01600cas a2200241 a 4500 AALejournalIMF012146 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475510461 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Ireland : Selected Issues. Washington, D.C. : International Monetary Fund, 2012. 1 online resource (74 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 The Selected Issues paper describes the nexus between household wealth, saving, and consumption, and provides estimates for the medium-term path of household saving and consumption. The paper also discusses to what extent the credit market frictions are holding back Ireland's economic recovery. Under current macroeconomic assumptions, the savings rate is expected to decline. Households have rapidly accumulated debt during boom times, and incomes and asset values have declined severely during the crisis. The Executive Board welcomes the country's efforts toward economic recovery. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2012/265 Full text available on IMF http://elibrary.imf.org/view/journals/002/2012/265/002.2012.issue-265-en.xml IMF e-Library