{"id":355344,"date":"2026-03-20T01:53:08","date_gmt":"2026-03-20T01:53:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/355344\/"},"modified":"2026-03-20T01:53:08","modified_gmt":"2026-03-20T01:53:08","slug":"what-to-make-of-collison-commissioned-research-on-irish-economy-the-irish-times","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/355344\/","title":{"rendered":"What to make of Collison-commissioned research on Irish economy \u2013 The Irish Times"},"content":{"rendered":"

There is a lot of hand-wringing about the Irish economy these days, be it infrastructure, housing or a perceived over-reliance on giant firms from overseas who could pull the plug whenever it suits them.<\/p>\n

John <\/a>and Patrick Collison<\/a>, whose payments firm Stripe<\/a> is now valued at about $159 billion (\u20ac135 billion), have become more vocal<\/a> about what they think the Irish economy needs. <\/p>\n

The research paper they commissioned from University of Galway\u2019s Alan Ahearne, published on Thursday, is credible and urgent. <\/p>\n

The warning that Ireland is \u201cover-reliant\u201d on overseas multinationals is not new<\/a>. But Ahearne\u2019s proposed fixes are worth exploring.<\/p>\n

Boosting domestic firms\u2019 productivity is key, he says. That means tax incentives to attract more overseas workers here and boosting \u201centrepreneurial activity\u201d. That would get more start-ups here and hopefully build big Irish companies as well as attracting the US giants of the day. <\/p>\n

\"PatrickPatrick Collison at the Ireland Funds National Gala in Washington on Monday. Photograph: Niall Carson\/PA Wire <\/p>\n

Ahearne cites the likes of Spain\u2019s \u201cBeckham law<\/a>\u201d or Israel\u2019s \u201cinpatriate tax regime\u201d to bring in talent. Both use fiscal incentives to attract professionals.<\/p>\n

These are admirable ambitions, even if Stripe itself may benefit from personal tax changes that make it easier to bring in overseas staff. Yet it\u2019s hard to believe the likes of IDA Ireland or Enterprise Ireland have not been at least trying to do that already. <\/p>\n

This report will stand out from the myriad of other studies on the same topic because of who commissioned it. Whether it will drive actual change though, is an open question. <\/p>\n","protected":false},"excerpt":{"rendered":"There is a lot of hand-wringing about the Irish economy these days, be it infrastructure, housing or a…\n","protected":false},"author":2,"featured_media":355345,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[72,6572,61,60,31268,18015,19902,5761],"class_list":["post-355344","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-business","tag-cantillon","tag-ie","tag-ireland","tag-john-collison","tag-patrick-collison","tag-stripe","tag-university-of-galway"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/355344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=355344"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/355344\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/355345"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=355344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=355344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=355344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}