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Just Change – reforming Scotland’s Local Property Tax

Posted on January 12, 2016 by Micheál Collins

Micheal Collins profile
Scotland’s Commission on Local Tax Reform was established in early 2015 with the purpose of considering reforms to the current Council Tax system – one deemed outdated and broken by those on all sides. On December 14th last the Commission published its final report entitled ‘Just Change: A New Approach to Local Taxation”. The report’s title underscores the exasperation of policy makers …

Posted in: Taxation

Public Sector reform

Posted on January 08, 2016 by Tom Healy

Tom Healy, Director NERI
Public sector reform is an expression that falls lightly into the lap of public discourse. Everyone speaks up for ‘public sector reform’ and few if any would disagree that the sector needs constant reforming and improvement. That said, I can’t remember the last time I heard the expression ‘private sector reform’.  Yet, the genesis of the recent economic crash globally as well as …

Low tax, low spend?

Posted on January 06, 2016 by Tom McDonnell

twenty euro close up
The NERI’s Quarterly Economic Facts contains a range of indicators on the public finances. One of these indicators compares levels of government revenue and public spending in the Republic of Ireland (Ireland) with that of other EU economies. The basic method of comparison is to measure total government revenue and total public spending as percentages of GDP. Total general government revenue is …

Posted in: Government SpendingTaxation

Minimum Wage Increase - who gains?

Posted on January 05, 2016 by Micheál Collins

January 1st saw a 50 cent  increase in the hourly Minimum Wage; the first since 2011. The increase to €9.15 per hour follows the recommendations of the Low Pay Commission. A recent NERI Research inBrief estimates some of the effects of this increase. Specifically, it examines the average impact on the gross pay of minimum wage employees and the overall increase in the level of earnings for …

Posted in: GenderIncomeJobsLabour costsWages

Looking to an enterprising new year at the NERI

Posted on January 01, 2016 by Tom Healy

Tom Healy, Director NERI
Happy new year!  The issues of happiness, sustainability and well-being will continue to exercise our attention in 2016. Regrettably Gross Domestic Product measures only some things while neglecting others. Worse still, some components of GDP may be inflated by negative human behaviour while adding nothing to human well-being. In the coming year we are likely to see rising concern about the …

A quick review of employment and wages in 2015

Posted on December 22, 2015 by Daragh McCarthy

Review 2015
There seems to be an increasingly strong contention that 2015 was officially the year the good times returned. A quick overview of employment and average wage growth would suggests a definite improvement in the labour market over the past 12 months,  and the outlook for 2016 is broadly positive, but it’s not quite the good times of old.   Economic recovery began in the mid-point of 2012. …

Posted in: Wages

A tale of two economies (or three?)

Posted on December 19, 2015 by Tom Healy

Tom Healy, Director NERI
Paradoxically, since the 1990’s consideration of all-island or all-Ireland economic issues has fallen by the way. True, the peace process and associated mechanisms have continued to highlight the importance of cross-border trade and cooperation. These matters attract almost universal support and interest across various political spectrums, North and South. In other words, interest in all-island …

A Decade of Deprivation: trends 2005-2014

Posted on December 17, 2015 by Micheál Collins

The recently released CSO Survey on Income and Living Conditions (SILC) provides the most detailed insight that we have into the impact of the recent recession, and evolving recovery, on the day-to-day living standards of people and families in the Republic of Ireland. One of its indicators tracks deprivation, measured as the percentage of the population who report that they are unable to afford …

Posted in: IncomeInequality

Repairing the International Corporate Taxation System: Ireland's Role

Posted on December 14, 2015 by Micheál Collins

Micheal Collins profile
Over recent years there has been increasing attention given to the structures multi-national firms use to manage their tax liabilities. The latest NERI Research inBrief, entitled “Broken, Needs Repair: an overview of the international taxation system” examines the international corporate taxation system and some of the recent evidence that points towards its failings and the need for its …

Posted in: Taxation

An insecure age

Posted on December 12, 2015 by Tom Healy

Tom Healy, Director NERI
Being ‘young’ today is the same and not the same as it used to be 50 years ago. It is the same because it tends to be associated with growth, development, opportunity, challenge, rupture …. It is not the same because the world as we know it has changed dramatically in the space of two generations. The evidence is clear that standards and levels of education, housing, health and income are a …

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