Trinity Economic Forum – February 8th and 9th

A student economic forum will be taking place in Trinity College on February 8th/9th

It is a ticketed event open to all undergraduate and postgraduate students.

Confirmed speakers include Lord Turner, chairman of the FSA, Willie Walsh, CEO of IAG and Andy Haldane, Executive Director of the Bank of England, among others. For interested students, there are a limited of tickets that can be purchased on the forum’s website.

Special issue on the politics of adjustment

The current issue of Intereconomics has a series of stories about the politics of adjustment in Greece, Ireland, Spain, Italy, and Portugal. Niamh Hardiman and Aidan Regan discuss the Irish case. It’s well worth reading all of the cases for those of us engaged in the current debate, to see similarities and differences in the approaches. It’ll help those of us (read: me) engaged in teaching this stuff as well.

Niamh will also be speaking on this theme at tomorrow’s Irish Economy conference.

Irish Mortgage Arrears: An Economic Mystery

Irish mortgage arrears, particularly in the buy-to-let sector, are very high by international standards, at 8.8% for principal private residence mortgages and 17.9% for buy-to-let mortgages as of the third quarter of 2012. It is not all bad news, Ireland also has an extremely low rate of repossessions; there were a total of 79 judicial repossessions in the third quarter of 2012, consistent with the general trend over recent years. The Irish repossession/arrears rate is perhaps the lowest in the developed world. Notwithstanding that good news, the mystery of why arrears are so unusually high needs to be tackled. Continue reading “Irish Mortgage Arrears: An Economic Mystery”