Oireachtas Joint and Select Committees

Tuesday, 25 September 2018

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

World Development Report 2019: Discussion

2:00 pm

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

The financial systems in the world, including the World Bank and similar organisations must take better heed of the findings of this report. If we take the example of the promissory notes here, we must basically burn €14.5 billion, but another approach is needed. That money could be invested in our children, in human capital and in social inclusion which would yield a far greater return in the longer term than reconciling numbers on a balance sheet.

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