Ireland: 2019 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Ireland
Electronic Access:
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Summary:
The Irish economy continues to expand strongly, benefitting from higher net exports by multinational enterprises and robust domestic demand. Accelerating wage growth reflects tight labor market conditions and inflation has started to pick up. Crisis legacies have diminished but some vulnerabilities persist. The outlook remains broadly positive, provided Brexit proceeds in an orderly manner. However, the economy operates near full capacity and an accelerating cyclical momentum could re-ignite a boom-bust dynamic. A no-deal Brexit represents the key downside risk, while escalation in global protectionism and sudden changes in corporate tax planning of multinational enterprises in Ireland could adversely affect the economy and public finances.
Series:
Country Report No. 2019/164
Subject:
Banking Corporate income tax Credit Economic sectors Financial sector Housing Money National accounts Public debt Taxes
English
Publication Date:
June 17, 2019
ISBN/ISSN:
9781498319867/1934-7685
Stock No:
1IRLEA2019001
Pages:
76
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