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16/04/2008
OECD says Irish competitiveness must improve
The OECD has warned that the Irish economy must stay competitive in the immediate future.
The report named the 'Economic survey of Ireland 2008' said it is important that Ireland remains internationally competitive as it faces new challenges.
In its latest report, the organisation says better infrastructure and further product and labour market reforms would keep growth strong over the medium term. But the publication warned that: "In the short run, the economy must adjust to lower housing activity and the risks the slowdown creates."
The Organisation for Economic Co-operation and Development also pointed out the downturn in construction in Ireland needed be delt with and recommended a softly softly approach.
The report said: "Softening economic growth and the slowdown in the housing market mark a turning point for fiscal policy.
"Phasing out policies that distort the housing market could help to dampen future housing cycles and maintain the competitiveness of the economy."
It also warns that long-run challenges remain for the housing market, fiscal policy, pensions and the integration of migrants.
Tanaiste Brian Cowen has welcomed the assessment of the Irish economy, describing it as generally positive.
(DW/JM)
The report named the 'Economic survey of Ireland 2008' said it is important that Ireland remains internationally competitive as it faces new challenges.
In its latest report, the organisation says better infrastructure and further product and labour market reforms would keep growth strong over the medium term. But the publication warned that: "In the short run, the economy must adjust to lower housing activity and the risks the slowdown creates."
The Organisation for Economic Co-operation and Development also pointed out the downturn in construction in Ireland needed be delt with and recommended a softly softly approach.
The report said: "Softening economic growth and the slowdown in the housing market mark a turning point for fiscal policy.
"Phasing out policies that distort the housing market could help to dampen future housing cycles and maintain the competitiveness of the economy."
It also warns that long-run challenges remain for the housing market, fiscal policy, pensions and the integration of migrants.
Tanaiste Brian Cowen has welcomed the assessment of the Irish economy, describing it as generally positive.
(DW/JM)
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20 June 2008
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As the fall-off in the housing market continues, local councils are being encouraged to take advantage of the discount rate and buy-up 'unwanted' homes. As buyers 'sit on the fence', waiting for the market to bottom-out before buying, the falling value of homes could mean cheap housing resources for local government social housing requirements.
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28 August 2015
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Sinn Féin's opposition to a proposal to build 50 new social housing units in Clondalkin has been described as an "absolutely disgrace and almost beyond belief". Labour TD Robert Dowds accused Cllr Eoin Ó Broin of "complete political cowardice", and that it was people on the housing waiting list that would suffer as a result.
Sinn Féin's Opposition To Housing Plans 'Almost Beyond Belief' - Dowds
Sinn Féin's opposition to a proposal to build 50 new social housing units in Clondalkin has been described as an "absolutely disgrace and almost beyond belief". Labour TD Robert Dowds accused Cllr Eoin Ó Broin of "complete political cowardice", and that it was people on the housing waiting list that would suffer as a result.
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Ireland WeatherToday:A dry day with any low cloud and mist clearing during the morning leaving long spells of warm sunshine. Breezy at times around the coast. Maximum temperature 20 °C.Tonight:A fine end to the day with some sunshine, then clear spells overnight. Low cloud could form around some Irish Sea coasts later in the night. Minimum temperature 8 °C.
