Entries by Jim Power

TIME TO REALLY BREXIT-PROOF IRELAND BY MAINTAINING 9% VAT RATE

THIS ARTICLE APPEARED IN THE IRISH EXAMINER OCT 5th 2018 On Tuesday next the Minister for Finance Paschal Donohoe will present his third and very possibly the last budget of the current administration. He has been lucky in the sense that the budgets over which he has presided have been prepared against a positive domestic […]

INSTITUTIONAL FAILURES ARE RIFE

THIS ARTICLE APPEARED IN IRISH EXAMINER OCTOBER 26th 2018 In the overall scheme of things, Ireland is a tiny country with a population of just 4.7 million people, albeit a population that is rising strongly. As a country we do many things well, such as attracting foreign direct investment, providing a decent enough education to […]

GLOBAL POLITICS BECOMING QUITE DANGEROUS

THIS ARTICLE APPEARED IN THE IRISH EXAMINER NOV 2nd 2018 As usual Ireland’s presidential election was a fractious affair, which demonstrates just how worked up and vitriolic people can become in relation to an issue that is of trivial significance at best. The only memorable part of the election and its aftermath was initially the […]

BREXIT IMPACTING ON CAR MARKET

APPEARED IN THE IRISH EXAMINER NOV 9th 2018 The motor industry provides a very good barometer for the overall economy, and particularly how business and consumers view the world. Following the severe economic correction that occurred back in 2008, new car sales literally drove over a cliff and went into free fall in 2009 to […]

FISCAL PRUDENCE IS ESSENTIAL IN BUDGET 2019

THIS ARTICLE APPEARED IN THE IRISH EXAMINER SEPT 14th 2018 A few weeks back I argued in this piece and elsewhere that the Minister for Finance should adopt a very cautious approach to Budget 2019. I suggested that injecting fiscal stimulus into an economy that is growing quite strongly would not be sensible and that […]

OCTOBER BUDGET MUST BE SHAPED BY EXTERNAL RISKS, NOT LOCAL NEEDS

THIS ARTICLE APPEARED IN THE IRISH EXAMINER SEPT 21st 2019 With less than three weeks to go to the delivery of Budget 2019, the pressure on the Minister for Finance is intensifying on many different fronts. At the annual ploughing event this week, considerable dissatisfaction was expressed about the plight of farmers and many of […]

IRISH HOTELS AND RESTAURANTS DESERVE SUPPORT

THIS ARTICLE APPEARED IN IRISH EXAMINER 10th AUGUST 2018 While the Irish economy is performing very strongly on the surface, it is clear on closer examination that the country does have a significant concentration risk. Last week the National Competitiveness Council (NCC) highlighted this fact in a very vivid manner. The NCC expressed concerns that […]

THE CASE FOR PEGGING THE VAT HOSPITALITY RATE AT 9%

This Article appeared in the Irish Examiner, 3rd August 2018 If the success of a government is to be gauged by what is happening on the labour market, then the current government and its immediate predecessor should be judged as successful. The economy is now on the verge of the highest level of employment ever […]