Tuesday June 2, 2020

New perspective could fix economy

Talk of recovery must not be allowed to camouflage the serious work that needs to be done, write Michael O’Sullivan and Rory Miller

3rd July, 2010

Last week’s national output figures will delight the spin doctors.

While the year-on year change in output is still negative, the quarterly change is positive – and this will embolden some Irish commentators, politicians and policymakers to talk of a recovery in our economy.

While the stabilisation in the economy is welcome, the figures carry the significant policy risk that the serious social and economic problems facing Ireland are not being addressed head...

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