01588cas a2200241 a 4500 AALejournalIMF003840 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451818826 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Ireland : Selected Issues. Washington, D.C. : International Monetary Fund, 2005. 1 online resource (64 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper for Ireland highlights that fiscal consolidation resulted in a tremendous reduction in public debt from nearly 100 percent of GDP in 1991 to about 30 percent in 2004. This has reflected a combination of policy decisions and economic circumstances. Excluding 2001, when the economy has been affected by the global economic slowdown, Ireland has in general consistently enjoyed favorable surprises in its public finances. Indeed, during this period, the actual fiscal outturns have exceeded budget forecasts on average by 0.3 percent of GDP a year. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2005/370 Full text available on IMF http://elibrary.imf.org/view/journals/002/2005/370/002.2005.issue-370-en.xml IMF e-Library