Arter an inspirational personal story from Richard Farleigh, Colm Lyon and Ronan Lyons had the task of brining us up to date with the challenges of the economy.
Here are some of the soundbites that were Tweeted:
krishnade: Colm McCarthy suggests that property related taxes led the collapse in the Irish economy #futurefocusrogergalligan: #futurefocus McCarthy – property related taxes led to collapse in exchequer revenue €8bn -> €2bn due to fall in property transactions.rogergalligan: #futurefocus McCarthy – property related taxes led to collapse in exchequer revenue €8bn -> €2bn due to fall in property transactions.rogergalligan: #futurefocus McCarthy without 4 interventions debt would rise by 15% of gdp.Now it will be circa 10%. Will remain at 10% unless more changeskrishnade: 6 billion of hole in the exchequer in Ireland down to property and Colm McCarthy suggests UK will also have to take more action #futurefocuskrishnade: Colm McCarthy comments that Government spending will be up 6.9% on last year despite cuts #futurefocuskrishnade: Colm McCarthy “borrowing needs to be contained in 2009 and reduced decisively in 2010″ #futurefocusfredchannel: Ronan: “4 Irish Elephants hiding at the back of the room: : Banking, budget, unemployment, property” #futurefocusrogergalligan: #futurefocus Ronan Lyons, economist, now on feet. Green shoots of recovery…purchasing managers index is moving back upwards towards 50.rogergalligan: #futurefocus quick question for audience…voting on when they think economy going to grow.. most plumb for “not for another year at least”.krishnade: Comment that there has never been a more exciting time to start a new business due to technology says @ronanlyons #futurefocus
Here are some final statistics shared by Colm McCarthy:
Real GDP 8.6% in 1995- 2002 vs 5.3% in 2002-2008Real GNP 7.2% in 1995- 2002 vs 5.2% in 2002-2008Real GNDI 7.0% in 1995- 2002 vs 3.5% in 2002-2008
The message in summary is that we are still in for difficult challenges in the next few years here in Ireland. So how can technology and innovation help us navigate the uncertain times?
Well that’s the subject the audience is waiting to hear about in the sessions at Future Focus Dublin on communications and future technology.
By the way you will find Ronan Lyons on Twitter – @ronanlyons.
Author: Krishna De speaks, writes and consults on brand engagement and communications to build your visibility, reputation and profits through traditional and social media; follow her on Twitter @krishnade.
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Future Focus Conference, Dublin 2009 - Krishna De: Branding, Personal Branding, Employer Branding, Social Media Marketing, Communications, PR, Online Identity // June 22, 2009 at 5:44 am |
[...] Colm McCarthy and Ronan Lyons on the state of the Irish economy [...]