How Ireland can thrive within Europe's fiscal constraints

We need to create Ministers for Capital Investment, Social Cohesion, and Pensions

18th March, 2016
John Looby works for Kleinwort Benson Investors, a global investment manager based in Dublin

Politics matters. Good government matters. The cost of forgetting or ignoring this truth is high. Argentina was one of the most prosperous countries on earth less than a hundred years ago. Since then the fragmenting and distracting allure of populist delusion has seen its society sink ever deeper into poverty and division. The recent capitulation to ‘hold-out’ creditors is only the latest episode of humiliation in its long decline.

The lesson is clear:...

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