NESC on Ireland and the Euro

The National Economic and Social Council have released a report titled “The Euro: An Irish Perspective”.  The media release is here while the full report is here.

Honohan at Renmin University

His Beijing speech is available here.

Leading the world in renewables

A first mover does not necessarily have the advantage. However, movement is necessary if you want to be first. And move they do, and again.

Ireland: A recession of the banks, by the banks, and for the banks

As flagged by Paul Krugman, P O’Neill writes on the Irish situation at A Fistful of Euros: you can read it here.    [Unlike some others on this site,  this economist picks his user name from a long Irish tradition, rather than relying on The Wire or former communist regimes for inspiration!]

Have money or license

In a new twist in the Saga of the Poolbeg Incinerator, Dublin City Council will buy a stretch of foreshore so that a foreshore license is redundant (see below). The Indo is not impressed with the Minister. See also Times.

According to the newspapers, there is apparently a choice between having a license and having enough money to not need a license. (In this case, it is of course taxpayer’s money.) UPDATE: The resident expert tells me that CPO simplifies the foreshore license application as it removes the third party, but it does NOT obviate the need for a license.

By the way, while the Minister has not been behaving at his best over the course of this Saga, the delay in the foreshore license is not extraordinary: It often takes very long to get one. That is a problem, but a different one.

UPDATE2: Paul Melia writes: “A foreshore licence is needed as part of permission to build any development on the coastline. A local authority does not require one if it owns the land.” I read through the Foreshore Act 1933 and its amendments and cannot find any support for the second claim. Would be grateful if someone could correct me.