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Quarterly Economic Commentary, Spring 2013

Duffy, David and Timoney, Kevin (2013) Quarterly Economic Commentary, Spring 2013. [Working Paper]

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    Abstract

    The Irish economy stabilised in broad terms in 2012, despite a challenging international context and ongoing difficulties in the eurozone in particular. Mainly due to a strong services exports performance, GDP grew by just under 1 per cent in 2012. GNP expanded by 3.4 per cent, although closer inspection reveals that this figure overstates the underlying growth activity (see FitzGerald, this issue). Domestic demand contracted once again, although the pace of contraction was much less severe than in any year since 2008. The unemployment rate averaged 14.7 per cent in 2012 while the fall in employment continued.

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    Item Type: Working Paper
    Subjects for non-EU documents: Countries > Ireland
    EU policies and themes > Policies & related activities > economic and financial affairs
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Economic and Social Research Institute (ESRI), Dublin > ESRI Quarterly Economic Commentary
    Depositing User: Phil Wilkin
    Official EU Document: No
    Language: English
    Date Deposited: 12 Sep 2019 15:16
    Number of Pages: 75
    Last Modified: 12 Sep 2019 15:16
    URI: http://aei.pitt.edu/id/eprint/99584

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