Patrick Honohan on Macro-financial crises

Patrick has a new piece on VOXEU contrasting the experiences of Ireland, Iceland, and Cyprus during the last global crisis, and asks what lessons they might have for COVID-induced financial crises to come.

Animated Irish Fiscal Data

Jacopo Bedogni and Darren Lawlor from the Parliamentary Budget Office put this series of visualisations together. Slide 19 in particular is a jaw-dropper. Well done both.

Made with Flourish

Updates, both trivial and important

The blog has gotten some updates to its backend and theme, but more importantly, the blog has a new editor, UCC’s Seamus Coffey. Welcome Seamus!

Fiscal Council Webinar

The Fiscal Council’s latest Fiscal Assessment Report, May 2020: “The Fiscal Impact of Covid-19” is out today. This is the Council’s 18th Fiscal Assessment Report, and it comes at a time when the economy is experiencing an unprecedented shock due to the pandemic and very high uncertainty. The Report assesses the economic and fiscal consequences, including a range of possible scenarios to 2025 and an assessment of the policy consequences.

The Council will be hosting a live webinar on the findings of the report on Thursday, 28 May 2020 @ 2pm Dublin time. The Council’s Acting Chairperson, Sebastian Barnes, will give a presentation followed by a Q&A session. The presentation is expected to last 30 minutes.

You can register at: https://zoom.us/webinar/register/WN_qDJrpmjcQQ2Aus7BJbK_Wg

Lecture by Seamus Coffey Reflecting on Ireland’s Fiscal Framework

FOUNDATION FOR FISCAL STUDIES 

SEMINAR

“Reflections on Ireland’s Fiscal Framework”

Seamus Coffey

Thursday 12 March 2020 @ 8.30am

(Registration + tea/coffee/pastries from 8.00am)

 Irish Tax Institute, South Block, Longboat Quay, Dublin 2

Seamus Coffey is a lecturer in the Department of Economics in University College Cork.  His research and writing focuses on the performance of the Irish economy. He recently completed a four-year term as a member of the Irish Fiscal Advisory Council and served as chair for the past three years.  In October 2016, he was appointed the independent expert by the Minister for Finance to undertake a review of Ireland’s Corporation Tax code. This seminar will provide an assessment of elements of Ireland’s fiscal framework including the role and impact of the Fiscal Council, the design and implementation of fiscal rules in the face of Irish idiosyncrasies like GDP and Corporation Tax, and a discussion of some possible changes to the fiscal framework that might arise.

About the Foundation

The Foundation for Fiscal Studies was established in 1985 as an independent, non-profit making body with the primary object of promoting study and discussion of issues relating to fiscal policy. The Foundation provides a unique forum open to academics, policy makers, taxation and legal experts and the general public from which critical and constructive contributions can be made to developments in Ireland and the European Union. Our aim is to assist in the process of debate and decision-making on future fiscal policies.

If you would like to attend, please contact:  info@fiscal.ie

(Please note that this is an open event and everyone is welcome but we ask that you rsvp in advance)