Economic Governance with Tight Constraints: Exploring implications for the Irish economy

In ‘Economic Governance with Tight Constraints: Exploring Implications for the Irish Economy’, Dr. John Bradley examines the implications of newly reformed European economic governance structures for Ireland.

Through this paper, Dr. Bradley argues that the constraints inherent in European economic governance should not be seen as a negative for Ireland as the country has shown in the past that it can thrive in periods of relatively little fiscal flexibility. However, for Ireland to succeed under these circumstances, Dr. Bradley states that there needs to be a rethink in industrial policy with a greater focus placed on supporting the indigenous SME sector.