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Quarterly Economic Commentary, Summer 2008. With SPECIAL ARTICLE Ireland’s Innovation Performance: 1991 to 2005

Barrett, Alan and Kearney, Ide and O'Brien, Martin (2008) Quarterly Economic Commentary, Summer 2008. With SPECIAL ARTICLE Ireland’s Innovation Performance: 1991 to 2005. [Working Paper]

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    Abstract

    The recent trend of downward revisions to our previous forecasts continues in this Commentary in the light of emerging data. The downward revisions this time are such that we are now forecasting a contraction in the economy in 2008, with both GNP and GDP falling by 0.4 per cent in real terms. Thus Ireland will experience a recession for the first time since 1983. For 2009, we expect an upturn with real GNP expected to grow by 1.9 per cent and real GDP expected to grow by 2 per cent.

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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 15:20
    Number of Pages: 76
    Last Modified: 12 Sep 2019 15:20
    URI: http://aei.pitt.edu/id/eprint/99561

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