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OECD Economic Surveys: Ireland 2011

image of OECD Economic Surveys: Ireland 2011

OECD's  2011 Economic Survey of Ireland examiens restoring fiscal sustainability, overcoming the banking crises and structural reforms to reduce unemployment and restore competitiveness.

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Assessment and recommendations

From 1994 to 2007 the Irish economy was a stellar performer. GDP growth averaged 7% per annum pushing Irish living standards to the fourth highest in the OECD. Growth was initially well-founded and genuine progress in the Celtic Tiger years has left Ireland with one of the most structurally sound economies in the OECD.

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