Venture capital has largely pulled up their drawbridges so they can support their existing portfolio of companies. The risk is that government and its designated development agencies will do the same. But there are four changes the government could make to help early stage firms.
The League of Ireland was struggling before Covid-19, and the pandemic has made a bad situation worse. There are too many clubs, not enough spectators and now there is frustration at proposals to play matches behind closed doors. Could an All-Island league salvage domestic football?
The lessons of Versailles and Bretton Woods, so remarkably encapsulated in the experience and insights of Keynes, can now empower Beijing, Brussels, and Washington to collectively reprise the post-war role of the US.
Ireland is good at championing small business and helping large corporates. But there is a cohort in the middle that are not feeling the love. And if Ireland is to recover – and jobs are to be saved – we need a plan for medium-sized indigenous businesses.
Most are talking about a prolonged lockdown and a massive recession to go with it. So why are stock markets up by around 30 per cent since March? There are six reasons why this rally is here to stay.
Past experience shows that employment takes years to recover from a recession, with younger workers most severely affected – and Ireland is ill-prepared for this scenario.
Latin American’s young population is in a fundamentally better position to handle the health impact of the pandemic than richer countries with older populations. Meanwhile, Latin American countries are a far worse position to bear the cost of the crippling economic shutdowns, writes Paul O'Driscoll in El Salvador.
An enduring legacy of the coronavirus crisis may be the widespread new awareness of the extraordinarily fragile state of our world, how utterly we are at the mercy of nature, and how quickly everything we take for granted can unravel.
The state is currently saving our lives and our livelihoods. Our response to the state after this crisis cannot be to ask simultaneously for tax cuts and spending increases, with the gap paid for with someone else’s money. That way lies ruin.
Irish politicians are keen to mutualise debt, but are less keen regarding a common taxation policy. The economic problems emerging from Italy could have profound consequences for the future of European policy.
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