Irish economic model in need of urgent reform, report suggests

RTÉ News ^ | Thursday, 19 Mar 2026 00:01 | Pat McGrath and David Murphy

[Olog-hai]

A new report says Ireland’s economic model is in urgent need of reform to sustain high living standards.

The study, by University of Galway Professor Alan Ahearne, said Ireland has some of the highest productivity rates in world, but this is being driven by foreign multinationals, not domestic firms.

The research was funded by Irish brothers, John and Patrick Collison, who founded global payments company Stripe, which is valued at more than €135 billion. […]

Mr. Ahearne’s study said over the past 50 years, real income per person, adjusted for inflation, had tripled, rising from about €17,500 in 1970 to over €53,000 in 2023, with economic growth largely driven by investment from the US.

The report said: “Ireland could, and should, do better at encouraging and supporting high-growth indigenous businesses. Ireland should now consider how to use tax policy to attract human capital (talent) from abroad to augment our existing talent base.” …

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TOPICS: Business/Economy; Local News
KEYWORDS: commies; europe; eussr; fartyshadesofgreen; fourthreich; ireland

[Olog-hai]

Well, if they “harmonize” their tax rates with the EUSSR as they have been pushed to do for decades (at least they still have not done that), then nobody would invest, whether foreign or domestic.

[Vendome]

Irish economic model in need of urgent reform, report suggests

can’t find a photo of her...

[alexander_busek]

Mr. Ahearne’s study said over the past 50 years, real income per person, adjusted for inflation, had tripled, rising from about €17,500 in 1970 to over €53,000 in 2023 [...]

Cherry-picking! Masks the fact that growth has diminished since the floodgates of mass immigration were opened. Fails also to take into account that PUBLIC DEBT has SOARED in the last two decades!

Regards,

[yesthatjallen]

It says that the country needs to do more to attract and retain people with "strategic vision" and the capacity to mentor and drive domestic entrepreneurs.

Prof Ahearne says there is intensifying competition amongst countries in the "war for talent" in an effort to attract, develop and retain highly talented leaders.

John and Patrick Collison said: "This study provides clear evidence that Ireland needs to take decisive action to improve its start-up and scaling ecosystem."

The bottom line of this and other studies like this is to bring in more immigrants and foreign workers ie "war for talent".

[central_va]

What’s an Irish 7 course meal?