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The Prime Minister of Ireland, Taoiseach Enda Kenny TD, and Deputy Prime Minister Tánaiste Eamon Gilmore TD, visited the OECD on 7 February to discuss Ireland’s economic recovery and its partnership with the Organisation as a key ally supporting their reform agenda.
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This report on seeks to provide guidance on the design and delivery of a Youth Guarantee in Ireland based on the experience of other countries in designing guarantees or other comprehensive policy packages to help youth find productive and rewarding employment.
Ireland should increase its resources to detect and investigate foreign bribery more efficiently. Resources have, in recent years, been largely devoted to investigating non-bribery cases in the financial sector. Ireland has not prosecuted a foreign bribery case in the twelve years since its foreign bribery offence came into force, and law enforcement has taken few proactive steps to investigate allegations.
Tax revenues continue bouncing back from the low levels reported in almost all countries during 2008 and 2009, at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. This annual publication presents a unique set of detailed and internationally comparable tax revenue data in a common format for all OECD member countries from 1965 onwards.
Ireland leaves the three-year EU/IMF programme of assistance today Monday. Our economy is growing, our finances have stabilised and unemployment is coming down. Our strategy is working in Ireland, and our people are getting back to work.
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.
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Old-age poverty is relatively low and publicly-provided services contribute substantially to
maintain adequate living standards of the elderly.Pension replacement rates for future retirees are among the lowest in the OECD, so additional
private savings will be necessary to fill the retirement savings gap...
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Ireland continues to make substantive headway in improving health outcomes, but more can be done in reducing risk-factors for major diseases and improving value-for-money in health spending, according to a new OECD report.
With sound framework conditions, fine universities, good infrastructure and policies friendly towards foreign direct investment, Ireland scores high in international innovation scoreboards. Overall, policies to boost innovation and entrepreneurship are on the right track, but investment in knowledge-based capital could be made a more dynamic source of growth and jobs.
This paper describes the features of the tax, recounts the story of its interplay between fiscal adjustment and helping meet the obligations to raise taxes, and implications for competitiveness and carbon leakage, environmental effectiveness and equity issues, and draws conclusions regarding why it happened, and provides tentative insights for other countries in a similar situation.