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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.

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 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 …

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

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

Why Northern Ireland needs a real fresh economic start

Posted on November 18, 2015 by Tom Healy

Tom Healy, Director NERI
While economic recovery is evident in both jurisdictions there has been a worrying acceleration in job losses in Northern Ireland with some very significant losses expected in JTI Galagher and Michelin Tyres, both in Ballymena as well as 100 job losses in the US Engineering company, Caterpillar.  Reflecting trends elsewhere in the retail sector, Dunnes Stores have announced a closure of part of …

Posted in: Northern Ireland Taxation

Economic uncertainty

Posted on November 13, 2015 by Tom Healy

Tom Healy, Director NERI
(this blog was composed prior to the recent tragic events in Paris. My thoughts and prayer are with the people of France and all nations suffering from acts of war and terror).   Best of Times? was the title of a book published by researchers at the ESRI in the summer of 2007.  The book followed on from another work published in 2000 entitled ‘Bust to Boom? The Irish experience of growth and …

The fiscal implications of Irish unity

Posted on November 06, 2015 by Tom Healy

Tom Healy, Director NERI
For a long time Irish history was marked by a surprising degree of consensus in favour of a united Ireland – whether as a united and politically independent island or as part of the United Kingdom.  Since 1922, there has been a marked lack of consensus about where Northern Ireland’s future lies. Partition reflects that lack of consensus. Economists are seriously at a disadvantage if they …

Posted in: Northern Ireland

Sustainable pensions in Northern Ireland

Posted on November 02, 2015 by Tom Healy

Tom Healy, Director NERI
In a previous Monday Blog I discussed some issues in relation to ageing population and future pension provision in the Republic of Ireland (Living Long and Living Well?). This Blog focuses on Northern Ireland where many of the same patterns, concerns and long-term questions arise. Currently there are 300,000 persons in receipt of the State Pension in Northern Ireland.  Population projections …

Posted in: Living wageNorthern Ireland

Budgeting for the future

Posted on October 14, 2015 by Tom Healy

Tom Healy, Director NERI
The proposed budget for 2016 (Republic of Ireland) will go for approval by the relevant European authorities in the coming weeks. One can expect a favourable outcome from that quarter albeit with a caution that the Government ought to be spending less and paying down more of the national debt. In many respects the ‘budget’ is modelled on an annual Westminster Treasury outing involving an …

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(203 blog posts)

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