Paul Krugman

106 results

The new Irish Ferries’ cruise ferry Ulysses arriving into Dublin Port. Photograph: Eric Luke

Back in 2016 a significant coterie of economists, including Paul Krugman, forecast an instant recession in the UK if it voted to leave the EU, a predi(...)

The Republic’s unemployment rate trebled to more than 15% in the four years to early 2012. File photograph: Frank Miller/The Irish Times

The Republic’s economy – measured by gross domestic product (GDP) – is now officially 50 per cent larger than it was in 2007, before the Celtic Tiger (...)

 Pedestrians walk by the New York Stock Exchange on September 15th, 2008, in New York City, US. File photograph: Spencer Platt/Getty Images

On Monday September 15th, 2008, Americans woke to the news that Lehman Brothers, one of the giants of US banking, was filing for bankruptcy. TV screen(...)

In 2013, analyst Tim Lee forecast that the Turkish lira, then trading at 1.9 to the US dollar, would collapse to 7.2. The 7 level was breached last month. Photograph: Murad Sezer/Reuters

A financial crisis is bad enough, but how would you feel if you were warned in advance but did nothing? How would you feel upon hearing those four dre(...)

Danny McCoy, chief executive of Ibec, at its offices on Baggot Street, Dublin this week. Photograph: Alan Betson

Ibec chief executive Danny McCoy is strumming a different tune these days but it has nothing to do with his bullish outlook on the Irish economy, whic(...)

 Kate O’Connell TD, Taoiseach Leo Varadkar, Amazon Web Service Ireland country manager Mike Beary and Martin Shanahan  at the opening of the AWS new office in Dublin. Photograph: Dara Mac Donaill

The strangely muted reaction this week to the news that Amazon is creating 1,000 new highly-skilled jobs in Dublin is the surest proof yet that the ec(...)

The CSO noted that while increases in productivity growth are associated with improvements in living standards, in Ireland’s case much of the growth was generated by the multinational sector, with limited spillover into the domestic sector

Ireland was the only EU state to experience a fall in labour costs between 2000 and 2016, while at the same time productivity grew at twice the EU ave(...)

 Donald Trump: no other US president has allied himself so closely to the stock market. Photograph: Jonathan Ernst/Reuters

Until recently, it was hard to stop Donald Trump boasting about soaring stock prices. “We’re setting a record literally all the time,” he said last mo(...)

Minister for Finance & Public Expenditure and Reform Paschal Donohoe delivered a speech entitled ‘The new, new economy’.

Economic activity in the Republic in 2016 was almost a third lower than the GDP figure published by the Central Statistics Office (CSO), Minister for (...)

The “Trump bump” has been real. And despite all the noise and fury of the Trump administration, volatility on the market has been at its lowest  for years. Photograph: Getty Images

The election of Donald Trump as US president was greeted with forecasts of the economic dangers his policies would bring. One year after his inaugurat(...)

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