Tuesday 22 August 2017

Former Central Bank economist Ruane to deliver special lecture as TK Whitaker turns 100

The then finance minister Charles Haughey is formally presented with the first of Ireland’s new decimal coins by Dr TK Whitaker, who was governor of the Central Bank, in September 1969. Picture: Irish Photo Archive.
The then finance minister Charles Haughey is formally presented with the first of Ireland’s new decimal coins by Dr TK Whitaker, who was governor of the Central Bank, in September 1969. Picture: Irish Photo Archive.
Michael Cogley

Michael Cogley

Former Central Bank economist Professor Frances Ruane is to deliver the 2017 Whitaker Lecture, the State's financial regulator has said.

Ms Ruane, who was amongst the first female economists to join the institution back in the 1970s, will give the talk as its honouree turns 100 years old.

The lecture is named after former Central Bank governor TK Whitaker, who held the role during great economic turbulence in the 1970s.

The list of past speakers include a litany of high-profile names in the economic world including Mario Draghi and Jean Claude Trichet.

The Central Bank also announced that Mr Whitaker's memoirs will be available from its North Wall Quay Archive in Dublin, due to open in the spring.

Current governor Philip Lane paid homage to Ms Ruane.

"She arrived when Ken Whitaker was Governor.  And very similar to Ken Whitaker’s career, her research work has focussed on the performance of the Irish economy, the policies that are needed to help Ireland prosper in an integrated world economy where international trade, international finance and international corporations play a major part in the Irish economy. 

"This originated in many ways with Ken Whitaker’s vision in the 1950s but over the last 30 years Frances Ruane has been a leader in analysing the interaction between openness and Irish economic performance.”

TK Whitaker served as governor from 1969 to 1976, a time Mr Lane described as "fascinating for the Irish economy".

A date for the lecture, which is given every two years, is still to be set.

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