Results 341-360 of 372 for speaker:Edward Timmins
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: I thank Dr. McDonnell for the informative contributions. I have a number of questions so there will be a bit of back and forth. I had seven or eight questions but, thankfully, Dr. McDonnell has answered three of them already. I come from an accounting background and have great respect and love for economics. I will focus on specifics. Dr. McDonnell said that employment and growth will...
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Have studies been done on specific corporation tax reductions as a result of tariffs?
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: I have a slightly different question, although it is all based around this, really. Has NERI studied Trump's personality to have some understanding of what he might do? No one talks about it, nor is it expressed in here, but that is obviously a key driver of this.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: That is okay, Dr. McDonnell has answered the question. The general view, and I generally agree with it, is that tariff uncertainty postpones investment for companies. Do corporations not have to make investments somewhere and at some time? I know it leads to greater risk when decisions are made based on an unknown tariff regime in the future, but it could also lead to greater returns for...
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Even if it does not end, companies will still make decisions based on not knowing for how long this will go on, having money and having to put it somewhere. Decisions on investments will happen.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: That is fine. I was just making the point it is not as black and white as it has been portrayed.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: There could be benefits elsewhere.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: I have a technical question. In his opening statement, Dr. McDonnell states that his initial analysis suggests he would expect tariffs to cause exchange rate appreciation. In practice, the US dollar has depreciated 10%, I think.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Why does Dr. McDonnell expect tariffs to cause appreciation? I thought tariffs would damage or weaken the local economy and ultimately weaken the currency. Why would Dr. McDonnell expect it to appreciate?
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Yes, Dr. McDonnell has acknowledged that it has gone the other way.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: On page 12 near the end are the figures for the different percentages, the export values and their relevant weightings. Has the institute done a calculation on the employment numbers that would be affected in the different areas? The figures here show the values of exports and percentages but they do not include employment numbers in, for example, the food and drink sectors and what the...
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: But not the employment numbers.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: The world is too complex.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Globalisation has made it too complex to reach conclusions.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Are the tariffs effectively setting back globalisation? There has been massive globalisation in the last 20 years. Are tariffs just pulling that back, with all the implications of that?
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Has Dr. McDonnell any thoughts on spreading the tax base? I asked this of our previous guests, who suggested VAT and possibly USC.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: Perhaps a reduction in the number of exemptions.
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: In my last 30 seconds, will Dr. McDonnell summarise NERI's new economic model? Is it written anywhere?
- Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach: The Impact of Tariffs on the Irish Economy: Nevin Economic Research Institute (16 Jul 2025)
Edward Timmins: I thank Dr. McDonnell. I am sorry for hitting him with so much in ten minutes.