The Bank did, however, benefit from the increase in liquidity and the improvement in the credit risk profile of its investments as the euro zone authorities and the International Monetary Fund (IMF) have enhanced their efforts in solving the financial crisis.
A number of factors contributed to high productivity growth in this country during the 1990s including inward FDI flows in high-technology sectors and past investments in education and physical capital, which boosted the technological and innovative capacity of the Irish economy.