2003 OECD Economic Surveys: Ireland 2003

image of OECD Economic Surveys: Ireland 2003

This 2003 edition of OECD's periodic review of Ireland's economy includes special features on public expenditure reform and sructural policy.

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Assessment and Recommendations

The extraordinary growth in the second half of the 1990s, the era of the "Celtic Tiger", has given way to a more normal, albeit still rapid pace of expansion since 2001, though the extent of the slowdown has been more marked outside the multinationals sector. Some slackening in growth was in any case inevitable and even desirable given increased tensions in the economy, manifest in high inflation, worsening traffic congestion, rapidly rising house prices and recruitment difficulties...

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