Ireland : Lessons from Its Recovery from the Bank-Sovereign Loop.

Ireland's major property bubble burst at the same time as the global financial crisis erupted, plunging the country into a severe recession in 2008-10. Public debt climbed rapidly as revenues collapsed and as banks' rising loan losses increasingly required public support. Following the Gre...

Full description

Bibliographic Details
Corporate Author: International Monetary Fund
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2015.
Series:Departmental Papers; Departmental Paper ; No. 2015/012
Online Access:Full text available on IMF