Sunday 19 November 2017

Brendan Keenan: Ireland must get in step with the global economic dance

Des Bishop and Giulia Dotta on RTE’s Dancing with the stars – Ireland must keep its feet amid tricky economic conditions
Des Bishop and Giulia Dotta on RTE’s Dancing with the stars – Ireland must keep its feet amid tricky economic conditions
Brendan Keenan

Brendan Keenan

The Irish economy, like some plodders I'd rather not mention, just wouldn't make it on "Strictly." It always seems to be out of step.

The 1930s Great Depression? Ireland's new tariff-protected industry created lot of jobs. 1950s post-war boom? Much of the population had to flee to find it. 1980s global recovery? Had to sit that one out for another 10 years.

I suppose the country has been more in step with the rest of the world since then, although with very extreme moves that would earn no points for artistic method. The Irish recovery from the very depths of 2010 astonished the judges. Five years into that recovery and the economy is still skipping along, with last month's Central Bank quarterly report forecasting growth of 3.3pc this year; once again more than double the eurozone average.

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