Q1 2007 to its peak of 15.1% in Q4 2011.
English, PDF, 2,789kb
The Irish government has taken resolute action to address the unemployment challenge, launching the Action Plan for Jobs (APJ) initiative in early 2012. Drawing on the expertise and experience of OECD member countries, this preliminary review examines key aspects of the Action Plan for Jobs and highlights some key policy priorities to boost job creation.