Oireachtas Joint and Select Committees

Wednesday, 1 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

I have three and a half minutes left and 50 seconds. From 1997 on, exports were decreasing, so as a proportion of national income, it was transaction based taxes that were beginning to drive things. Did this worry you on the basis that we didn't have the same suite of tools post-euro to deal with cooling the economy?

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