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Full coverage: Economy

What’s next for the Irish economy? Yes, we can borrow to fund the recovery, but we will also have to increase taxes

In my evidence to the Oireachtas Covid-19 committee, I explained that we must consider tax rises to bridge the €30bn deficit and fund a €20bn stimulus. In a crisis, all bets are off, and all avenues of revenue-raising should be considered.

Stephen Kinsella
18th Jun, 2020 - 7 min read

“If you’re a businessperson right now, you may be questioning middle management and what are they doing”

Gavin Duffy maintains that he is a firm capitalist, but that he also believes it is time to change the nature of the relationship between the economy and society. He also believes that crisis will accelerate that change, while also forcing business owners to question the role of many middle managers.

Alison Cowzer
8th Jun, 2020 - 19 min read

China’s 10% contraction – a look into the numbers and what they mean

The latest quarterly economic statistics give a partial view of what has happened to the Chinese economy through the Covid-19 crisis – and what is yet to come.

Ian Lahiffe
27th Apr, 2020 - 9 min read

Prospects for global economic recovery: Why a recovery will be both V-shaped and U-shaped

We could easily see a dual or two-speed recovery, where the manufacturing sector gets back to work pretty quickly, but the services sector takes a lot longer to get back on track.

Peter Kinsella
7th Apr, 2020 - 5 min read

“We need a joint special effort to cope with the crisis… but somebody will have to pay”

Exclusive interview: Former ECB president Jean-Claude Trichet presided over Europe’s monetary response to the previous crisis. As the Covid-19 crisis escalates, he praises the current ECB’s fast initial response – while sticking to his long-held position that the mounting debt will have to be repaid.

Thomas Hubert
5th Apr, 2020 - 18 min read

Yes, we can avoid austerity. And here is how we can do it

As the pressure mounts on the state to bail out vast tranches of the domestic economy and households, are we facing another period of prolonged austerity? Or can we chart a new fiscal future?

Stephen Kinsella
2nd Apr, 2020 - 4 min read

Covid-19: Get money to people now – think about funding later

From helicopter money to a co-ordinated EU bailout, governments and central banks need to move fast to address the economic side of the coronavirus crisis.

Karl Cleere
25th Mar, 2020 - 12 min read

Stephen Kinsella: “We need to spend €10bn between now and September to keep households and businesses alive”

Spending now will save tomorrow's economy, so this is the moment to spend big and to spend fast. And we need a wage support scheme to be introduced today.

Stephen Kinsella
23rd Mar, 2020 - 4 min read

Banking on the state: How the Irish economic and tax response to the crisis compares globally

All over the world, governments are scrambling to help businesses save jobs, and put in place measures to assist cash-strapped citizens. How does the Irish response compare to other countries – and what can we learn from them?

Eoin O'Shea
20th Mar, 2020 - 12 min read

The eurozone is in trouble, US market dynamics are all wrong, and an epidemic is spreading – but, fear not, we can still avoid a recession

With no sign of co-ordinated action by the world’s governments and central banks, the economic slowdown brought about by the Covid-19 epidemic adds to clouds already on the horizon.

Peter Kinsella
26th Feb, 2020 - 5 min read
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