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Ivan Yates
Our pension crisis means we’re going to have to work until we drop

POLITICIANS cannot resist expediency. Urgent takes precedence over important. Years of demographic analysis, a Green Paper in 2007 and the launch of the National Pension Framework in March of last year set out our looming dilemma of unfunded pension obligations. By 2050 the ratio of workers to retirees will be 1.8: 1. Currently that ratio is 5.6: 1.

Thu, 26 May, 2011

There is a way for entrepreneurs to survive — get out of the country

FAIR dues to Edmund Honohan. The master of the high court has called it as he sees it. His job means that he has the role akin to air traffic controller in processing legal debt conflict.

Thu, 19 May, 2011

Get well soon Garret, we still need your wisdom and experience

LATE last week, a handful of media organisations contacted me with bad news concerning the serious illness of Dr Garret FitzGerald. Fearing the worst, they were preparing appropriate tributes. He was gravely ill, suffering from pneumonia and surviving on a ventilator in hospital.

Thu, 12 May, 2011

He’s flying high in health, but Reilly could still crash and burn

BENEATH the radar of tumultuous politics, Dr James Reilly ascended the greasy pole. Elected at his initial attempt in Dublin North, his rise through the ranks has been utterly remarkable.

Thu, 05 May, 2011

Semi-states must be shifted to new holding company to maximise returns

THE national preoccupation of living life through the rearview mirror meant that Peter Nyberg’s historic analysis of our economic crisis took precedence over Colm McCarthy’s privatisation prescriptions for state companies.

Thu, 28 Apr, 2011

Doomed NAMA does not have expertise to carry out its task

The hoopla emerging from Friday’s distressed property auction in the Shelbourne Hotel obscures huge headaches for the new Government.

Thu, 21 Apr, 2011

We can’t afford half measures — it’s time to bring on a maxi budget

NOW that ministers are sitting comfortably in their new offices, with advisors appointed, time to press ahead with the 100-day programme.

Thu, 14 Apr, 2011

As we sleepwalk through crisis, it’s time to stress test our exchequer

BEFORE the good people from BlackRock Solutions and Boston Consulting Group leave the jurisdiction, they might be asked to do an additional stress test — on Ireland’s exchequer. Larry Fink and the lads carry the ultimate status of credibility worldwide. No one seems to have followed the logical conclusion of their analysis, beyond banks, for their state guarantor.

Thu, 07 Apr, 2011

It will be another day of bleak bank news — we had better get used to it

TODAY was supposed to be the day when we would get “finality” and “definitive” endgame figures about the extent of bank losses and size of ultimate cheque tax payers would have to write to bail them out. Dream on.

Thu, 31 Mar, 2011

Howlin must stand firm to deliver real public sector reform

FOR Ireland to escape the drop zone and avoid relegation from the euro currency league, we must win our home fixtures. Away games are subject to vagaries of fortune.

Thu, 24 Mar, 2011

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