Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland:
After a recession of historic proportions, an export-led recovery is gaining traction in Ireland. The pace of recovery, however, varies sharply across sectors. While export-oriented manufacturing and services, led by large multinationals, have reached record-high levels of output, inward-oriented se...
Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Paris
OECD Publishing
2011
|
| Schriftenreihe: | OECD Economics Department Working Papers
|
| Schlagwörter: | |
| Links: | https://doi.org/10.1787/5kg0szws6t6c-en |
| Zusammenfassung: | After a recession of historic proportions, an export-led recovery is gaining traction in Ireland. The pace of recovery, however, varies sharply across sectors. While export-oriented manufacturing and services, led by large multinationals, have reached record-high levels of output, inward-oriented sectors, where Irish-owned SMEs predominate, are by and large still struggling to emerge from the crisis. Reflecting the weakness of this traditional sector, which is labour intensive, unemployment rates remain very high, particularly among young men with low or intermediate qualifications, often formerly employed in the construction sector. To tackle high and persistent unemployment and thus stave off social exclusion, Ireland needs to further pursue an integrated three-pillar strategy: welfare reform to ensure that work pays; better activation policies to assist labour reallocation across sectors; and a sustained restraint in wages and other business costs to restore international competitiveness. In particular, often building on recent policy initiatives or commitments, this paper recommends reforms to further enhance product-market competition, improve innovation efforts and ameliorate the quality of education, which are key to economic prosperity. This Working Paper relates to the 2011 OECD Economic Survey of Ireland (www.oecd.org/eco/surveys/ireland) |
| Umfang: | 1 Online-Ressource (50 Seiten) 21 x 29.7cm |
| DOI: | 10.1787/5kg0szws6t6c-en |
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| 520 | |a After a recession of historic proportions, an export-led recovery is gaining traction in Ireland. The pace of recovery, however, varies sharply across sectors. While export-oriented manufacturing and services, led by large multinationals, have reached record-high levels of output, inward-oriented sectors, where Irish-owned SMEs predominate, are by and large still struggling to emerge from the crisis. Reflecting the weakness of this traditional sector, which is labour intensive, unemployment rates remain very high, particularly among young men with low or intermediate qualifications, often formerly employed in the construction sector. To tackle high and persistent unemployment and thus stave off social exclusion, Ireland needs to further pursue an integrated three-pillar strategy: welfare reform to ensure that work pays; better activation policies to assist labour reallocation across sectors; and a sustained restraint in wages and other business costs to restore international competitiveness. In particular, often building on recent policy initiatives or commitments, this paper recommends reforms to further enhance product-market competition, improve innovation efforts and ameliorate the quality of education, which are key to economic prosperity. This Working Paper relates to the 2011 OECD Economic Survey of Ireland (www.oecd.org/eco/surveys/ireland) | ||
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| indexdate | 2025-01-11T15:45:51Z |
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| language | English |
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| spellingShingle | Pina, Álvaro Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland Employment Economics Ireland |
| title | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland |
| title_alt | Des réformes structurelles pour lutter contre le chômage et rétablir la compétitivité en Irlande |
| title_auth | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland |
| title_exact_search | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland |
| title_full | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland Álvaro Pina = Des réformes structurelles pour lutter contre le chômage et rétablir la compétitivité en Irlande / Álvaro Pina |
| title_fullStr | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland Álvaro Pina = Des réformes structurelles pour lutter contre le chômage et rétablir la compétitivité en Irlande / Álvaro Pina |
| title_full_unstemmed | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland Álvaro Pina = Des réformes structurelles pour lutter contre le chômage et rétablir la compétitivité en Irlande / Álvaro Pina |
| title_short | Structural Reforms to Reduce Unemployment and Restore Competitiveness in Ireland |
| title_sort | structural reforms to reduce unemployment and restore competitiveness in ireland |
| topic | Employment Economics Ireland |
| topic_facet | Employment Economics Ireland |
| url | https://doi.org/10.1787/5kg0szws6t6c-en |
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