Jim Power: Wherever one looks, the global implications are catastrophic

Jim Power: Wherever one looks, the global implications are catastrophic

The Taoiseach’s address to the nation on Saint Patrick’s night set a pretty perfect tone for where we find ourselves at the moment.

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Jim Power: Irish economy facing serious Covid-19 challenges

Jim Power: Irish economy facing serious Covid-19 challenges

The CSO last Friday published the first estimate for growth in the Irish economy last year and there were no surprises.

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Jim Power: Covid-19 is also bad news for the health of economic forecasters

Jim Power: Covid-19 is also bad news for the health of economic forecasters

The hazards and futility of trying to forecast the future have been highlighted in dramatic fashion by the escalation of the Coronavirus.

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Jim Power: Vat hike was wrong as Irish tourism faces tougher times

Jim Power: Vat hike was wrong as Irish tourism faces tougher times

I believed at the time that the decision in Budget 2019 to increase the Vat rate for the hospitality industry from 9% to 13.5% was a mistake in terms of its timing, ...

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Jim Power: Britain's renewed Brexit hardline should concern us all

Jim Power: Britain's renewed Brexit hardline should concern us all

It is quite ironic that in the days since the Government was given a major thumbs down in general election, the economic news continues to improve.

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Jim Power: Tread carefully is my advice to next coalition

Jim Power: Tread carefully is my advice to next coalition

As we begin the potentially torturous process of trying to cobble a government together for an electorate that clearly voted for change but really doesn’t ...

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Memo to markets: SF is not Syriza and Ireland is not Greece

Memo to markets: SF is not Syriza and Ireland is not Greece

It is still hard to gauge the possible economic implications of the momentous weekend.

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Jim Power: A strong economy and full employment are not enough to entice voters

Jim Power: A strong economy and full employment are not enough to entice voters

Jim Power There was a time when for the party in government, the health of the labour market was always an incredibly important variable and one which was a reasonable ...

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Jim Power: Danger lies in election pledges with Friday's 'Brexit day'

Jim Power: Danger lies in election pledges with Friday's 'Brexit day'

It is mad to think that this Friday is the day we have been thinking about and worrying incessantly about since June 23 in 2016.

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Jim Power: Advice to politicians - Just be honest with the voters

Jim Power: Advice to politicians - Just be honest with the voters

After lots of shadow boxing and speculation, the general election has come a little bit sooner than many might have expected.

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Jim  Power: Economic growth doesn’t automatically secure re-election

Jim Power: Economic growth doesn’t automatically secure re-election

The Latin writer Publilius Syrus, who was born in 85 BC, is reputed to have coined the old saying that “anyone can hold the helm when the sea is calm”.

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Jim Power: Johnson to flex muscle as Brexit goes to next round

Jim Power: Johnson to flex muscle as Brexit goes to next round

The trouble with paying too much attention to social media is that one risks becoming brainwashed with the drivel that passes for discourse on many social media ...

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Jim Power: Challenges are stacking up down on the farm

Jim Power: Challenges are stacking up down on the farm

This is the year that the powerful farming lobby became considerably more fragmented, resulting in the very fractious picketing of meat factories; the intimidation ...

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Congestion charge is the only way to free cities of traffic

Congestion charge is the only way to free cities of traffic

Traffic congestion has become the scourge of the modern world, or at least one of the scourges of the modern world.

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No let-up in the targeting of Ireland’s tax regime

No let-up in the targeting of Ireland’s tax regime

It is well passed the stage when lip service is being paid to this very pressing issue.

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As price growth slows, new fears haunt housing market

As price growth slows, new fears haunt housing market

The Economic and Social Research Institute (ESRI) has suggested that the Irish housing market is not a bubble and that house price levels across the country do not ...

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Question mark over buoyant tax revenues

Question mark over buoyant tax revenues

As the news from the eurozone continues to deteriorate, with the latest prognostications for the German economy looking particularly concerning, Irish economic data ...

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Draghi leaves ECB with legacy still in question

Draghi leaves ECB with legacy still in question

This week, Mario Draghi exited as president of the European Central Bank (ECB), following one of the most dramatic periods in history for monetary policymakers.

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The hard road to a Brexit trade deal is still far off

The hard road to a Brexit trade deal is still far off

Over the past three years the whole Brexit fiasco has been a total circus, but the circus has undoubtedly become even more bizarre over the past week.

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Taking stock of damage brought by Brexit storm

Taking stock of damage brought by Brexit storm

Some real economic indicators, a few more forward-looking indicators, and a fair degree of anecdotal evidence are all pointing towards some slowing in Irish economic ...

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We need to talk about ‘Singapore on Thames’

We need to talk about ‘Singapore on Thames’

The Budget was dominated by Brexit, which is exactly where it should be, given that that we are now facing down the barrel of a gun.

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Dangerously high debt levels are keeping Ireland vulnerable

Dangerously high debt levels are keeping Ireland vulnerable

Debt sustainability for individuals, companies and countries is a very important concept.

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Runaway Brexit train being driven by people with no real understanding

Runaway Brexit train being driven by people with no real understanding

Back in 2016 at the beginning of the Brexit debacle, it was blindingly obvious that in the forthcoming negotiations between the UK and the EU, the power in the relationship ...

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Still no clue where the Brexit bandwagon is headed

Still no clue where the Brexit bandwagon is headed

After the theatrics and bizarre antics in the UK parliament last week, one might be forgiven for thinking that things couldn’t get much worse, but this week ...

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Brexit is just one menace facing Irish prosperity

Brexit is just one menace facing Irish prosperity

As the Brexit bandwagon continues to trundle along towards October 31 and as the Minister for Finance prepares to deliver in just over a month, what is most likely ...

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To avoid crisis, Germany must loosen purse strings

To avoid crisis, Germany must loosen purse strings

When I started working in the world of economics many moons ago, there was a cliched-term often used in popular discourse called ‘Eurosclerosis’. It ...

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Blind Brexit ideologues will hammer the British

Blind Brexit ideologues will hammer the British

The leaking last week of the classified UK government report on the impact of a no-deal Brexit, codenamed Yellowhammer, should, in a logical world, come as a wake-up ...

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Why the easing in house price inflation is unambiguously a good thing

Why the easing in house price inflation is unambiguously a good thing

The housing market has long been correctly identified as one of the most important economic and social issues that Irish policymakers need to get on top of.

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United approach key for south-east economic growth

United approach key for south-east economic growth

In theory, at least, Irish policymakers are committed to ensuring that Irish economic growth and development becomes more regionally balanced.

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United approach needed to boost south-east fortunes

United approach needed to boost south-east fortunes

In theory, at least, Irish policymakers are committed to ensuring that Irish economic growth and development becomes more regionally balanced.

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No winners. Only chaos in this sorry Brexit mess

No winners. Only chaos in this sorry Brexit mess

In any negotiation, both sides must compromise, writes Jim Power.

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Despite the threat of Brexit, no reason yet to unleash spending

Despite the threat of Brexit, no reason yet to unleash spending

The Irish economy and those with responsibility for managing it find themselves in a very strange place at the moment.

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Congestion charges could drive down car emissions

Congestion charges could drive down car emissions

It is interesting to observe the discussion around climate change in this country.

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Congestion charges could drive down car emissions

Congestion charges could drive down car emissions

It is interesting to observe the discussion around climate change in this country.

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Relying on Pharma to drive economic growth is not healthy

Relying on Pharma to drive economic growth is not healthy

I have been quite puzzled for some time about just how complacent the markets have been about the prospects of a disorderly Brexit.

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EU deal with Mercosur faces many high hurdles

EU deal with Mercosur faces many high hurdles

One of the dominant themes in global politics over the past couple of years has been a growing sense of nationalism and a move towards isolationist economic policies. ...

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