Basically, buyers can't afford homes based on how much money they can borrow

This week the Organisation for Economic Co-operation and Development (OECD) issued a number of warnings to Irish policymakers.

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Trump's global trade bust-up is really all about politics

Back in 1817, the economist David Ricardo propounded and proved the law of comparative advantage.

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Ensuring value for taxpayers money should be priority

There is something inherent in Ireland’s institutional and political structure that renders it nigh on impossible to devise and deliver policy, particularly ...

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Keeping a grip on spending even as global economic signs brighten

Coming into 2019, apart from the obvious issue of Brexit, which remains unresolved, the biggest challenge to the small, open Irish economy was undoubtedly the grey ...

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Plan now, or suffer later: Why mandatory pensions are essential

Demographic developments pose one of the most immense challenges facing the Irish economy and policymakers.

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Shares rise amid tepid growth

In March 2018, global equity markets marked the ninth anniversary of the bull run and almost immediately went into a mood of increased nervousness.

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Major local property tax hike would be toxic

When the local property tax was introduced in the midst of a deep fiscal crisis in 2013, the valuation of properties on which the tax was based was fixed until 2016. ...

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Long delay to Brexit now seems to be the most likely outcome

Another mad week on the Brexit front that is not quite over yet.

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Reckless May brings no-deal Brexit into focus

UK labour market data for January showed an extremely strong jobs market that month with employment expanding at an annual rate of 1.5%, which is the strongest growth ...

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St Patrick’s Day promotion is key as global growth slows

This week an array of Irish Government ministers have travelled to all corners of the world to promote Ireland.

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The Brexit carnival has Irish business in a spin

In three weeks the UK is due to officially leave the EU and unfortunately, we are still no clearer about what might happen over those three weeks.

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The Brexit carnival has Irish business in a spin

There is no greater challenge for business than uncertainty about the future.

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Wage pressures to build as hard Brexit risks wane

After another eventful week in the UK, it now appears possible that we are moving gradually towards some semblance of a soft deal on the Brexit front, or at least ...

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No-deal Brexit - putting a price on the long-term damage that faces Britain's reputation

As the Irish Government puts together legislation to deal with the potential fallout from a no-deal Brexit, the situation in the UK becomes more farcical by the ...

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Difficult choices for public services in deep crisis

Faced with the prospect of three successive days on the picket line, which would undoubtedly have dampened some of the warmth towards the nurses from much of the ...

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Roots of nurses’ strike lie in the legacy of the financial crash

For most workers and businesses across the economy, the pain endured during the economic and financial crash was severe, writes Jim Power.

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Pyrrhic Brexit victories are of very little value

In the event of a no-deal Brexit we will have to up our game, writes Jim Power

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Brexit is both a threat and possible opportunity

I was a bit astonished this week at the amazed reaction of some to the comments made by an EU official that a hard Brexit would require a hard border on the island ...

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Softer Brexit may mean Ireland taps UK bounce

The parliamentary rejection of the British prime minister, Theresa May’s withdrawal agreement came as no surprise to anybody, nor should it have.

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After 2018, don’t be fooled by quiet start for stock markets

Last year turned out to be an uncertain, volatile and generally difficult one for equity market investors, writes Jim Power.

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The foundations for the euro were set 20 years ago this week. But I fear that the project would not survive any new crisis

This week marks the 20th anniversary of the start of EMU--the European Economic and Monetary Union.

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With geopolitics to the fore it was not a great year for the global economy

2017 was a great year for the global economy. 2018 was a good year, but certainly not a great one, writes Jim Power.

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It’s been a decent year, given the broader context

As we move into the final two weeks of 2018, the contrasting fortunes of the domestic economy and international developments are continuing to become starker.

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For business, this chaos spells worrying times

After two-and-a-half years of utter chaos, the Brexit situation took it to a whole new level this week, with the cancellation of the vote on the withdrawal agreement ...

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For business, this Brexit chaos spells worrying times

After two-and-a-half years of utter chaos, the Brexit situation took it to a whole new level this week, with the cancellation of the vote on the withdrawal agreement ...

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Firms under pressure to boost pay and conditions

Chair Seamus Coffey and the Irish Fiscal Advisory Council, the budget watchdog, testified before the Oversight Committee in the Oireachtas earlier this week.

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Selling jobs in Cork, Limerick and Waterford

Research from the Economic and Social Research Institute (ESRI) showed that stress in the workplace has increased significantly over the past five years, which is ...

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Nothing should surprise in the UK’s sorry mess

After two and a half years of extraordinary events on the Brexit front, last week was even more extraordinary than usual.

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Brexit imports hitting new car sales head on

The motor industry provides a very good barometer for the overall economy, and particularly how business and consumers view the world, writes Jim Power.

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Theresa May’s battle against her Brexiteers is far from won

We generally tend to be very critical of the Irish political system and frequently criticise our very diluted form of democracy, writes Jim Power.

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