Tuesday, February 22, 2011

Lane - Irish Economic Crisis

Philip Lane's recently released paper on the Irish economic crisis is available on this link:
"Ireland is in the midst of a severe crisis. While the global financial crisis has affected all economies to varying degrees, it has been especially severe in Ireland with a cumulative nominal GDP decline of 21 percent from Q4 2007 to Q3 2010. This ranks Ireland among the worst-affected countries in terms of output performance during this period (Lane and Milesi-Ferretti 2010)."

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