Duffy, David and McQuinn, Kieran and Morley, Ciara and Foley, Daniel (2015) Quarterly Economic Commentary, Winter 2015. [Working Paper]
Abstract
The Irish economy is set to register a substantial growth performance in 2015 with the expected 6.7 per cent year-on-year increase in output unsurpassed since 2005. While the Irish recovery has benefitted from a weak Euro and strong economic performance amongst key trading partners, it is noteworthy, particularly given a variety of countervailing factors; the ongoing difficulties in the Irish financial sector, the related low levels of credit extended, the persistent high levels of private sector debt and the anaemic performance of many European economies since 2010.
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