Oireachtas Joint and Select Committees
Wednesday, 6 December 2017
Committee on Budgetary Oversight
Fiscal Assessment Report: Irish Fiscal Advisory Council
2:00 pm
Tommy Broughan (Dublin Bay North, Independent) | Oireachtas source
In its document the council makes a profound criticism of the commonly agreed methodology, CAM, saying the production function is flawed, and gross domestic product, GDP, gross national income, GNI*, and so on. Has the council put forward a credible alternative methodology that could be produced side by side by the Department of Finance to give us less pro-cyclical and more medium-term strength in forecasting?
No comments