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.

Economic and Social Review back in the Social Science Citation Index

Economic and Social Review has been accepted by Thomson Reuters for re-inclusion in the Social Science Citation Index (hence Web of Science).

We should  be  indebted to the work of Niamh Brennan, Programme Manager, Research Information Systems & Services, Trinity College Library Dublin, for her work that showed the citation and publication record of the Journal, during its time in exile, to be of the international standards required by Thomson Reuters.

I personally enjoy writing, teaching and publishing on Ireland.  Work on Ireland published in the ESR was beginning to be seen as not internationally recognized. Hence we saw promotion boards in Irish Universities not counting the publication, yet it was counted in the research assessment exercise in the UK.  This creates poor incentives for scholars to work on Ireland, when in reality it provides extremely fertile ground for economic and social research.

As shown by Lucy and Barrett (2003), the ESR since 1970 has mainly published papers by those that were also publishing in the best Journals in their field, Neary, Honohan, Lane and Whelan, to name a few.  Lane and Whelan also edited the journal when it out of the Web of Science. The ESR is an important outlet for Economic and Social research on Ireland. Hopefully, the economics community will now promote it and build up its citation record to become a leading economic journal.  The researchers in Ireland are as good as those in Australia, Canada and the UK but we are seriously disadvantaged by not having top “home” journals promoted on good digital platforms such as the Web of Science.  

 

 

Well done Niamh, Editors and Contributors

 

 

Alan Barrett and Brian Lucey  (2003). “An Analysis of the Journal Article Output of Irish-based Economists, 1970 to 2001,” The Economic and Social Review, Economic and Social Studies, vol. 34(2), pages 109-143

PSO levy (ctd)

My piece in yesterday’s Sunday Business Post builds on my post of last week. I also included elements of the discussion (thanks!), particularly expanding the bits on import substitution. Having studied in the Netherlands, import substitution was long ago and far away, so I would understand why the average Dutchie would be oblivious to its drawbacks. In Ireland, on the other hand, this policy was tried in living memory.

One of my recommendations is apparently already being followed up.