Other EU

Why Ireland Has Too Much Money (and doesn’t know how to spend it)

Published

2 years ago

October 30, 2024

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In this video, we’re going to explain Ireland’s turn of fortune, and why the government is actually struggling to spend its newfound fiscal space.

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Sources:

Ireland vs EU budget surplus
https://www.bloomberg.com/news/articles/2024-10-01/ireland-flush-with-cash-plans-giveaway-budget-before-election

Background on Ireland’s economy
Sweeney, P. The Celtic Tiger: Ireland’s Continuing Economic Miracle. (Oak Tree Press, Dublin, Second edition, 1999)

Ireland’s corporation tax intake
https://www.bloomberg.com/news/articles/2024-10-01/ireland-flush-with-cash-plans-giveaway-budget-before-election

Ireland’s corporation tax intake of entire intake
https://www.bbc.co.uk/news/articles/c512zl7jj04o

Ireland’s third budget surplus
https://www.ft.com/content/bda76023-5cc2-404a-8ad0-c9cba8af4f88

New fiscal rule limiting government spending https://www.euronews.com/business/2024/09/05/ireland-is-running-a-budget-surplus-why-has-it-been-warned-to-stop-spending

Ireland’s changing public sector investment
https://www.researchgate.net/figure/Level-of-public-investment-in-EU-Member-States-before-and-after-the-crisis-average-per_fig5_323525017

Ireland’s public investment data
https://www.itf-oecd.org/infrastructure-investment-data-reveal-contrasts-between-countries

Ireland’s public investment data
https://www.ft.com/content/57aaa383-34a0-49cf-ae89-1eee55912522

Ireland’s housing crisis
https://www.ft.com/content/0af7eb4b-9c87-463c-ad02-02ec6d708c9e