Economy

Random entry RSS

  • Posted in:

    Spring unsprung.

    By Constantin Gurdgiev. With po-faced pomp the Government has launched its mutli-annual fiscal programme, aspirationally titled ‘The Spring Statement’. A lengthy, over-manned delivery of the programme required the strenuous efforts of a score of  civil servants, economists and two ministers to energise the public imagination. Yet, for all this effort, it smacked of the vintage […]

    Read more

  • Posted in:

    Trichet: Franco-Banco-anchor

    Ireland, Euro area Governance et l’art de mentir: Past, Present and Futur Jean-Claude Trichet Institute of International and European Affaires   Dear Members of the Parliament Irlandais, It is for me an immense plaisir and a great honneur to be here, today, with what passes for the élite of your country, at this place where […]

    Read more

  • Posted in:

    Economics has yielded to politics.

    By Constantin Gurdgiev. January’s IMF review of the economic situation in Ireland rained a heavy dose of icy water over the overheating Government spin machine, and much of the IMF concerns centre around exactly the same themes that were highlighted in these
 very pages last month. Top of the IMF worries list is growth. Budget […]

    Read more

  • Posted in:

    New data show wealth tax good for €200m a year.

    By Micheál Collins. Despite its prominence in various public policy discussions over recent years, detailed information on wealth in Ireland has been sparse. For the most part discussion on the distribution of wealth, and concepts such as a wealth tax, were based on hunches and guesstimates or assumptions that the wealth distribution must have in […]

    Read more

  • Posted in:

    More fibbing from the Department of Finance.

    By Rachel Mullen. The Government is opposed to the introduction of a Financial Transactions Tax (FTT). There is, however, a lack of transparency about how the Department of Finance position of opposition to the FTT was arrived at. There is also a failure to update the Oireachtas on recent developments concerning the proposals for a […]

    Read more

  • Posted in:

    More. Austerity.

    For 2015. By Constantin Gurdgiev. December data on the Irish economy paint a picture of a major slowdown in growth momentum and once more highlight the troubling nature of our national accounts statistics. With that in mind, and given the spectacular tremors rocking the global economy outside the well-insulated doors of our Department of Finance, […]

    Read more