Posts from "Tom Healy"

Tom Healy

Tom Healy is Director of the Nevin Economic Research Institute (NERI). Tom has previously worked in the Economic and Social Research Institute, the Northern Ireland Economic Research Centre, the Organisation for Economic Cooperation and Development, the National Economic and Social Forum and the Department of Education and Skills.

He holds a PhD (economics and sociology) from UCD. His research interests have included the impact of education and social capital on well-being, social vision and economic strategy for the island of Ireland, Education, Housing and Health.

Tax heresies and half-baked truths

Posted on October 01, 2016 by Tom Healy

Tom Healy, Director NERI
Every heresy begins with a half-baked truth.  Recent weeks have seen claims that the overall level of personal taxation in the Republic of Ireland is too high and that particular groups have been unduly burdened especially since the onset of fiscal austerity in 2009.  Certainly, taxes were increased over the period from 2009 to 2013.  However, many commentators do not point out that very …

What sort of future for Europe?

Posted on September 22, 2016 by Tom Healy

Tom Healy, Director NERI
Terms like ‘staying in Europe’, ‘pulling out of Europe’, ‘the European project’ and similar expressions are dispensed liberally in popular discourse. The last time I checked a map, Europe comprised a lot of people form Achill in the west of Ireland to Kharyaginskiy in Russia where it is already Monday evening. The fact is that Europe is all 745 million living in this continent with …

The Summer of Big Numbers

Posted on September 15, 2016 by Tom Healy

Tom Healy, Director NERI
And what a summer it has been. It was the summer of the ‘big numbers’. There was €13 billion in claimed back tax from Apple. There was an undisclosed large sum of money possibly running into billions in relation to vulture fund tax avoidance planning (referred to as ‘Section 110’ tax).  The ultimate big number was €40 billion in GDP that we didn’t realise we had in 2015 but now …

Posted in: Taxation

Cheapness is not competitiveness

Posted on July 01, 2016 by Tom Healy

Tom Healy, Director NERI
With the economic and political fallout from Brexit taking its toll voices have been raised – not surprisingly – to argue against wage increases in the Republic of Ireland. The recent National Economic Dialogue in Dublin was an occasion for such an argument with its proponents claiming to cite data on wage costs. Unfortunately, time did not permit a more careful consideration of the facts. …

More myth busting

Posted on June 24, 2016 by Tom Healy

Tom Healy, Director NERI
Notwithstanding the highly significant events of recent days and the fall out from the recent UK referendum on EU membership this week’s Monday Blog is focussed on personal taxation trends over time in the Republic of Ireland. (Attention will be given to the implications of UK exit from the EU in the forthcoming NERI Quarterly Economic Observer. Users of the NERI blog site may also refer to a …

That time of year again

Posted on June 17, 2016 by Tom Healy

Tom Healy, Director NERI
It is that time of year again. Like in the neighbouring island we drive on the left hand side of the road (as a general rule) and have an Annual Big Day (known as Budget Day) when the Minister for Finance announces the budget for the coming year. There is a lead in of many months of discussion in which various groups make ‘submissions’ on what should be prioritised by way of spending or …

What fiscal space?

Posted on June 10, 2016 by Tom Healy

Tom Healy, Director NERI
In many respects the debate about ‘fiscal space’ is a major turn off for most people as it employs language, terms and concepts that are mechanical, contrived and highly dependent on questionable assumptions. Most policy makers tend to leave the technical details to specialist staff while they get on with the bigger picture on the economy and public finances. The main role of ‘fiscal …

The lost decade of wages

Posted on June 02, 2016 by Tom Healy

Tom Healy, Director NERI
Wages is not an easy topic to consider on the first day of the week which happens to be a public holiday and a mixed one weather wise at that in the Republic of Ireland. Wages form the biggest share of household income for most households. Following years of wage freezes or cuts the economy is in a strong recovery mode now. Yet, as pointed out in previous blogs on this site wage recovery is …

What role should research organisations play today in Ireland?

Posted on May 26, 2016 by Tom Healy

Tom Healy, Director NERI
On this island we are blessed with an abundance of research organisations and research knowledge coupled with unprecedented access to data sources that we could only have dreamt of a generation ago. Investment in official statistical infrastructure (much of which was prompted by statistical reporting requirements in the European Union) has helped open up new sources of information crossing …

Some questions about the Programme of (new) Government

Posted on May 22, 2016 by Tom Healy

Tom Healy, Director NERI
The recent Programme of Government has set the scene for policy priorities for the coming three years. Clearly, much will depend on international events as well as developments closer to home in shaping the success of economic policy.  The Programme is long on aspiration and light on detail – as inevitably most long-term plans are. However, it is clear that in so far as public expenditure is …

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