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Development of Ireland's monetary policy focusing on EMU.

Farrelly, Aoife (2000) Development of Ireland's monetary policy focusing on EMU. Undergraduate thesis, Dublin, National College of Ireland.

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Abstract

The objective of this study is to trace the historic development of Irish Monetary Policy, with the major emphasis on our post membership of European Union. The study examines the many separate phases to Irish Monetary Policy putting special emphasis on the periods when the Irish pound had parity with the pound sterling and that period when this link was broken. Special attention is given to the pros and cons as debated in relation to our membership of Economic Monetary Union and also to our compliance with the essential requirements for gaining entry to EMU. In particular questions are pursued as to the benefits for Ireland from meeting the onerous entry requirements. The general conclusion is that Government will have to be much more proactive in managing the economy and that if we are to continue to comply with EMU rules we will have to pay greater attention in the future to Budgetary Policy with policies on taxation, spending and pay, designed to compensate for our ceding to the European Investment Bank of the power to pursue monetary policies on interest rates and exchange rates which we used previously to deflate or boost the economy.

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HJ Public Finance
Divisions: School of Business > BA (Honours) in European Business and Languages
Depositing User: Aisling Gorby
Date Deposited: 16 Apr 2010 07:53
Last Modified: 22 Sep 2014 08:57
URI: http://trap.ncirl.ie/id/eprint/75

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