| Click for the Finfacts Ireland Portal Homepage |

Finfacts Business News Centre

Home 
 
 News
 Irish
 Irish Economy
 EU Economy
 US Economy
 UK Economy
 Global Economy
 International
 Property
 Innovation
 
 Analysis/Comment
 
 Asia Economy

RSS FEED


How to use our RSS feed

 
Web Finfacts

See Search Box lower down this column for searches of Finfacts news pages. Where there may be the odd special character missing from an older page, it's a problem that developed when Interactive Tools upgraded to a new content management system.

Welcome

Finfacts is Ireland's leading business information site and you are in its business news section.

We provide access to live business television and business related videos from: Bloomberg TV; The Wall Street Journal; CNBC and the Financial Times. Click image:

Links

Finfacts Homepage

Irish Share Prices

Euribor Daily Rates

Irish Economy

Global Income Per Capita

Global Cost of Living

Irish Tax 2008

Climate Change Reports

Global News

Bloomberg News

CNN Money

Cnet Tech News

Newspapers

Irish Independent

Irish Times

Irish Examiner

New York Times

Financial Times

Technology News

 

Feedback

 

Content Management by interactivetools.com.

News : Irish Last Updated: Apr 24, 2009 - 5:31:05 PM


Whitaker Tribute Conference: International academic says Ireland’s economic institutions “seem inherently quite vulnerable to corruption, special pleading, ‘jobs for the boys’ and other such undesirable distortions"
By Michael Hennigan, Founder and Editor of Finfacts
Sep 19, 2008 - 12:44:26 PM

Email this article
 Printer friendly page

A portrait of Dr. T.K. (Ken) Whitaker (b.1916- ), eminent civil servant and economist, whose study, Economic Development was the basis for the First Programme for Economic Expansion, published in 1958, hangs in the National Gallery of Ireland. The portrait by Thomas Ryan P.P.R.H.A. was officially unveiled by Mr. Charlie McCreevy, T.D., Minister for Finance, in the National Gallery on Monday, April 22nd, 2002
Whitaker Tribute Conference:
At a conference on Ireland's economy, hosted by the Institute of Public Administration (IPA) in association with the Department of Finance, as a tribute to the contribution of Dr T.K. Whitaker, the architect of the modern Irish economy, on the 50th anniversary of the publication of the seminal document, Economic Development, an international academic has warned the Irish Public Service that it needs to make more extensive use of international panels of experts for filling senior appointments, awarding Government contracts and on competition policy.  Professor Paul Hare of Edinburgh’s Heriot-Watt University said Ireland’s economic institutions “seem inherently quite vulnerable to corruption, special pleading, ‘jobs for the boys’ and other such undesirable distortions”.

In a 30-page paper entitled Growth and Development – Lessons and Surprises, Professor Hare said that while there are doubts about the current stance of the country’s macroeconomic policy, he sees these “more as short-term imbalances rather than as longer term threats”. The economic record of the past three years is an impressive one, Professor Hare said.

“In some respects, though, Ireland’s economic institutions, especially where they concern issues of competition policy; selection of personnel for senior positions (eg in private business, the civil service, the universities); the awarding of government contracts; and so on, seem inherently quite vulnerable to, special pleading, ‘jobs for the boys’, and other such undesirable distortions. ‘Jobs for the boys’ (and girls, too, naturally) is a widespread practice in many countries and generally refers to the practice of securing jobs through personal connections and the like.

“If the boys(and girls) who actually get the jobs are sufficiently deserving and competent, then the system need not be so bad (though it is never fair). But how does a country build up the ‘ethos’ that makes this happen and sustains it? In a small country like Ireland, where at elite level everyone knows everyone else, this is surely immensely difficult. To ensure both fairness and high standards, I would therefore favour extensive use of international panels of experts, along with a high degree of openness and transparency. To achieve this, Ireland still has some way to go,”
Professor Hare said.

The Conference celebrates the fiftieth anniversary of ‘Economic Development’, one of the pre-eminent policy documents in Ireland’s economic history since independence. Professor Hare said one of the successes of that 1958 document was that it was optimistic about the future. “It helped the Irish people to believe in themselves and to believe that they could prosper,” he said.

Former Taoiseach Dr Garret FitzGerald told the conference that Ireland today finds itself in a place where wage levels are inflated to a level that has made it impossible for us to compete successfully with our European partners. “Within the past seven years, this has inevitably led to a slowing of goods exports that has cost us the loss of almost one-third of our share of the world market for goods,” Dr FitzGerald said. He added that another concerning factor was that in four of our seven most recent years, 2000 to 2007, the increase in national consumption exceeded the increase in national income.

Prof. Frances Ruane of the ESRI, in a paper on Resonances from Economic Development for Current Economic Policy Making, said the growth engine of the Irish economy today is mainly found in foreign-owned enterprises, and despite recent reports, we are still a considerable distance away from having large numbers of strong internationally-trading indigenous businesses. “We ignore our dependence on these foreign-owned enterprises at our peril,” she warned.

Professor Ruane, in addressing the role of the market in Ireland, said there was a need to address the failure of certain publicly provided services, like urban buses, to provide a good service to Irish consumers. She said “evidence of real reform remains to be seen” in public services and whether there is the commitment and momentum to achieve increased efficiency in the public service.

Dr. T.K. Whitaker - Architect of the Modern Irish Economy
Whitaker was born in County Down in 1916 and was educated in CBS Drogheda. He graduated with a BA in mathematics, economics and Celtic studies and was later awarded a MScEcon from London University. He sat the Civil Service examinations in 1934 and received first place for the position of clerical officer. In 1935 he successfully applied for the position of executive officer, in 1937 was made assistant inspector of taxes, and in 1938 he became administrative officer in the Department of Finance. In 1943 he gained the position of assistant principal and by 1947 he had achieved the position of principal.

In 1955, at the very young age of 39, he was appointed by Fine Gael Minister for Finance Gerard Sweetnam, as Secretary to the Department of Finance. His career as a distinguished civil servant flourished and he was instrumental in shaping Irish economic policies in the late 1950s and 1960s. The publication in 1958 of Whitaker's Economic Development, known as 'the grey book', is widely accepted as a landmark in Irish economic history. In 1965, Whitaker attended the historic meeting of An Taoiseach, Seán Lemass and the Northern Prime Minister, Capt. Terence O'Neill in Stormont. He retired from the Department of Finance in 1969.

Other keynote speakers at the conference included Brian Lenihan TD, Minister for Finance, David Doyle, Secretary General of the Department of Finance and Professor Nick Crafts, (University of Warwick). The conference also featured a speech from Dr TK Whitaker, the key author of the 1958 policy document whEconomic Development – The Historical Contextich was being celebrated. Professor Frank Barry (Trinity College) gave a paper on Underpinning of Whitaker’s position, Prof. Ronan Fanning (UCD): and Prof. Tom Garvin (UCD): Dublin Opinions: Newspapers and the Crisis of the 1950s

The Conference continued a series of events by the IPA focusing on the challenges for the Public Service and the country. The IPA’s annual conference this year looked at the challenges and opportunities that lie ahead for Irish public services, while the Institute has also published an acclaimed book Ireland in 2022 looking at the challenges for the country to meet the demands of the next decades.

Conference papers haven't been published online.

RTÉ Television Interview October 2007

Related Articles


© Copyright 2009 by Finfacts.com

Top of Page

Irish
Latest Headlines
Kerry Group reports 41% rise in H1 2010 profit before tax
Grafton returned to the black in H1 2010
Glanbia reports 58% increase in H1 2010 pre-tax profits
Paddy Power reports pre-tax profits up 54% to €52.5m in H1 2010 - - World Cup provided big boost
CRH reports 77% drop in H1 2010 profit to €25m
Bank of Scotland (Ireland) Limited to exit the Irish market; Bank had shook up the Irish mortgage market from 1999
National Economic and Social Council says euro has been beneficial for Ireland
Irish business faces risks and competitive advantages from climate change
European central banks reported to have bought Irish government bonds today
Bord Gáis launches report: ‘The Future of Renewable Gas in Ireland’
Bank of Ireland reports loss of €1.25bn before tax in first half of 2010
State aid to Anglo Irish Bank set to exceed €24bn; Bank support pushed Irish budget deficit to 36.51% of GDP in Q1 2010
National Irish Bank reports operating profit of €26m in H1 2010 before bad debt charges of €367m; Danske Bank posts profit before tax of €420m - - up 32% year on year
AIB announces rises in residential mortgage rates
Bord Gáis Energy Index fell in July as the euro recovered
Irish pension funds recovered some lost ground in July; Inflation adjusted returns over 10 years negative
Irish Exchequer deficit at end-July 2010 is €10.2bn
Annual rate of change in loans to Irish households was minus 4.1% in June 2010; Domestic banks owed €54.8bn to the European Central Bank in June
US private sector employment increased by 42,000 from June to July
AIB reports 24% plunge in income in H1 2010; Loss before tax of €2.0bn
DART Underground 'will grow' Dublin business by €450m or maybe not
 Four Irish companies a day went bust in the first seven months of the year
O’Keeffe says US firm ServiceSource is to add 70 new jobs in Dublin; Extra €55m investment to support Irish start-up firms also announced
Dublin's Docklands Authority cuts deficit from €213m to €19m in 2009; Agency left with 34 Council/Executive Board members and 27 staff
Irish Glass Bottle site loans transferred to NAMA
Online advertising expenditure in Ireland in 2009 reached €97.2m or maybe not
Financial Services Ombudsman criticises “unwarranted and unsolicited” moves by Irish banks to move people off low-rate tracker mortgages
Permanent tsb to raise variable mortgage interest rates
Lenihan announces review group to report on disposal of State commercial assets
Enterprise Ireland launches Seed & Venture Capital report for 2009
Elan reports net loss of $213m in second quarter
Central Bank and Financial Regulator say review of Irish banks’ mortgage lending policy for first time buyers shows practices need to be improved
Profits earned by Irish hotels have plummeted by 50% since 2007; Room rates said to have dropped to 1999 levels
Campaign for Change at One51 dissidents announce nominees for election to board of One51 at AGM
Commercial Court orders full trial of 3 Limerick solicitors on personal guarantee claims of over €63m from Anglo Irish Bank
Bank of Ireland to refund €3m to ATM users who over 4-year period left the money from cash withdrawals in the ATM
NTMA raises €1.5bn in new borrowing; Ireland has completed 90% of its long term borrowing programme of €20bn for 2010
Ryanair says volcanic ash clouds cost it €50m in its fiscal first quarter
Central Bank governor says Ireland's two biggest banks AIB and Bank of Ireland have passed its stress tests -- which are more severe than ongoing Eurozone tests
Bank of Ireland to reduce its workforce by 750 staff over the next two years