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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Consolidating the Public Finances

The public finance position has deteriorated markedly from the period of large surpluses recorded in the late 1990s and 2000. The slowdown in the economy in 2001 and 2002, particularly in real GNP, which may better reflect the economy’s base for income and taxation purposes, has led to lower revenue growth, while spending continued to expand at a high pace….

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