New DCU MSc in Public Policy

DCU School of Law and Government have launched a new MSc in Public Policy:

The global financial crisis has exposed flaws in the policy making system in Ireland and elsewhere. Part of this relates to the technical capacity of policy makers to do effective public policy analysis. This is something recognised by the Irish state and the European Union as well as other international bodies as they attempt to increase the number of professionally qualified policy specialists working for them.

In response DCU is offering a bespoke, interdisciplinary course designed to suit the needs of a new generation of policy makers. It will be hosted in the School of Law and Government, but builds on links across the University and is a key part of a new Institute for Innovative Government (IIG).

This is a new type of professional degree – in many ways a parallel for those in the policy/government sector to an MBA in the commercial sector. It will have an intellectual base and methodological rigour that reflect the needs of a sector facing more nuanced and complex challenges.

Irish Economics and Psychology Annual Workshop

The eight annual one day conference on Economics and Psychology will be held on November 27th at the ESRI in Dublin. The purpose of these sessions is to develop the link between Economics, Psychology and cognate disciplines in Ireland. A special theme of these events is the implications of behavioural economics for public policy (see detailed reading list on this area here) though we welcome submissions across all areas of intersection of Economics and Psychology. We welcome submissions from PhD students as well as faculty and also welcome suggestions for sessions on policy and industry relevance of behavioural economics. Abstracts (200-500 words) should be submitted before September 30th to Suggestions or questions please send to and/or Further details of wider network activities will be added here shortly. Details of the previous seven workshops are available here.

Mody on Creditor Impunity

I am surprised this has not received more attention.

The original sin of Eurozone crisis mismanagement was the May 2010 ‘bail-out’ of Greece. As Karl Otto Pohl noted at the time, the beneficiaries were German banks, even more so French banks (as always, you gotta hand it to the French!), and rich Greeks. Yanis Varoufakis agreed at the time with Pohl, for which he will not be forgiven.

If you subscribe to the view that careless lenders should face haircuts, the official lenders to Greece should take a belated bath.

All of them, including the IMF, which means its shareholders, including us.

The alternative is an international financial order built on a doctrine of official creditor impunity.

Geary Policy Peer Review Series

The Geary Institute at UCD has initiated a Policy Peer Review Series.  This involves members of the Geary Institute reviewing research/evaluation reports which have significant implications for public policy.  The authors of the evaluations/reports are then invited to reply to the review.  The first two such reviews (and responses) are on (a) an evaluation of the School Support System under DEIS and (b) an evaluation of  FAS training programmes where the participants exited in 2012.  The reviews and responses are available here:

Miriam Hederman O’Brien Prize 2015

The Miriam Hederman O’Brien prize for 2015 is being awarded by the Foundation for Fiscal Studies to recognise outstanding contributions in the area of Irish fiscal policy. The aim of the prize is to promote the study and discussion of matters relating to fiscal, economic and social policy, and the prize will be awarded to a piece of completed research or analysis in this area.

Details of the prize, entry criteria and submission details are available here. The closing date for submissions is Friday 22nd May.

It is hoped for this year’s prize that submissions will come from a wide range of policy areas.

A New Start for the Eurozone: Dealing with Debt

The CEPR has published a new report on the eurozone (I am one of the co-authors).

Outline: This report, the first in the Monitoring the Eurozone series, addresses the measures Eurozone countries need to take to guard against returning financial instability that could threaten a sustainable recovery. The authors consider stock operations, lending structures and regulatory changes in protecting sovereign debt on a national and Europe-wide level.


Report is here.

VOX summary is here.