Oireachtas Joint and Select Committees

Thursday, 18 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

The ... you have, on your Vol. 2, page 20, the Department of Finance qualifications, which was the issue in the Wright report, as you'll recall, and it says there that in 2015, I think this refers to, there were 39 master's and one PhD in economics and, as you know, Mr. Wright felt that that was far too small a percentage, at 7%, and he mentioned, I think, 50%, 60% in Ottawa and 40% in The Hague. There was a parliamentary question subsequently, on 17 December, where the ... that showed that, back in 2008, that number was 44 master's and one PhD, so in fact we've lost five people with those qualifications while we're trying to develop a more professional Department of Finance that you've described, and taking part in more policy papers and so on. So, is the situation actually getting worse between 2008 and currently?

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