Economic aims & their policies
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| Economic growth | 1. Reduce interest rates
2. reduce corporation tax
3. Increase gov spending - stimulation
4. Reduce indirect tax ie) VAT
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| public finances | 1. Cut gov spending
2. Increase taxation
3. Borrowing- (this increases national debt)
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| Adequate infrastructure | 1. Direct government infrastructure
2. PPP- Public private partnerships
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| Inflation | 1. Increase interest rates
2. wage freeze
3. Price controls
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| Full employment | 1. Reduce PRSI and VAT
2. Increase public sector employment ie) Gardai
3. Devalue the euro- increase competitiveness
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| Balance of payments | 1. Devalue the euro
2. Increase tariffs on imports
3. Subsidise exports
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| Regional development | 1. Increased spending on infrastructure
2. Grants and subsidies for businesses located in the BMW
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| Redistribution of wealth | 1. Increase progressive taxation
2. provide fair welfare payments
3. Offer education grants
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