Since 2014
Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?
The Economic and Social Review
View Archive Info| Field | Value | |
| Title |
Ireland’s Medium-Term Growth Prospects: a Phoenix Rising?
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| Creator |
Crafts, Nicholas
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| Subject |
economic growth; economic forecasting; Ireland
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| Description |
This paper considers Ireland’s growth prospects through 2030. Real GDP growth averaging 3 per cent per year is possible but will require a stronger labour productivity growth performance than is currently projected by OECD. Success depends on a favourable external environment and would be jeopardised by a return to the pre-crisis “bubble economy” but can be underpinned by exploiting the remaining scope for catch-up growth. “Appropriate growth theory” provides a useful lens through which to review Ireland’s growth policy and performance as a “close-to-frontier” economy and this underlines the importance of further strengthening and rationalising innovation policies.
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| Publisher |
The Economic and Social Review
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| Contributor |
—
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| Date |
2014-03-30
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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| Format |
application/pdf
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| Identifier |
http://www.esr.ie/article/view/109
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| Source |
The Economic and Social Review; Vol 45, No 1, Spring (2014): with Policy Papers from 'Future Directions of the Irish Economy' Conference, 10 January 2014; 87-112
0012-9984 |
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| Language |
eng
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| Relation |
http://www.esr.ie/article/view/109/77
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| Rights |
Copyright (c) 2015 The Economic and Social Review
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