Economist says Irish growth could be on the horizon

Ireland’s economy could recover a lot quicker than commonly perceived if stability is brought to the banking situation, a leading economist told the Irish Association of Pension Funds (IAPF) last week.

15th January, 2011
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Ireland’s economy could recover a lot quicker than commonly perceived if stability is brought to the banking situation, a leading economist told the Irish Association of Pension Funds (IAPF) last week.

Kevin Daly, head of the global economic team with Goldman Sachs, said there were several ways that domestic demand in argue in Ireland was weak.

However, he said falling labour costs were a strong positive.

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