Posts by Dr Tom McDonnell

McDonnell, Tom

Dr Tom McDonnell

Tom McDonnell is senior economist at the NERI and is responsible for among other things, NERI's analysis of the Republic of Ireland economy including risks, trends and forecasts. He specialises in economic growth theory, the economics of innovation, the Irish and European economies, and fiscal policy. He previously worked as an economist at TASC and before that was a lecturer in economics at NUI Galway and at DCU. He has also taught at Maynooth University.

Tom obtained his PhD in economics from NUI Galway.


Promissory Notes: Any old deal won't do

Tom McDonnell 14/01/2013

Tom McDonnell: There is a real risk that any old deal in advance of the 31 March payment will be hailed as a victory after the failure to get a deal …

Open debate on paying the promissory notes - the long countdown

Tom McDonnell 13/12/2012

Tom McDonnell: Various official sources (including Ministers) have been making the claim in recent days that the 2012 promissory note to the IBRC …

The Default Option - Cancelling the Odious Debt

Tom McDonnell 14/11/2012

Tom McDonnell: We have seen again in the last few days that the troika are a not a monolith. They disagree quite fundamentally on many issues. It is …

Internal devaluation in the Eurozone

Tom McDonnell 09/08/2012

Tom McDonnell: Ronald Janssen explores the impact of falling wage costs in the Eurozone periphery here. He argues that export revival has not been …

A Path out of the Euro Crisis?

Tom McDonnell 23/07/2012

Tom McDonnell: Eurozone level policy making has been nothing short of disastrous and there is little sign of any change. Spain is moving closer by …

MOU for Spain

Tom McDonnell 11/07/2012

Tom McDonnell: The Spanish Memorandum of understanding is here. EL Pais has distilled it down to 32 key points here. Eurointelligence helpfully …

Can the Eurozone be saved?

Tom McDonnell 10/07/2012

Tom McDonnell: Spanish 10-year bonds are now over 7.1%. It looks like there will be a Spanish National Asset Management Agency (SNAMA) set up as a …

Euro Crisis, Causes and Solutions

Tom McDonnell 03/07/2012

Tom McDonnell: Despite the developments at last week's EU summit we remain a long, long way from a successful resolution of the Euro crisis. My own …

Ireland and EFSF access

Tom McDonnell 21/05/2012

Tom McDonnell: It was pointed out on this blog a few weeks ago that Ireland would be able to obtain access to new funding from the EFSF provided the …

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