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Monday, Feb 6th 2012


Economy on Irish Left Review

The Economy section contains all the articles that discuss anything to do with the economy, the financial crisis, banking or anything to do with political economics.

Articles

The IFSC Doesn’t Even Buy Ireland a Pint

With the IFSC now central to the government’s growth plans, some figures which may be of interest.
The only figure I can find for how much corporation tax the IFSC contributed is the figure for 2010.
it’s €1.4 billion - Dept. of the Taoiseach last July, ( citing a private report, not Revenue, which is interesting in [...]

Let Us Not Worry Our Little Heads

The Minister for Jobs, Enterprise and Innovation Richard Bruton is setting a target of 100,000 net new jobs by 2016 on the eve of the Government’s launch of the Action Plan on Jobs.  Does this mean that the Action Plan will create 100,000 net new jobs by 2016?  No.  Does this mean that without the Action [...]

Resource Exploration Options and the Irish Business Model

In October 2011 Pat Rabbtte gave out thirteen licenses to twelve companies (press release here). The amount of blocks left around Ireland can be seen in this PDF map here, and the way it is done in the UK and other countries is explained in this SIPTU document from last year, available here (see pages [...]

The EU fanatics have come to such a policy dead end that they really no longer care what happens to the country

The following is from Frank Keoghan of the People’s Movement on the Austerity Treaty. It was also published in the latest issue of People’s News.
The EU Permanent Austerity Treaty will be the final nail in the coffin of the Irish economy, if it is ratified either by the Dail or by referendum. It will also [...]

Bluestack Energy and the Atlantic Margin Licensing Round

The positive outcome of the 2011 Atlantic Margin Licensing Round will help bring a new momentum to the level of exploration activity in our offshore. Ireland must continue to communicate the message to international exploration companies that Ireland is open for business and that the Irish offshore has real potential.”
So said Pat Rabbitte, Minister for [...]

Working Our Way into the Poorhouse

As the Joint Labour Committees legislation wends its way through the Dail - a bill that will lead to less protection for workers in many low-paid sectors - it is timely to look at the growth in deprivation for an increasing number in the workforce; namely the low-paid.  The CSO defines deprivation by reference to [...]

The Myth of US Industrial Revival

Currently a number of attempts are being made to claim a major revival of US industry is taking place. For example Harold L. Sirkin, of the Boston Consulting Group, writes: ‘A resurgence of U.S. manufacturing seems to be in the offing. With production costs rising in China, some companies are bringing their manufacturing back to the [...]

Campaigners Say Fiscal Treaty Is ‘Doublethink’

Press release from Debt Justice Action’s Not Our Debt campaign.
The campaign group Anglo: Not Our Debt has sharply criticized the EU’s new ‘fiscal treaty’. Campaign spokesperson Marie Moran described the treaty as “akin to someone being advised to keep the doors of their house locked tomorrow while thieves were ransacking it today”. “There is something [...]

Time to get new negotiators

I have an article on Politico.ie about the Fiscal Compact Treaty, and how all the economic decisions made by the Irish government are not dictated to them by our “EU masters” but follow the usual power template of Ireland’s “comprador class”.
*****
The final draft of the Fiscal compact is now available, meaning Irish pundits can no [...]

EU unions’ No to EU stability treaty

Please circulate this statement far and wide within your trade union
UNI Europa, the European regional organisation of the UNI global trade union federation, has described the EU fiscal stability treaty as “anti-social, anti-democratic and anti-European.” Trade unions are mobilising across Europe to stop governments from cementing in neo-liberal austerity policies for years to come.
“With this [...]

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Sins of the Father

Sins of the Father:

Tracing the Decisions

That Shaped the Irish Economy,

by Conor McCabe

from The History Press

Now Available as an e-Book.

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