NERI Seminar: Fiscal Priorities for Long-Run Growth

Posted on November 20, 2015 by Tom McDonnell

Neri poster
Nevin Economic Research Institute

The latest NERI seminar  looked at the Irish economy’s recent performance and considered its medium-and-long-term prospects for growth. Over the course of the presentation a range of policy reforms to increase the economy’s long-run potential output were identified and discussed. Dr McDonnell set out the case for  increased investment in education and skills, particularly early years learning; to increase investment in the production, diffusion and use of new ideas. He showed how prudent investment in right types infrastructure is associated with long-run increases in productive capacity and argued that were capital markets are not well-functioning there is a strong case for a state investment bank to provide patient long-term finance to support innovative effort and technology diffusion.


Tom McDonnell ‘Fiscal Priorities for Long-Run Growth’ NERI Seminar Series , 18 November 2015, Dublin

Posted in: Government SpendingInvestmentMacroeconomicsTaxation

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