OECD economic surveys. Ireland

OECD economic surveys Ireland Ireland /

This 2015 OECD Economic Survey of Ireland examines recent economic developments, policies and prospects. The special chapter covers inclusive growth.

Detalles Bibliográficos
Autor principal: Organisation for Economic Co-operation and Development (author)
Autor Corporativo: Organisation for Economic Co-operation and Development, author (author)
Formato: Libro electrónico
Idioma:Inglés
Publicado: Paris : OECD [2015]
Materias:
Ireland > Economic conditions > 21st century.
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009706122406719
Tabla de Contenidos:
  • Intro
  • Table of contents
  • Basic statistics of Ireland, 2014
  • Executive summary
  • Main findings
  • Key recommendations
  • Assessment and recommendations
  • Figure 1. Strong growth is returning to Ireland
  • Table 1. Progress on structural reforms
  • Macroeconomic performance and risks
  • Figure 2. Regained competitiveness contributes to Irish exports
  • Figure 3. The recovery is well underway and becoming more broad-based
  • Figure 4. Debt and non-performing loans are high
  • Table 2. Macroeconomic indicators and projections
  • Further strengthening the fiscal position
  • Table 3. Fiscal indicators
  • Figure 5. Balancing the budget would put debt on a downward trend
  • Box 1. Uncertainties about the Irish economy's prospects
  • Ensuring financial stability
  • Figure 6. Property markets are reviving
  • Making growth more inclusive
  • Figure 7. Wellbeing indicators are mixed
  • Figure 8. Ireland performs well in some inclusiveness dimensions
  • Figure 9. Income support for the long-term unemployed is generous in Ireland
  • Figure 10. Marginal Effective Tax Rates are high for low income families
  • Figure 11. Long-term unemployment is high
  • Improving the tax and welfare system
  • Efficient activation policy with strict implementation of conditionality
  • Providing the right kinds of skills
  • Figure 12. Numeracy skills are lacking
  • Better family policy: Encouraging voluntary participation of women
  • Figure 13. The cost of childcare is high
  • Fostering productivity
  • Figure 14. Ireland's trend GDP growth rate has declined
  • Figure 15. Investment in Knowledge Based Capital has slowed
  • Maintaining FDI attractiveness
  • Tuning-up innovation support for new firms
  • Getting more from competition
  • Migration contributes to reducing skill mismatches
  • Improving environmental sustainability
  • Table 4. Climate change scorecard.
  • Bibliography
  • Annex. Structural reform
  • Thematic chapters
  • Chapter 1. Growing together: Towards a more inclusive Ireland
  • How inclusive is growth in Ireland?
  • Figure 1.1. Ireland's market income GINI is the highest in the OECD
  • Figure 1.2. Ireland's disposable income GINI is below the OECD average
  • Figure 1.3. The increase in market income inequality in Ireland was largely driven by employment effects
  • Figure 1.4. Internationally income1 is becoming more concentrated at the top
  • Figure 1.5. Share of the bottom 20% households in market income is low in Ireland
  • Figure 1.6. Risk of poverty is high without social transfers
  • Why is there such high inequality at market incomes?
  • Table 1.1. High shares of labour earnings are concentrated at the top and bottom of the scale
  • Figure 1.7. Skill-based wage differentials are high in Ireland
  • Table 1.2. The low-educated are more likely to be jobless than the OECD average
  • How does Ireland reduce inequality?
  • Social mobility is low at the low end of distribution
  • Table 1.3. Assets are distributed unevenly across income and socio-economic groups
  • Towards more inclusive growth
  • Building skills and getting more people back into work
  • Figure 1.8. Skill mismatches are high
  • Figure 1.9. A low proportion of adults have high-level skills
  • Using active labour market policies to boost employment
  • Effective implementation of conditionality is required
  • Welfare payments and work incentives
  • Fostering inclusive growth through fairer and more efficient welfare and taxation
  • Reducing welfare traps
  • Reducing low income traps
  • Figure 1.10. Average tax wedge is low for the low paid and close to the OECD average for the higher paid
  • Figure 1.11. Some undesirable jumps in the marginal effective tax rate are built into the current system.
  • Table 1.4. Tax rates and bands for PAYE taxpayers: Actual and alternative scenarios
  • Figure 1.12. Lower income households with children face additional disincentives to work
  • Table 1.5. The marginal effective tax rate for the low paid can be reduced by changing in-work benefits
  • Raising revenue more efficiently: Personal capital taxes
  • Table 1.6. Taxation is not neutral across different asset classes
  • Property taxes
  • Figure 1.13. Taxes on property are low by international standards
  • Value added tax
  • Figure 1.14. The standard VAT rate is high but the revenue base is narrow
  • A more inclusive business sector
  • Box 1.1. Corporate investment in human capital
  • Recommendations for increasing the inclusiveness of growth
  • Bibliography
  • Chapter 2. Migration in Ireland: Challenges, opportunities and policies
  • Figure 2.1. The Irish labour market is exceptionally open to migration flows
  • The patterns of migration
  • Figure 2.2. Destinations and origins have changed over time
  • Countries of destination and origin have changed
  • Figure 2.3. Migration is concentrated in youngest cohorts
  • Figure 2.4. The size of the Irish youth cohort has decreased
  • Figure 2.5. Salaries for recent graduates have declined
  • Figure 2.6. Many emigrants were in employment prior to their departure
  • Figure 2.7. One out of five Irish emigrants is employed in the health and social work sector
  • The economic impact of migration
  • Impact on the housing market and on infrastructure
  • Impact on the labour force
  • Figure 2.8. Net migration is expected to remain negative in the short run
  • Figure 2.9. The share of the foreign born population that is well-educated is high
  • Figure 2.10. Migration is large among highly educated individuals
  • Maintaining the attractiveness of Ireland as a destination for skilled workers.
  • Optimising labour migration policies
  • Box 2.1. Employment permits in Ireland
  • The role of return migration
  • Connecting with the Irish diaspora
  • Well-being and the quality of services can attract skills
  • Integrating migrants
  • Immigrants were particularly hit by the crisis
  • Figure 2.11. Immigrants were particularly hit by the crisis
  • Avoiding a cycle of brain gain, waste and drain
  • Figure 2.12. Over-qualification and mismatches rates are higher for foreign-born
  • Figure 2.13. Chances of having a well-matched job depend on field of study
  • Preparing for challenges associated with second generation immigrants
  • Adapting labour market, education and pension policies
  • Recommendations for getting the most out of migration
  • Bibliography
  • Annex. Estimation of bilateral migration flows.

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