Oireachtas Joint and Select Committees
Tuesday, 7 October 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Budget 2015: Department of Finance
3:35 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Collectively, the euro area, United Kingdom and United States economies will grow by between 1% and 1.5% this year. Irish export growth is much greater than that. What is driving the expansion of exports? While I acknowledge that Ireland has regained significant competitiveness in the past five or six years, what is causing the spurt in exports, especially given that the economies to which we primarily export are not exactly racing ahead?