Oireachtas Joint and Select Committees

Wednesday, 4 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

In 2008 the ESRI in its medium term review said among other things, "The fundamentals of the Irish economy are sound." When Professor FitzGerald gave evidence here he said that the ESRI had done no research on the financial sector for a number of years. Can an economist ever say the fundamentals of an economy are sound without examining the financial sector?

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