Market Overview

KBRA Releases Macro-Market Research: Ireland's Politics Assist Stable Macro Policies

Share:

Kroll Bond Rating Agency (KBRA) releases a macro-market commentary,
"Ireland's Politics Assist Stable Macro Policies." Ireland stands out
prominently among its peer group of advanced economy sovereigns for
several reasons – competitiveness and dynamism amongst them – but policy
continuity and coherence are also similarly remarkable and
distinguishable. The report discusses how Ireland's recent economic
crisis did have an impact on political stability; it decimated the
incumbent Fianna Fáil party, resulting in a changeover of power to a
Fine Gael-led coalition, followed later by a Fine Gael-led minority
government. However, the overall policy stance regarding key issues –
including some critical to sovereign credit analysis such as fiscal
policy, European integration, and international affairs -- has remained
largely unchanged. This macro-market comment discusses how historical
and country specific factors have played a key role in the evolution of
a harmonised and stable policy agenda in Ireland.

To access the full report, click here.

CONNECT WITH KBRA

Twitter
LinkedIn
Download
the iOS App

YouTube

About KBRA and KBRA Europe

KBRA is a full service credit rating agency registered with the U.S.
Securities and Exchange Commission as an NRSRO. In addition, KBRA is
designated as a designated rating organization by the Ontario Securities
Commission for issuers of asset-backed securities to file a short form
prospectus or shelf prospectus, is recognized by the National
Association of Insurance Commissioners as a Credit Rating Provider, and
is a certified Credit Rating Agency (CRA) by the European Securities and
Markets Authority (ESMA). Kroll Bond Rating Agency Europe Limited is
registered with ESMA as a CRA.

View Comments and Join the Discussion!