Larkin Charles J. - What If Ireland Defaults?

What if Ireland Defaults?

Beautifully written and surprisingly easy to digest, this book digs deep into the default debate. The insights into the consequences of default for Ireland are compulsory reading for the mandarins in Finance and the false gods of the NTMA. The detached views of such a distinguished cast of characters offer far more enlightenment than you would find at the Cabinet table.

Shane Ross, independent TD, author and business editor of the Sunday Independent

This is a significant and timely written symposium from a very broad spectrum of opinion holders on the crucial issues for Ireland in respect of the viability of the ECBIMF bailout and the consequences of its possible failure. Whether one hopes for failure or believes in success, and regardless of whether one agrees with some or none of the contributors, the articles are a must-read for citizens of an embattled society facing difficult but inescapable choices on the future of their Republic, and they will be quoted for years to come in the ongoing debate upon which we are launched.

Michael McDowell, barrister and former Minister for Justice

Sober, balanced, comprehensive, and heavy with facts, What if Ireland Defaults? is necessary reading for anyone who wants to understand how the world will deal with a future of fiscal crises and moral hazard.

Dan Mitchell, senior economist with the Cato Institute

Rather than hide behind the sofa every time the word default is mentioned, we need an intelligent discussion of what it means and doesnt mean for economies, societies and citizens. This book brings together a wide range of perspectives and fact-based analyses on a topic that will dominate policy debates for years. Read this, agree or disagree with the contributors, but lets start acknowledging that debt is an over-riding political issue.

Michael Taft, research officer with UNITE

What if Ireland Defaults?

edited by

Brian Lucey, Charles Larkin and Constantin Gurdgiev

Published by

Orpen Press

Lonsdale House

Avoca Avenue

Blackrock

Co. Dublin

Ireland

e-mail: info@orpenpress.com

www.orpenpress.com

Brian Lucey, Charles Larkin and Constantin Gurdgiev, 2012

Paperback ISBN 978-1-871305-48-7

ePub ISBN 978-1-871305-52-4

Kindle ISBN 978-1-871305-53-1

A catalogue record for this book is available from the British Library. All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior, written permission of the publisher.

This book is sold subject to the condition that it shall not, by way of trade or otherwise, be lent, resold, hired out, or otherwise circulated without the publishers prior consent in any form of binding or cover other than that in which it is published and without a similar condition including this condition being imposed on the subsequent purchaser.

Brian To my wife, Mary, my support in all

Charles To my parents and Jane for their help and support

Constantin To my wife, Jennifer Hord, for her infinite patience and support

We would like to acknowledge our contributors, editors and all those who made this book possible.

Please note that all dollar amounts are in US dollars unless stated otherwise.