Prof John McHale, chairman, and Eddie Casey, economist, at the Irish Fiscal Advisory Council: it finds the Department of Finance’s latest medium-term scenario for the public finances “wholly unrealistic”. Photograph: Dara Mac Dónaill

Now that the economy is recovering, it is important to learn from past mistakes and pursue sustainable fiscal policies. Concerns have been expressed (...)

Brendan Howlin: ‘Michael Noonan and I share two core goals and we intend to make good on both. We were elected to fix the economy and the public finances. We are well on the way to doing so.’   Photograph: Aidan Crawley

One of the less discussed impacts of the recession may well be its long term effect on the economics profession. As John FitzGerald indicated when (...)

“If guaranteed independence is good enough for advice on the fiscal budget why not for climate policy?”

Opposition TDs are seeking to have four State-backed agencies removed from a new expert group on climate change in a bid to preserve its independenc(...)

The Irish Medical Organisation wants commitments on ring-fenced funding and an adherence to safety standards in the health service that are equal to or greater than those imposed by the Health Information and Quality Authority.  File photograph: Lex Van Lieshout/AFP/Getty Images

The Irish Medical Organisation (IMO) has called on political parties to outline and cost a five-year plan for the health service in advance of the gen(...)

Government anger, arising from critical comments made by a European Commission official about water charge concessions, is understandable on a number (...)

A protest against water charges in Dublin last month.  Economist Jim Power warned on Tuesday that the only chance the current government has of getting back into power is another year of economic growth to facilitate a give away Budget next October. Photograph: Cyril Byrne / THE IRISH TIMES

The Government’s decision to ignore the advice of the Troika and the Fiscal Advisory Council in opting for a less punitive budgetary approach in Budge(...)

Minister for Jobs and Enterprise  Richard Bruton: “We have shown significant improvements in our cost position and that is reflected by  surveys of the National Competitiveness Council.” Photograph: Eric Luke/The Irish Times

Ireland’s international economic competitiveness had improved significantly in recent years, Minister for Jobs, Enterprise and Innovation Richard Bru(...)

Prof John McHale, chairman, and Thomas Conefrey, chief economist, of the Irish Fiscal Advisory Council at its assessment report launch in Dublin. Photograph: Dara Mac Dónaill

Exports may be back, driving GDP growth once more, but are these growth figures less credible than might appear at first glance? According to t(...)

Tuesday’s Budget was a “missed opportunity” Moody’s has said. .Photograph; Dara Mac Dónaill / The Irish Times

Budget 2015 represents a “missed opportunity” for the country to further reduce its elevated debt levels and leaves the Irish economy “more vulnerable(...)

Minister for Finance Michael Noonan: As some of the power has seeped back to Dublin, the transition has elicited another form of instability: narrow sectional interests flex their muscles for the first time in what seems an age

The way in which we formulate and implement fiscal policy is not fit for purpose. The run-up to each budget has become a lobbyist’s paradise; politica(...)