Elaine Loughlin: Economic growth vs public services — Ireland’s hidden crisis behind the boom
A decade after Ireland’s recovery, soaring growth has failed to fix housing, healthcare, education and essential infrastructure
A housing crisis which has seen the number of homeless men, women, and children increase from 6,032 in 2015 — when Noonan delivered his speech — to 15,286 in January of this year. File photo
It was a question Michael Noonan pondered during an International Monetary Fund (IMF) conference in Dublin Castle exactly 10 years ago.
In providing an overview of lessons learned from Ireland’s recovery from the bank-sovereign loop, the then-finance minister suggested to those gathered that there should be a decision of what success looks like at the point of initiation of any future bailout programme.
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