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This paper investigates the prospects for Ireland to grow its economy against the backdrop of high indebtedness. The … fiscal performance. The emerging conclusion is that Ireland, which has regained cost competitiveness following the crisis … conclusion. First, external demand is an important driver of exports and also the single most important determinant of Ireland …
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On September 29, 2008 - two weeks after the collapse of Lehman Brothers, the government of Ireland took the bold step … more than double Ireland's gross domestic product, but none of the banks were immediately nationalized. The Icelandic … country, economists have looked at Ireland and Iceland to study possible responses to other financial crises …
Persistent link: https://www.econbiz.de/10013026257
At year-end 2005, almost all of the total assets of Iceland's banking system were concentrated in just three banks (Glitnir, Kaupthing, and Landsbanki). These banks were criticized by certain financial analysts in early 2006 for being overly dependent on wholesale funding, much of it short-term,...
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All public companies in the European Union, including Ireland's major banks, were required to adopt IAS 39 for their …
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Ireland went from being the poorest member of the European Economic Community in 1973 to enjoying the second highest … in property-related lending in the 2000s. The growth in the aggregate loan balances of Ireland's six major banks greatly … global financial crisis, and, on September 29, 2008, the government of Ireland took the unprecedented step of guaranteeing …
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This paper analyses Foreign Direct Investment (FDI) investment in Ireland and Iceland from other European countries … the financial crisis of 2008, European Union (EU) membership did not help Ireland attract more FDI from other EU countries …. However, once it had been hit by the crisis, Ireland attracted more FDI from other EU countries. Iceland, on the other hand …
Persistent link: https://www.econbiz.de/10012416927