Economy

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    Demexit

    While the consequences of the UK’s decision to leave the EU remain unclear, one thing is certain – the power and influence Ireland, North and South, will exercise over the final decision-making is limited. The hype in May of this year over apparent ‘concessions’ gained by Ireland from the EU, about an early resolution to […]

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    Macronomics

    In the acknowledgement section of philosopher Paul Ricoeur’s last major book, he thanked his editorial assistant for a “pertinent critique” of the draft work. As he was then finishing up working for Ricoeur, in 2014, that editorial assistant, fresh-faced Emmanuel Macron, professed himself “like an excited child at the end of a show”. Macron, now […]

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    IMF Oomph

    According to a recent IMF study, there are reasons to worry about a new housing-markets-triggered financial blowout. And although IMF data suggest that we are not at panic level regarding house-price inflation its researchers conclude that “there are several reasons to think that the present conjuncture is a time for vigilance”.

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    Trump/Slump

    By all possible measures the US presidential election of 2016 has set a record low in the quality of political discourse. However, with the outcome handing the Republicans a decisive victory in the White House, Senate and House of Representatives contests, the election will have a lasting and systemic impact on the development of economic […]

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    Small Business Policy – Report Card

    In its Programme for Government, no less than 25 small-business-specific commitments were identified. This recognition and focus in and of itself has been significant, and is justified, as the economic importance of small firms in Ireland cannot be overestimated. Even more problematic has been the championing of the trade-union-backed €11.50 “Living Wage” by some Government […]

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