After Mrs. Merkel’s Irish Jig, Are Ireland’s Problems Solved?
I’ve been very busy lately so I haven’t had much time for blogging. Here is a belated assessment of where […]
Central Banks, Irish Economy
Irish Economy
Irish Economy
The Celtic Comeback? Don’t Believe the Hype
My thoughts on Enda Kenny’s Time magazine cover are here.
Euro Crisis, Irish Economy
Germany to Spain and Ireland: Drop Dead
I haven’t been as euphoric as some commentators about Ireland’s prospects of getting a “seismic” “game-changing” deal on bank-related debt.
Irish Economy
Ireland’s Promissory Notes: An Updated Primer
An updated version of my promissory note paper is now available. Details here.
Euro Crisis, Irish Economy
McGill Summer School Talk on Debt, Austerity and Growth
Here‘s a link to my speaking notes for a talk that I gave tonight at the McGill Summer School. The
Banking, Central Banks, Irish Economy
Ireland Debt Negotiations: Not About Interest Rate on Promissory Note
The byzantine complexities of the IBRC’s promissory note-emergency liquidity assistance arrangements are such that it is inevitable that even the
Central Banks, Irish Economy
New Briefing Paper: Ireland and the ECB
I have written a new briefing paper for the European Parliament’s Economic and Monetary Affairs committee. The paper discusses the
Central Banks, Irish Economy
Time For ECB to Cut Ireland Some Slack?
In this article on Forbes.com, I discuss the possibility of a deal with the ECB on Ireland’s promissory notes in
Central Banks, Irish Economy
No Mr. Noonan, NAMA Does Not Borrow From the ECB
One of the great myths about the Irish economy that has circulated in recent years is the idea that the
Banking, Irish Economy
Irish Banks Are Not Meeting Their SME Lending Commitments
During my appearance on the Vincent Browne show a few weeks ago, government TD Damien English told me that the