A Quote by Enda Kenny

By 2007, an uncompetitive, bloated, over-borrowed and distorted Irish economy had been left at the mercy of subsequent international events without the safeguards, institutions, and mindset needed to survive and prosper as a small open economy inside the euro area.
For a small open economy such as Cyprus, the euro adoption provides protection against international financial turmoil, which often has a disproportionate effect on smaller economies.
We can't have extraordinary dynamism, innovation, and change in the economy and expect to have predictability and stability in our personal lives. It's not as if there are these big, giant institutions existing between us and the economy. In fact, these institutions have become tissue-thin. There is no mediation anymore. We are the economy; the economy is us.
I think it is fair to say that 2007 represents a turning point for the Irish economy.
For a small open economy that trades mostly with the euro zone it makes absolute sense to be part of the currency union. Our currency has already pegged to the euro since 2002. We don't have an independent monetary policy. We are regulated by the European Central Bank in Frankfurt, but we are not able to reap all the profits. Our businesses want to save the transaction costs.
I have three treasures which I hold and keep. The first is mercy; the second is economy. The third is daring not to be ahead of others. From mercy comes courage; from economy comes generosity; From humility comes leadership.
Because I come from a place like Jamaica, which is a small, open economy, I viscerally get the importance of the global economy.
Frugality and economy are virtues without which no household can prosper. Whatever the income, waste of all kinds should be most sternly repressed ... Economy and frugality must never, however, be allowed to degenerate into meanness.
Yes, I think India's economy always has been a mixed economy, and by Western standards we are much more of a market economy than a public sector-driven economy.
Two decisions have damaged the stability both of the euro and of Europe: the premature admission of Greece to the euro area and the breach and subsequent weakening of the stability and growth pact.
The economy in Ireland has been rampaging ahead for the last 15 years. Barring an international, political or natural catastrophe, things can only get better for the Irish.
At the heart of the Irish economy has always been the philosophy of tax competitiveness. On the cranky left, that is very annoying; I can see that.
Our economy will not prosper as long as it is monopolised (by the government). The economy must be rid of monopoly and see competition, it must be freed of insider speculation, be transparent, all people must be aware of the statistics. If we can bring transparency to our economy, we can fight corruption.
We are shrinking the size of the federal government as a percent of our economy from over 21 percent of the economy to 19 percent of the economy. At the same time, we're growing the private economy.
It's probably fair to say that Obama's ideas were too big for America's appetite. It would have been nice had he made a few incremental repairs to the economy and left the transformative events for a less stressful time.
Globalization can be very unjust and unfair and unequal, but these are matters under our control. It?s not that we don?t need the market economy. We need it. But the market economy should not have priority or dominance over other institutions.
Nevertheless, it is probably fair to say that Obama's ideas were too big for America's appetite. It would have been nice had he made a few incremental repairs to the economy and left the transformative events for a less stressful time.
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