Time to tackle the private rental sector
In our latest blog, NERI economist Paul Goldrick-Kelly points to issues of affordability experienced by private tenants in the Republic of Ireland over the last several years. He argues for policy to protect renters from Covid-19 related difficulties and to start building a more secure housing...
COVID-19: Policymakers should focus on decent work and a Green New Deal in recovery
We should start talking about a 'high-road' and green development strategy for the recovery. Assessing the likely economic impact of 12 weeks of coronavirus lockdown in their quarterly commentary at the end of March, the Economic and Social Research Institute (ESRI) suggested unemployment could...
Known unknowns - The Economic Impact of Coronavirus in Northern Ireland
In this week's blog, NERI Co-director Paul Mac Flynn looks at the impact of Coronavirus in Northern Ireland. As the lockdown of Northern Ireland enters into its third week, the impact of these measures on our economy is, as of now, largely unknown. This may seem bizarre under the current...
NERI Video Series ep 9 - Coronavirus: New unemployment figures, income supports & a paradigm shift?
Co-directors, Dr Tom McDonnell and Paul Mac Flynn of NERI give initial thoughts on income support North and South, Ciarán Nugent give the first round of unemployment numbers and they discuss...
Coronavirus: Young workers likely to feel the brunt, again!
In this week's blog, Ciarán Nugent looks at the effects of the Coronavirus on young workers. Though no official figures have been published, the Irish labour market has already felt the shock of the Coronavirus. A recession is inevitable. This is a much more rapidly changing situation than that in...
Only a massive state intervention can prevent deep recession
In this weeks blog Dr Tom McDonnell and Paul Mac Flynn, Co-directors at the NERI give their response to the Covid-19 crisis that has hit the island of Ireland and the world. In the past week it is estimated that up to 140,000 jobs have been lost across the Republic of Ireland economy owing to the...
UK Budget 2020 - Keynesianism for slow learners
The UK government have performed a significant fiscal U-turn, but it all might be too little, too late. The UK budget delivered in Westminster today marks a significant shift in UK fiscal policy. The scope of the extra funding made available to tackle the impact of the coronavirus is significant at...
NERI Video Series ep 7- Tackling Ireland's Housing Crisis
In this month's episode, Orla Hegarty and Dr Michael Byrne discuss problems in the Irish housing market with NERI economist Paul Goldrick-Kelly and give their take on solutions to addressing those...
The Perils of Revenue Raising
In this week's blog Paul Mac Flynn argues that while there are some opportunities to raise revenue in Northern Ireland, there are significant risks too. The return of a Northern Ireland Executive earlier this month was greeted as a big step forward and a chance to tackle some serious policy issues...
Getting our house in order
Last week we received the latest figures on residential property prices in Northern Ireland. The main news from this release was that house prices grew by 2.3% over the quarter and by 4% on an annual basis. This represents a return to a more robust phase of growth which has taken a bit of a dip...