The Economy of Irel ELEVENTH EDITION
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1 The Economy of Irel ELEVENTH EDITION National and Sectoral Edited by John O'Hagan and B 90 GILL & MACMILLAN
2 Contents Preface vn Section I ~" { POLICY CONTEXT Chapter Historical Background Jonathan Haughton Why Economic History? From the Battle of the Boyne to 8 From 8 to Independence From Independence to 90 From 90 to 999 Concluding Observations Chapter Policy Objectives for a Regional Economy Dermot McAleese Growth and Employment Growth and Human Welfare Equity, Income Distribution and Happiness Price Stability Competitiveness Conclusion Chapter Section II POLICY IMPLEMENTATION Role of Government: Rationale and Issues Philip R. Lane
3 Rationale for Government Intervention Levels of Government Public Expenditure and Taxation Other Policy Instruments Size of Government: Economic?"and Political Factors Conclusion Chapter Taxation Michedl Collins Principles of a Good Tax System The Irish Taxation System Evaluation: Taxes on Income Evaluation: Indirect Taxes, Corporation Taxes and Property Taxes Deferred Taxation: Public Debt Conclusion Chapter Regulation and Competition Policy Francis O'Toole Regulation: Principles and Issues 'Better'Regulation 8 Regulation and the Irish Banking Crisis Competition Policy Regulation of Natural Monopolies and Networks Concluding Comments Section III POLICY ISSUES AT A NATIONAL LEVEL Chapter Population, Employment and Unemployment 8 John O 'Hagan and Tara Mclndoe-Calder 8 Population 0, Labour Supply Employment: Growth and Composition Unemployment: Extent and Features Adapting to New Technology, and Increased Trade and Migration Flexibility in the Labour Market 0 8 Conclusion 0
4 Chapter Growth in Output and Living Standards Jonathan Haughton The Celtic Tiger How Affluent is Ireland? Determinants of Irish Affluence From Output per Person to Output per Worker Growth in Output: A Synthesis Will Growth Continue? Chapter 8 Social Justice: Distribution, Poverty and Policy Responses 0 Michael King 0 Causes of Inequality and Poverty 0 Benefits and Costs of Reducing Inequality and Poverty 09 Inequality and Poverty in Ireland Political Economy of Poverty and Inequality Reduction Policy Efforts and Challenges "~ J ". Conclusions Section IV POLICY ISSUES IN THE MARKET SECTOR Chapter 9 Manufacturing and Internationally Traded Services Role and Evolution of Industrial Policy in Ireland 8 Nature and Importance of the Manufacturing Sector in Ireland Internationally Traded Services 9 Foreign Direct Investment Concluding Comments 9 Chapter 0 Physical Infrastructure, Energy and the Environment j Eleanor Denny and John O 'Hagan I j y Physical Infrastructure: Importance and Provision Transport and Communications Infrastructure 9 Energy Sector: Importance and Provision Performance and Policy Issues in Energy Supply End-User Energy Prices and Competition 8 Environmental Issues 8 8 Conclusions 9
5 Chapter The Agri-Food Sector Alan Matthews Agricultural Sector Agricultural Policy Food Processing and Distribution Food Policy Conclusions Section V POLICY ISSUES IN THE NON-MARKET SECTOR Chapter Health: Funding, Access and Efficiency Anne Nolan Why Government Intervention? Key Features of the Irish Health Service 0 "** - : ~ The Irish Healthcare System in Comparative Context Health Sector Finance and Access 0 Control of Healthcare Expenditure Concluding Comments Chapter Education: Market Failure and Government Interventions 9 9 Economic Perspectives of Education 0 Education Policy in Ireland Delivery and Effectiveness of Education Services Conclusion Index
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