We need a new Ray MacSharry, with steel, to enact reforms Ireland needs

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By Cormac Lucey Last week Danny McCoy, chief executive of the employer’s group Ibec, warned that excessive wage inflation could undo Ireland’s hard-won economic recovery. “Right now, we’re burning through our competitiveness in a way that’s more severe than during the Celtic tiger,” he asserted, pointing to evidence on his very doorstep. Rents on Baggot Street in Dublin 2 (where … Read More

Ireland puts all its chips on multinationals, but the EU house wants its cut

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By Cormac Lucey The Organisation for Economic Co-operation and Development (OECD) is an intergovernmental economic think tank headquartered in Paris. The organisation published a detailed report on the Irish economy recently. Its conclusions regarding our recent performance were understandably positive, but it warned that the country’s economic prospects “are clouded in uncertainty”. The good news is that the robust economic … Read More

Forget Brexit shockwaves, we should be braced for Corbyn’s entrance, stage left

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By Cormac Lucey There are many economic risks currently facing Ireland. In terms of media airtime, Brexit would seem to be the biggest. Yet, as Irish Fiscal Advisory Council chairman Seamus Coffey warned last September, the EU’s plans for corporation tax harmonisation “pose a bigger threat”. Then there are the dangers posed by the game of chicken that the US … Read More

Plain packaging: Five Years of Failure! An open letter to WHO Director Dr. Tedros Ghebreyesus

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“Five Years of Failure!” That’s the message a global coalition of 62 think tanks and rights advocates are sending to the new WHO Director Dr. Tedros Ghebreyesus in reference to the plain packaging policy the organization continues to promote.   Five years ago, Australia became the first country to fully implement plain packaging by denying all trademark usage rights for tobacco … Read More

EU plans to harmonise corporation tax will bring little in the way of harmony

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By Colm McCarthy Ireland’s agenda with the European Union is getting complicated. After five years of strong recovery, the country’s economic prospects are exposed to developments in EU policy under three headings. There will be profound effects from Brexit about efforts to harmonise corporation tax and about future governance of the eurozone. And the next slowdown, whenever it comes, will … Read More

Responsible majority shouldn’t have to pay for irresponsible minority

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  By Brendan Burgess The majority of mortgage holders act responsibly and pay their mortgages. A few are still in arrears, but they are doing their best to pay their mortgage. These responsible borrowers are paying the highest mortgage rates in the eurozone, because they are paying not just their own mortgage, but they are also paying the mortgages of … Read More

Ireland leads World Electoral Freedom Index, according to international study

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The index measures over 50 indicators for 198 countries around the world. Countries are classified and ranked according to their electoral freedom. Ireland ranks first, Australia 5th and the UK 9th in the 2018 edition. Canada is 26th, New Zealand 39th and the USA 44th. READ OR DOWNLOAD THE FULL PDF DOCUMENT OF WEFI 2018 AT http://bit.ly/WEFI2018 February 2nd. Led … Read More

Ditch the shiny packaging — we just want a national wish list that is functional

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By Cormac Lucey There is an excited ritual for any family whose children are writing to Santa Claus with their requests for Christmas presents. Imagine how much more excitement there would be if your children were sending requests to the North Pole that covered presents for the next 10 years? It’s a similar ritual for politicians who get to prepare … Read More