Blog Archive | 2015

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 …

Nothing comes from nothing: the case of health

Posted on December 06, 2015 by Tom Healy

Tom Healy, Director NERI
Health is better than gold or ‘is fearr an tsláinte ná an t-ór’ as the saying goes in Irish. Economists and statisticians tend to think of health as a cost as well as a sphere of activity involving consumption of resources in the present time. Health, however, has two dimensions: (i) It is a state of well-being for which all strive because it concerns body and mind and goes beyond narrow …

Posted in: Government SpendingNorthern Ireland Taxation

NERI seminar: Ireland’s daunting climate change challenge

Posted on December 04, 2015 by Daragh McCarthy

The latest NERI seminar, 'Ireland’s daunting climate change challenge in the period to 2030: how to respond?', was held on 2 December. Joseph Curtin, Research Fellow at the Institute of International and European Affairs on climate policy, provided an overview of Ireland’s climate change challenge within the context of the upcoming Paris COP 21 and EU climate 2030 negotiations. He reviewed …

Posted in: Investment

Life on low pay – new insights

Posted on December 02, 2015 by Micheál Collins

Publication cover - NERI Research inBrief Low Pay Dec 2015
The latest NERI Research inBrief looks at those who are on low pay in the Republic of Ireland. Its key points are  Low pay is more common among: -   female workers; -   younger workers; -   those in the retail, hotel and security sectors; -   single parents; and -   those on temporary contracts. At the household level, a higher proportion of low paid employees are living in households …

Posted in: IncomeJobsWages

What is a prudent fiscal space?

Posted on November 29, 2015 by Tom Healy

Tom Healy, Director NERI
One of the impacts of the recent economic crisis is that new expressions have been added to the English language, as spoken here. One such example is ‘fiscal space’. When the economy is growing there is, at one and the same time, more demand for public services (more school pupils and more demand for health services for examlpe) as well as less demand for other public services (when there are …

Posted in: Government SpendingInvestmentTaxation

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