Brexit may have stopped Irish economy from overheating – economist

ESRI’s Kieran McQuinn says uncertainty has cooled consumption and investment

Prof Kieran McQuinn of the ESRI said modelling the impact of a no-deal Brexit was extremely difficult. Photograph: Jenny Barker

Prof Kieran McQuinn of the ESRI said modelling the impact of a no-deal Brexit was extremely difficult. Photograph: Jenny Barker

Brexit may have inadvertently stopped the Irish economy from overheating, a leading economist has claimed.

“In a strange way it has helped cool the economy by having a contractionary impact on things like investment and consumption,” Kieran McQuinn, research professor with the Economic and Social Research Institute (ESRI), told an audience at the Dublin Economics Workshop in Wexford.

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