The World Cup and the Economy

Question for the readership:  has Thierry Henry provided a boost to the Irish economy, by ensuring that the Irish football team (and the travelling band of supporters) will not be in South Africa next summer?

Pre-Budget Outlook

The Department of Finance has released its pre-budget outlook: you can download it here.

One striking projection:  GNP will shrink by 10.5 percent in 2009 [the contraction in GDP will be 7.5 percent].

The Public-Private Pay Differential

Last week’s SSISI meeting featured a paper by Patrick Foley and Fiona O’Callaghan of the CSO and a ‘vote of thanks‘ by Seamus McGuinness of the ESRI.

The benefits of constitutional change do not seem to have been considered at all

Today’s Irish Times contains a column by Dan O’Brien, based on his new book, which makes some interesting claims about possible links between the Irish constitutional order and what Dan O’Brien characterises at a uniquely Irish pattern of economic performance: slump-slump-boom-slump.

It seems like a topic worth adding to the mix in this forum.

Update on Irish Labour Market

FAS produces a useful quarterly commentary on the Irish labour market, which provides a detailed analysis of what has been happening in recent months: you can read a summary (and download the full report) here.