Boosting competitiveness to grow out of debt : can Ireland find a way back to its future? /
"This paper investigates the prospects for Ireland to grow its economy against the backdrop of high indebtedness. The paper uses vector autoregressive analysis to explore the interlinkages among competitiveness, exports, economic growth, and fiscal performance. The emerging conclusion is that I...
Saved in:
| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
©2013.
|
| Series: | IMF working paper ;
WP/13/35. |
| Subjects: | |
| Online Access: | CONNECT |
MARC
| LEADER | 00000cam a2200000 a 4500 | ||
|---|---|---|---|
| 001 | mig00005499287 | ||
| 006 | m o d | ||
| 007 | cr cnu---unuuu | ||
| 008 | 130205s2013 dcu ob i000 0 eng d | ||
| 005 | 20240613144541.8 | ||
| 019 | |a 835906441 | ||
| 020 | |a 9781475547290 |q (electronic bk.) | ||
| 020 | |a 1475547293 |q (electronic bk.) | ||
| 035 | |a 1WRLDSHRocn826808305 | ||
| 035 | |a (OCoLC)826808305 |z (OCoLC)835906441 | ||
| 040 | |a DJB |b eng |e pn |c DJB |d OCLCA |d CUS |d OCLCA |d N$T |d OCLCA |d IDEBK |d E7B |d OCLCA |d EBLCP |d OCLCF |d OCLCQ |d YDXCP |d OCLCQ |d AGLDB |d OCLCA |d OCLCQ |d MERUC |d OCLCA |d U3W |d OCLCQ |d CEF |d AU@ |d OCLCQ |d STF |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d OCLCL |d OCLCQ |d OCLCL |d SXB | ||
| 043 | |a e-ie--- | ||
| 049 | |a TXMM | ||
| 050 | 4 | |a HG3881.5.I58 |b W67 No. 13/35eb | |
| 082 | 0 | 4 | |a 330.9417 |2 23 |
| 100 | 1 | |a Nkusu, Mwanza, |e author. | |
| 245 | 1 | 0 | |a Boosting competitiveness to grow out of debt : |b can Ireland find a way back to its future? / |c Mwanza Nkusu. |
| 260 | |a [Washington, D.C.] : |b International Monetary Fund, |c ©2013. | ||
| 300 | |a 1 online resource (35 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 347 | |a data file |2 rda | ||
| 490 | 1 | |a IMF working paper ; |v WP/13/35 | |
| 500 | |a Title from PDF title page (IMF Web site, viewed Feb. 5, 2013). | ||
| 500 | |a "Strategy, Policy, and Review Department"--Page 2 of pdf. | ||
| 500 | |a "February 2013"--Page 2 of pdf. | ||
| 520 | |a "This paper investigates the prospects for Ireland to grow its economy against the backdrop of high indebtedness. The paper uses vector autoregressive analysis to explore the interlinkages among competitiveness, exports, economic growth, and fiscal performance. The emerging conclusion is that Ireland, which has regained cost competitiveness following the crisis-driven fall in domestic prices, is poised to return to its path of strong exports and economic growth and lower imbalances provided that it maintains competitiveness, though a pickup in external demand is critical. Three main findings underpin this conclusion. First, external demand is an important driver of exports and also the single most important determinant of Ireland's GDP and government revenue. Second, declines in price competitiveness, featured by real effective exchange rate (REER) appreciations, restrain exports and economic growth. Third, exports boost output, which in turn enhances fiscal performance"--Abstract. | ||
| 504 | |a Includes bibliographical references (pages 24-25). | ||
| 505 | 0 | |a Cover; Contents; I. Introduction; II. Debt and Growth: Ireland's Experience and Current Struggle; A. Ireland's Pre-crisis Reforms, Growth, and Public Debt: A Virtuous Cycle; Figures; 1. Ireland: Public Debt in an International Perspective and Interest Burden; 2. Ireland: Reforms, Productivity, and Macroeconomic Performance; B. The crisis and its aftermath: Unearthing the seeds of the severity of the crisis; 3. Ireland: Economic Changes in the Run-up to the Crisis: Seeds of a Severe Crisis; 4. Ireland: FDI Dynamics in the Run-up to the Crisis. | |
| 505 | 8 | |a C. The Post-Crisis Imbalances: a Stumbling Block on Ireland's Way5. Ireland: Competitiveness Indicators Send Mixed Signals; III. Econometric Analysis; A. Data and stylized facts; B. Vector Autoregressive Specification; 6. Ireland: Exports, GDP Growth, and Fiscal performance (1980-2007); C. Exploring the linkages between exports, GDP, and revenue: baseline model; D. Expanded model: what does it reveal?; Tables; 1. Effects of Shocks to the REER measures: Impulse Responses and Forecast Error Variance Decomposition; 7. Ireland: Comparison of IRFs and FEVD from VAR1 and VAR2 models. | |
| 505 | 8 | |a IV. Prospects and ChallengesA. Paving Ireland's Way Back to the Future: the Role of Exports; B. Maintaining Competitiveness: A Must; 2. Ireland: Trading Partners' Demand, the REER, and Economic Outlook-- A Sensitivity Analysis; C. Challenging domestic financing conditions though FDI is a bright spot; V. Conclusion; Reference; Appendix. | |
| 500 | |a EBSCO eBook Academic Comprehensive Collection North America |5 TMurS | ||
| 500 | |a EBSCO eBook Business Collection |5 TMurS | ||
| 650 | 0 | |a Competition |z Ireland. | |
| 650 | 0 | |a Exports |z Ireland. | |
| 650 | 0 | |a Debts, Public |z Ireland. | |
| 650 | 0 | |a Economic development |z Ireland. | |
| 710 | 2 | |a International Monetary Fund. |b Strategy, Policy, and Review Department, |e issuing body. | |
| 730 | 0 | |a WORLDSHARE SUB RECORDS | |
| 758 | |i has work: |a Boosting competitiveness to grow out of debt (Text) |1 https://id.oclc.org/worldcat/entity/E39PCH7jtYdJcvJMTV7RTqVfRq |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 830 | 0 | |a IMF working paper ; |v WP/13/35. | |
| 856 | 4 | 0 | |u https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=548052&authtype=ip,sso&custid=s4672406 |z CONNECT |3 eBooks on EBSCOhost |t 0 |
| 907 | |a 4778582 |b 05-25-21 |c 07-06-20 | ||
| 949 | |a ho0 | ||
| 994 | |a 92 |b TXM | ||
| 998 | |a wi |d z | ||
| 999 | f | f | |s 25d7b668-11d3-4144-82df-543fcafdc4cf |i ce2cb51d-243b-4997-aae9-46184afe1f99 |t 0 |
| 952 | f | f | |a Middle Tennessee State University |b Main |c James E. Walker Library |d Electronic Resources |t 0 |e HG3881.5.I58 W67 No. 13/35eb |h Library of Congress classification |
