Economics Analysis

14th March 2019

Brexit: Myths and Realities Regarding the ‘WTO Option’

In this policy brief from the IIEA, Michael Daly explains the implications for the UK of trading solely on the basis of WTO rules.
8th March 2019

A Tale of Two Tails – Risks and Resilience in Uncertain Times

Deputy Governor Donnery addresses how domestic macro-financial policy needs to promote sufficient resilience to withstand the risks facing the Irish economy and financial system.
27th February 2019

A Year of Change: Risks and Opportunities for the European Project

In his keynote address to the IIEA, Minister Le Maire offers his insights on the current issues in French and European economic policy.
20th February 2019

The European Commission’s Action Plans for a More Sustainable and Innovative Financial System

Olivier Guersent, Director-General of DG FISMA in the European Commission, discusses the future of sustainable finance and fintech in the EU.
18th February 2019

Between Brussels and Moscow: A Tale of Two Unions

Dr Jeffrey Mankoff discusses the relationship between the European Union and the Eurasian Economic Union, during a time of international political and economic change.
14th February 2019

Systemic Risk in the Insurance Sector

Gabriel Bernardino argues that enhanced reporting and monitoring tools are needed to ensure that supervisors can identify potential systemic risks and vulnerabilities in the insurance sector.
5th February 2019

Is the golden era for small economies coming to an end?

Michael O’Sullivan and David Skilling discuss the challenges and opportunities facing small economies, the outlook for small economies, and the priorities for action – including for Ireland.
11th December 2018

XAI: Can Artificial Intelligence be Made Intelligible?

In his address to the IIEA Mr. Gunning discussed his and DARPA’s ongoing work to design ‘explainable artificial intelligence’ (XAI) systems, which can articulate the reasoning behind the decisions they make. The United States Department of Defence considers the design of XAI to be essential to the future successful management of artificially intelligent machines.

Economics Publications

30th October 2018

Cut to The Chase: US Corporate Tax Reform – The Implications for Ireland

The Tax Cuts and Jobs Act was signed into law by US President Donald Trump on 22 December 2017. Given the substantial presence of US multinational companies in Ireland, the changes to the US tax code could have significant implications for the Irish economy. In this paper, Professor Frank Barry of Trinity College Dublin outlines the history of corporate tax policy in Ireland and the US and discusses how the systems interacted up to the time of the recent changes. The likely implications of the new US tax regime for inward FDI in Ireland are also considered.
6th October 2017

UK Election Results and Economic Prospects

This briefing note, by IIEA Senior Fellow, Tony Brown, summarises recent developments in the UK and presents a snapshot of the British political and economic state of play since the election on 8 June 2017.
30th June 2017

New Ideas – France, Germany and the Future of the Euro Area

This IIEA policy brief examines and compares the reforms proposed by French President Emmanuel Macron and by the European Commission to solidify and strengthen the European economy. It analyses the prospects for a renewed Franco-German alliance and concludes by focusing on the potential implications of a restructured euro area for Ireland.
7th April 2017

Capital Constraints – Balancing the EU Fiscal Rules with Ireland’s Capital Investment Needs

This IIEA policy briefing, Capital Constraints: Balancing the EU Fiscal Rules with Ireland’s Capital Investment, examines the main arguments that have been made as to whether or not fiscal rules contain an anti-investment bias that deters governments from pursuing large public spending projects. It also outlines a number of the alternative proposals put forward to incentivise capital expenditure within a rules based fiscal framework. This is a topic of particular relevance and importance to Ireland, which saw public capital expenditure cut significantly following the global financial crisis and subsequent sovereign debt crisis in Europe, and which has a particular need for public investment because of its fast growing economy and emerging demographic pressures.
17th February 2016

European Recovery Project

Economic growth in the developed world has been slowing for decades. The Great Recession and the Euro crisis have further depressed Europe’s performance. In this paper, Dan O’Brien explores trends in the continent’s economic performance and suggests possible remedies. Despite the considerable uncertainties that exist around all policy options, he proposes a “Grand Bargain” to include a range of measures favoured across the political spectrum. Such a radical and wide-ranging response could push the European economy onto a higher growth trajectory.

Economics Past Events

28th November 2018

Financial Stability – Where Do We Stand 10 Years On?

Elke König, Chair of the Single Resolution Board, delivered an address to the IIEA on the role of resolution and insolvency in banking.
23rd November 2018

Towards A European Strategy for Artificial Intelligence

In his address to the IIEA, Professor O’Sullivan will discuss the work of the European Commission’s High-Level Expert Group on Artificial Intelligence (AI HLEG), which supports the creation of a forthcoming European Union strategy on Artificial Intelligence. Professor O’Sullivan, who is Vice Chair of the group, will discuss the opportunities and challenges ahead and the progress made so far.
13th November 2018

A New Foreign Policy: Beyond American Exceptionalism

Professor Jeffrey D. Sachs launched his new book, A New Foreign Policy: Beyond American Exceptionalism.
8th October 2018

The Impact of Brexit on the European Asset Management Industry

Executive Director Ross discussed the threat of a ‘race to the bottom’ post-Brexit, and outlined the role ESMA is playing in averting this.