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THE EU/IMF RESCUE PROGRAMME FOR IRELAND: 2010–13
Author(s) -
Barrett Sean D.
Publication year - 2011
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2011.02080.x
Subject(s) - moral hazard , irish , accountability , corporate governance , business , public sector , economic policy , accounting , finance , public administration , financial system , economics , political science , market economy , economy , law , linguistics , philosophy , incentive
The EU/IMF €85 billion rescue of the Irish economy required Ireland to address critical problems in banking and bank regulation, the public finances and structural reform. Ireland must also address weak expertise in economics in the public sector and in banking, rent‐seeking, regulatory capture, moral hazard, lack of accountability and failures of corporate governance.