Ireland’s finances may be as vulnerable now as they were in the lead-up to the financial crisis of 2008 because of the government’s reliance on windfall tax revenues from international corporations.
That’s the assessment of the Economic and Social Research Institute (ESRI), which has published an economic forecast today that recognises the Irish economy’s “robust state” but also highlights some key factors posing significant threats to growth and stability.
Alan Barrett from the ESRI spoke to us this morning on The Agenda about this.
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