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Graduate Coffee Chat with Anastasiia Potashina, Account Strategist at Google

Anna Lelashvili

As part of the Graduate Coffee Chats series in collaboration with Foresight Business Group, TBR’s Chief Financial Officer and Foresight President Anna Lelashvili spoke to Anastasiia Potashina, Account Strategist at Google to get insight into life as a graduate at Google.

The Account Strategist Role – What is it?

As an Account Strategist supporting the UK and Ireland market, Anastasiia works with small and medium-sized businesses (SMBs) to develop and implement effective digital marketing solutions. This involves managing a portfolio of clients and acting as a trusted advisor, understanding their unique needs and aligning advertising strategies with their business goals. 

This role, within the Google Customer Solutions (GCS) team, blends client engagement with strategic planning. Offering exposure to diverse industries from travel to technology, the team fosters both industry knowledge and thought leadership. GCS Account Strategists empower SMBs to grow and achieve their objectives by bringing them the best of Google’s resources. The role provides continuous training and mentorship, fostering professional development within a supportive team environment, and offers direct interaction with business leaders to build a strong professional network.

** Anastasiia noted that the entry-level position for this role is now referred to as Customer Growth Associate. 

Career Progression

Career progression is an ongoing process that requires upskilling and demonstrated performance, with Account Strategists evaluated on performance metrics. The company also encourages personal development and exploration of individual interests. As Anastasiia is passionate about inclusion and belonging, her contributions outside of her usual team responsibilities include being an inclusion ambassador, which entails running training sessions for her team, as well as being a ‘buddy’ to three Nooglers (new joiners at Google), helping them settle in.

The Interview Process

The Google interview process for this role involves a series of steps designed to assess your overall fit and qualifications. It begins with an initial call with a recruiter, followed by three video interviews with the hiring manager and Googlers from related teams. The interviews will focus on your alignment with Google’s culture and values, exploring whether you would thrive in the company and team environment. Another interview will assess your understanding of Google Ads and the specifics of the role, determining your ability to successfully perform job duties. This explores your business acumen, stakeholder management skills, and ability to achieve targets.

Work Culture 

Anastasiia described the work culture at Google as ‘helpful and open’ and also culturally diverse, which stood out to her when she first started working. As Google’s Dublin office is the EMEA head office, employees relocate from all over the world to work in Dublin. 

‘It’s a culture of sharing experiences openly. Prioritising growth, not just for yourself but for others as well, which I really appreciate within Google and there aren’t too many companies like this.’

While Anastasiia had some experience with Google Ads during her time at Trinity College Dublin, she was able to fully deepen her knowledge in her role. Luckily, her Noogler cohort included professionals who had gained experience in other technology companies, allowing Anastasiia to ask them for help. When joining Google, Anastasiia went through the onboarding process, where not only did she learn the ins and outs of Google Ads, but also helped her make friends and feel a sense of belonging. Additionally, each Noogler gets a strong layer of internal support – that being their team members and managers with additional access to more senior team member’s inputs to help them settle in and succeed in the new role. 

‘When I just started, imposter syndrome was definitely affecting me quite a bit. However,  that happens to every single person who starts here. It does go away a little bit, but it’s always there in your subconscious, allowing you to strive for continuous learning.’

Advice to Students 

  1. Reach out to Googlers! : Reaching out to those who are already in Google will help you understand what the job is about. Anastasiia did this and found it very helpful. It was Trinity that recommended her to do this. They advised her to look at the Trinity College or Trinity Business Alumni LinkedIn page and go through alumni to find who works in Google, specifically on the potential team you are interviewing for, and ask for 15 minutes of their time! 
  2. Office Visits: As part of the Masters in Marketing, Trinity Business School organised a variety of office tours to allow students space to understand the roles they have on offer to graduates. Anastasiia recommended attending these visits, if they are offered as part of your course, as it is a good opportunity for networking.  
  3. CV & Interview: For your CV, make sure you are very impact-focused, adding quantitative measures of your impact. For interviews, use the STARL method. While many of us are familiar with the STAR method (Situation, Task, Action & Result), Anastasiia recommended adding the L (learning) component to discuss what you learned from the situation and how you have implemented the learning experience since.

Coffee Chat with Jane Brazil, Deals Advisory Associate at PwC 

Kate Lynch 

As part of the Graduate Coffee Chats series in collaboration with Foresight Business Group, Foresight Vice President Kate Lynch spoke to Jane Brazil, Deals Advisory Associate at PwC and former TBR Editor-in-Chief to get insights into her life as a graduate. 

PwC Deals Advisory Associate Role 

Jane, a Trinity Law and Business graduate of the class 2023, is currently working as a Deals Advisory Associate at PwC. In PwC, they have a specific deals programme known as “The Edge Programme”, which lasts 3 and a half years and occurs in Irish offices, across EMEA (Europe, Middle East, and Africa) and Asia Pacific. In this programme employees get the opportunity to rotate across different business units, which Jane described as “very useful, because you get an insight into different stages of the deal lifecycle”. Jane described it as a global programme, as you get the opportunity to visit Madrid at the start of the 3 years and meet other graduates from many offices across EMEA. 

Jane is currently in her second year of the programme and has done rotations in the Transaction services (TS) and then Capital Projects & Infrastructure (CP&I) department. Her home department is M&A (Mergers & Acquisitions) within corporate finance, being situated in this department day-to-day. Jane emphasises that “no two days are the same, one day I could be doing financial modeling, then the next day I could be doing market outreach…it’s so diverse”.

Career Progression 

Jane is currently starting her career as an associate, with career progression then leading to senior associate, manager, senior manager and eventually director or partner. This direct trajectory allows for continuous professional development with a clear vision of what’s next. 

Interview Process at PwC 

Jane came into this role from a summer internship position, so she didn’t go through the interview process for the graduate programme. However, she did experience the process for the internship position, which began with the usual online application involving a CV and academic background. If shortlisted, you’re then invited to participate in an online psychometric assessment and a group interview. If you’re successful after that stage, you’re brought for a private interview with a senior member of the team. Jane described it as a multi-stage process, but pretty similar to many other companies’ interview processes. 

Skills gained from Internships: Are they Still Relevant? 

Jane previously did an internship with KPMG in audit and “found it really beneficial in terms of your general knowledge about the different business functions”. She was able to transfer this knowledge to PwC and it helps her with the “day-to-day work in deals”. She emphasises the importance of “getting exposure to what different roles do, especially in the corporate world as it is all interlinked”. In certain transactions, Jane “would be working with lawyers and tax specialists” so it’s good to have a general understanding. 

In terms of soft skills, Jane says the internships are great for “pushing you out of your comfort zone..during the eight weeks and meeting loads of people”. During the Summer in PwC a lot of the associates go on study leave. These associates are replaced with the summer interns which puts the interns on actual live projects, giving them the opportunity to gain an abundance of hands-on experience, which Jane found so invaluable and an excellent opportunity experience all round. It’s also a great way to become more aware of what the graduate programme is like as it’s a very similar environment to the internship. 

Work Culture 

Jane describes the work culture in PwC as “very dynamic, very collaborative and very supportive, especially in deals, because we’re quite a small team”. Jane, as an associate, works directly with partners and directors where they will ask for her opinions and thoughts on projects, which is “daunting at the start, but they genuinely do want to hear your thoughts and ideas”. Jane expresses that it’s great to work so closely with the partners and directors because “they have so much experience and you learn from that”. Since the team is small, you become so close with everyone and it makes it a lot easier when working on different projects.

Insights into a Current Project 

Although Jane couldn’t give us too many details on a project, she did talk about how she has worked across a lot of different industries over the past 18 months. From “industrial and real estate to consumer goods, you get the opportunity to work in all different sectors”. This structure is very specific to PwC Ireland, getting the ability to work on projects from multiple different industries. In the likes of the UK, you tend to specialise early on, for example specialising in only real estate. Whereas in Ireland you can “bounce between all different industries, which is great. You learn so much”. 

Advice for Students 

When posed with this question, Jane immediately spoke about the importance of reaching out and making the most of your college alumni network. You’ll come across loads of alumni who work in the company you’re interested in, and the best way to get insight into what it’s like (aside from actually doing an internship) is to “just reach out to them and ask them, go for a coffee with them… that’s the best approach” 

Jane also recommended making the most out of all the college talks set up by societies. For example, the SMF: “they bring in amazing speakers…even the most random ones…just go and hear what they have to say…because you will probably hear things you never thought about before or programmes you never knew existed”. Attending these talks and events can help you be more up to date with current affairs as that’s something they really value in the interview process. 

Jane also emphasises the importance of getting involved in more societies and “quality over quantity”. Jane believes that when it comes to societies, “just get involved in one or two, because you can learn a lot of the soft skills that you need in the professional world” such as communication, leadership and time-management. And of course, “it does look really impressive on your CV!”. It shows that you’re not just about the academics, that you can also get on with people and work effectively in teams.

Coffee Chat with Anoushka Qazi, Management Consulting Senior Analyst at Accenture

Rhea Singhal 

As part of the Graduate Coffee Chats series in collaboration with Foresight Business Group, TBR Correspondent and Foresight Chief Strategic and Financial Officer Rhea Singhal spoke with Anoushka Qazi, a Management Consulting Senior Analyst at Accenture, to gain insight into life as a graduate in the consulting industry.

Management Consulting Senior Analyst – What Does It Involve?

Accenture, a global professional services leader, helps businesses, governments and organisations streamline operations, integrate digital solutions, and drive large-scale transformations. Anoushka specialises in change management within the consumer products industry, working closely with clients to ensure business transformations happen smoothly and seamlessly.

One of her projects involves a UK-based client undergoing major shifts in supply chain planning, HR and data management. Effective change, she explains, hinges on securing employee buy-in. “You can’t implement change without bringing people on the journey with you,” she says. Her role bridges the gap between strategy and execution—assessing how employees currently work, gauging their openness to change and guiding them through the transition.

She compares her work to persona mapping, stepping into the shoes of employees to understand their needs and concerns. One of her biggest challenges is shifting mindsets, as resistance to change is natural. “I totally understand the resistance to change. It’s about getting people to think about the long-term,” she shares. This highlights a core aspect of change management: overcoming short-term discomfort to achieve lasting improvements.

Finding the Right Fit in Consulting

For graduates entering Accenture, the first year offers exposure to different areas—Financial Services, Software & Platforms, Talent & Organisation, Strategy, Tech Consulting and Chief Financial Officer (CFO) & Enterprise Value (EV). This flexibility allows new hires to explore different areas of interests before specialising.

“I knew I was very people-oriented. I like working with people and the human resources element,” Anoushka explains. Initially, she explored financial services but realized it wasn’t the right fit. Still, she values that experience, as it gave her a broader perspective and an edge in understanding different industries.

 “Even though I didn’t love it, what I learned there still gives me an edge—it’s not time wasted. The one thing common across every industry is dealing with change, and you build skills that transfer everywhere.”

This adaptability is crucial in consulting. Some graduates enter with a fixed idea of their career path, but Anoushka emphasizes the value of starting broad and flexible. 

“The nice and scary thing about consulting is that you start as a generalist. You pave your own way. I studied BESS in college, which was quite broad, so I said, ‘Let me go in as a generalist,’ and two years later, I found my passion for change management.”

Why Consulting?

For Anoushka, the appeal of consulting lies in teamwork and variety. She enjoyed group projects in college, which naturally translated to her work at Accenture. “Consulting is all about teamwork—there are layers of support from analysts to consultants to managers.” The dynamic nature of consulting also keeps things engaging, with new challenges and projects keeping the work fresh.

Her involvement in student groups like ISCG and DUCG helped her pinpoint her passion early on. “Only after working on projects with these societies did I realize I enjoyed it.” This further underscores the importance of extracurricular experiences in shaping career interests.

What I Wish I Knew in College

While many students prioritise academics, Anouskha emphasises the importance of being involved on campus to develop your soft skills.

“The leadership, teamwork, public speaking and time management skills I developed as President of DUCG really stand out in my job today. Don’t underestimate those skills!”

She also highlights the relevance of everyday academic tasks. “Say you’re writing an essay—think about the skills you’re using: critical thinking, simplifying information, getting feedback, rewriting. That’s exactly what you do in consulting.” While technical expertise can be learned on the job, adaptability and communication skills are what truly set candidates apart.

Her advice? Take on opportunities that push you beyond your comfort zone. 

“Any opportunity to step outside your comfort zone—like public speaking—go for it! It will stand to you.”

For students worried about a lack of experience, Anoushka reassures them that it’s not about having the perfect resume. 

“Don’t feel pressured. We know you’re coming straight out of college. Extracurriculars are differentiators! They make your application stand out. Even part-time jobs show skills like time management. Focus on what you learned from your experiences—it’s all about self-awareness.”

The Intern-to-Grad Process

Anoushka transitioned from an intern to a full-time graduate role at Accenture. Following her remote internship during COVID, she underwent a review process that included self-reflection and a discussion with a senior manager before receiving a graduate role offer.

For those applying directly, the process involves:

  1. Online application
  2. Online assessment centre (problem-solving exercises)
  3. Second assessment centre (collaborative tasks)
  4. Final interview with a senior manager“This is where you show your personal flair and ask questions. It’s more about problem-solving approaches than technical knowledge.”

Work Culture: College 2.0

Accenture fosters a highly social work environment, easing the transition from college to corporate life. They bring in new grads every few months, so there are always events happening. There are clubs for everyone—book clubs, film clubs and more.” This community-driven culture helps new joiners feel at home.

She also appreciates Accenture’s inclusivity. “I organised Accenture’s first-ever Eid event! I’m passionate about women’s leadership and organizing panels. If you care about something, you can make it happen here.”

Beyond project work, Accenture encourages employees to explore additional interests through “plus ones,” which allow them to work with different teams. “You can tailor your experience based on what interests you.”

Travel is also a major perk. Accenture recently reintroduced a four-day trip to Madrid for global collaboration. Additionally, Anoushka frequently visits the UK for client site visits, reinforcing the firm’s global network.

Advice for Students 

Finally, Anouska concludes the coffee chat by offering the advice below:

  1. Mentorship: Anoushka emphasises the value of mentorship, both in college and at work. She encourages students to seek guidance, even informally. “In Accenture, if I liked a manager I worked with, I’d ask to catch up—even if we weren’t on the same team anymore. You’d be surprised—people genuinely want to help!”
  2. Asking questions: Consulting thrives on curiosity, but Anoushka advises structuring questions thoughtfully. “No question is a stupid question, but don’t rush into it! Take time to reflect and structure your thoughts. If you’re stuck, frame it like: ‘I’ve done this, but I have a question about X.’ That way, it’s clear and productive.”
  3. Put yourself out there:  “The best thing you can do is put yourself out there. Whether it’s public speaking, leadership roles, or networking—every experience will help you in ways you don’t even realize yet.”

For students considering consulting, Anoushka’s journey highlights the importance of adaptability, continuous learning and stepping outside one’s comfort zone.

THIRD PLACE: Domestic Holders vs Foreign Holders of Public Debt. Is Ireland’s Lack of Home Bias an Issue?

Jessica Weld

Introduction

The term Home Bias can be defined as the tendency for investors to invest the majority of their portfolio in domestic equities, ignoring the benefits of diversifying into foreign equities. In a small island nation bursting at the seams with such immense pride for its achievements and its continuing ability to punch above its weight on the worldwide stage in all aspects of society, be it the arts, sport, entrepreneurial pursuits, and cultural exports it would be assumed that such pride would leak into the investment decisions of Irish residents.

The reality is that domestic holdings of public debt in Ireland have been in decline since 2005. From research published by the European Central Bank in 2021, direct and indirect holdings of government debt by resident households in Ireland have fallen from 19.5% in Q4 2005 to 9.1% in Q4 2015. I intend to explore the possible reasons for and probable issues arising for the Irish state as a result of declining domestic interest in public debt.

The Current Landscape

The Annual Report on Public Debt in Ireland 2023 has observed a national debt of €233bn at year end 2023, amongst the highest debt per capita in the developed world. This can be attributed to the state overcoming large obstacles such as the Covid-19 pandemic in recent years and the long-term devastating effects of the global financial crisis around 2007/2008 and the years of financial collapse and austerity that followed into the early 2010s.

Despite the high amount of debt per capita, Ireland can be glad of its high credit rating of AA with positive outlook from Standard & Poor’s global ratings in November 2024. This marks a low cost of current and future borrowing for the state and is an overall positive indicator of economic health.

However, Ireland’s proportion of domestic interest in its sovereign debt falls short of the Euro area average. In 2020, 49% of Ireland’s debt was held by residents in comparison to the Euro area average of 56.1%. While the Euro area as a collective displays a strong home bias, why does Ireland fall short of its European counterparts?

Attracting Foreign Investment

Ireland in its recent history has been known as a haven for foreign direct investment, mainly through the establishment of the international and European headquarters of many multinational companies in the state over the last thirty years. These companies have been attracted by Ireland’s lucrative low corporate tax rate and an abundance of incentives provided by the state via the Industrial Development Authority. The same effects can be seen from the perspective of non-resident debt holders. As the economic outlook of the state is overwhelmingly positive as seen through high credit ratings and other economic indicators, everybody wants a slice of the Irish pie.

This effect has been encouraged by Ireland’s membership of the European Union. Free-trade and the common currency within the Eurozone has reduced the costs and risk experienced by non- resident European Union holders of Irish public debt. However, this phenomenon shouldn’t be viewed as wholly negative, the higher demand for Ireland’s sovereign debt as a result of EU membership ultimately pushes the state’s cost of borrowing down.

Domestic Confidence in the Government and Economy

The lived experience and confidence a state’s residents has in its government and economy can have a considerable effect on whether they willingly choose to be debt holders for the state. This can be irrespective of factual economic performance and future outlook. In a 2020 survey by University College Dublin, it was found that 45% of Irish respondents said that they think that the government ignores rules and procedures in comparison to only one third of German and Norwegian respondents believing the same about their respective governments.

I believe that the period of austerity following the global financial crisis has contributed to this negative domestic perception of the Irish government and economy. Many residents who were negatively affected by increased unemployment and the burst of the property bubble have been left with a bad taste in their mouth and are less inclined to lend to the state. Despite factual positive information on economic performance and creditworthiness, I believe that low confidence in the government and economy amongst residents has produced a reversed home bias effect on domestic holdings of public debt.

Direct vs Indirect Debt Holdings

It’s important to examine the way through which debt holders hold their debt. This can be through direct means (being a debt holder) or indirect means (having shares in an investment or pension fund which holds debt as part of its assets). Despite having a low proportion of resident debt holders in comparison to Euro area counterparts, Ireland exceeds its competing nations in direct debt holdings.

In Q3 2020, 10% of resident debt holders of Irish public debt held their debt directly, compared to the Euro area average of 2% 2 . This displays a high proportion of domestic debt holders actively and consciously lending to the state compared to residents passively lending through their contribution to investment and pension funds. This is a positive indicator of Irish residents’ willingness to explicitly lend to the state.

Why Encourage Domestic Debt Holding?

It’s crucial to understand why domestic debt holding is so advantageous to the economy and its residents so as to fully understand why Ireland’s lack of home bias can create issues. Put simply, domestic debt-holding is a win-win for the state and its resident debt holders. For debt holders, Ireland’s residents will benefit from the returns on holding public debt as the cost borne by the government to borrow will flow back into the domestic economy rather than benefitting the economies of non-resident debt holders, producing a circular flow of cash within the state.

Furthermore, resident debt holders will be less likely to demand higher costs on their lending to the state as this will directly affect them negatively. Be it through increased taxation or reduced public expenditure as a knock-on effect.

Currency risk is another avenue that should be explored when it comes to non-resident debt holding. In order to be more attractive to non-resident lenders, the Irish state issues some debt, such as the Euro-Commercial Paper Programme in US Dollars, Great British Pounds, and other currencies on request. Fluctuations in value of the issuing currencies against the Euro can cause relative changes in the cost of borrowing for the state which creates an even stronger case for the state to prioritise domestic debt holding in euros.

Conclusion

It is a certainty that the Irish economy is missing out on the wealth of advantages that come with a high proportion of resident debt holders. The state needs to capitalise on its higher-than-average amount of direct debt holders and transform it into a large-scale new wave of financial patriotism by encouraging residents to lend to the state.

Some measures that can be taken include increasing financial literacy amongst the population about the financial instruments available to them to invest their funds which can increase awareness of sovereign debt holding and its win-win advantages for debt holders and the wider economy.

The state could also explore possible tax incentives to encourage domestic debt holding alongside regulatory requirements for pension and investment funds to hold certain amounts of public debt which will increase indirect domestic holdings of public debt.

It’s time for the state to encourage the Irish people to channel their strong Irish pride into their economy for the benefit of themselves and the generations of Ireland’s children to come.

SECOND PLACE: Balancing the Books: Why Ireland Must Reinvest in Its People

Mia Frishberg – Second Place

Introduction

Ireland stands at a fiscal crossroads: with rising assets and plateauing liabilities, the choices the country makes today will shape its economic trajectory for decades to come. In the past years, Ireland has seen the value of their assets rise while their debt stays stable. According to the 2024 midyear update, the country is seeing a stable 1.5% average interest rate on its €221 billion of debt, expected to remain constant for the next 3-4 years (Smyth, 2024). 1.5% is an exceptionally low interest rate by historical standards, which indicates that the maintenance and issuance of debt is manageable and cost-effective. This rate also suggests confidence in the government’s fiscal management and creditworthiness, and allows the government to plan its policies for the next few years. Compared to the United States, which faces a 4.61% rate for its 10-year bonds (“Fiscal…”, 2025), Ireland is facing much less of a fiscal challenge, and can take advantage of this to strategically grow its economy. Yet, despite the country’s prosperous balance sheet, 70% of younger generation Irish have expressed interest in emigrating to other countries due to the cost of living crisis and a lack of opportunities (National Youth Council of Ireland, 2024). Nonetheless, there are two main options to the
government: to shrink its balance sheet, or to continue operating with a surplus and decide how best to allocate their extra funds. There are nuances within both options which I will break down in the following paragraphs. I argue that while all options have their merits, the best option for the National Treasury Management Agency (NTMA) is to invest in the future, specifically focusing on investments in affordable housing and innovation in order to foster a productive and liveable nation for its residents.

Background and Current Situation

Ireland’s economic history is a study in extremes. Following independence in 1922, the country endured decades of poverty, emigration, and economic stagnation. The Celtic Tiger era of the 1990s saw an economic boom driven by low corporate taxes and foreign investment, making Ireland one of the fastest-growing economies in Europe. However, this prosperity came at a cost. The 2008 financial crisis devastated the Irish economy, leading to mass unemployment and rising debt. Recovery began around 2014, ushering in the Celtic Phoenix era (McLaughlin, 2024). Although economic growth resumed, it exacerbated a housing crisis that persists today. By January 2023, the average house price in Dublin was nine times the average wage (MacCoille, 2023), creating a cost-of-living crisis that has left many Irish people feeling their country is unliveable. Economic Youtuber “The Invisible Hand” created a video touching upon these issues, titled “Why Living in Ireland is Impossible”. He cited a lack of housing supply, increasing demand from refugees and immigrants, and a lack of motivation for construction companies to build new affordable products as the drivers of this housing crisis (The Invisible Hand, 2025).

The Case for Shrinking the Balance Sheet

One option for the government is to shrink its balance sheet by selling state-owned land, privatizing semi-state companies, or reducing involvement in sectors like healthcare or utilities. This would simplify public finances, reduce risk from volatile assets, and lower maintenance costs. It could also free up capital to pay down debt or fund immediate priorities. Compared to other nations, Ireland owns relatively little public land.. In contrast, countries like the United States and Russia own about a third of their landmasses, with significant public holdings used for energy production or national parks. Ireland’s public lands, however, are concentrated in urban areas, often housing public infrastructure like schools (Irish Independent, 2011). The government also has stakes in critical industries, such as energy, telecommunications, and transportation (Wikipedia, 2025). Selling state assets would further reduce the country’s already modest debt burden, currently financed at an average rate of just 1.5%. This would help insulate the economy from future shocks or rising interest
rates, ensuring long-term stability.

Risks of Shrinking the Balance Sheet

However, divesting from public assets is not without risks. History offers cautionary examples of the unintended consequences of privatization. The case of the privatized Eircom is particularly instructive. When the government sold Eircom in 1999 for €6.3 billion, private investors prioritized short-term profits over long-term growth. This led to underinvestment in infrastructure and massive layoffs, ultimately causing the company’s value to plummet to just €39 million by 2011 (The Irish Congress of Trade Unions, 2024). Privatizing utilities or healthcare could similarly backfire, leading to higher costs for consumers and reduced access to essential services. In the United States, for example, a Stanford University study found that privatized hospitals reduced access to care, particularly for low-income patients (Crawford, 2023). Similarly, Cornell University research revealed that water prices rose significantly after utilities were privatized (Dean, 2022). Given these risks, shrinking the balance sheet may not be the most prudent choice for Ireland at this time.

The Case for Strategic Reinvestment

Rather than selling off public assets, the Irish government should use its strong fiscal standing to make targeted investments in solving the country’s most critical issues, with housing being at the forefront. The housing crisis in Ireland has made owning or renting a home increasingly unattainable, as rising demand and limited supply have sent property prices soaring. Investing in affordable housing would directly address this crisis while delivering lasting social and economic benefits. Finland’s “Housing First” initiative provides an inspiring example, where government-built affordable housing significantly reduced homelessness and stabilized the market (Dietz, 2023). Implementing a similar program in Ireland could curb emigration, improve living conditions, and restore confidence in the domestic housing market. Beyond housing, Ireland’s resources and geography make it uniquely positioned to lead in green energy. By expanding infrastructure for wind, solar, and tidal power, the government could reduce energy imports, create jobs, and advance its climate goals. Finally, investing in innovation and technology would strengthen Ireland’s economic future. While the country has become a hub for multinational corporations like Google and Meta, nurturing local startups and funding research in fields like artificial intelligence and biotechnology would foster homegrown industries. These efforts would diversify the economy, create high-paying jobs, and retain young talent, offering a more sustainable path to long-term prosperity.

Implementation Challenges

Implementing these investments would require careful planning and coordination. The government must ensure that housing projects are built in areas with adequate infrastructure and that renewable energy projects comply with environmental regulations. Additionally, fostering innovation will require collaboration with universities, businesses, and research institutions. These challenges are significant but surmountable, especially given Ireland’s current fiscal strength and international credibility.

Conclusion

Ireland’s fiscal stability provides a unique opportunity to address its most pressing challenges. While shrinking the balance sheet might offer some benefits, the risks to public welfare and long-term growth outweigh the potential gains. Instead, the government should focus on strategic reinvestments in affordable housing, renewable energy, and innovation. These investments would address immediate social and economic issues while laying the foundation for a more sustainable and prosperous future. By prioritizing its people and its future, Ireland can ensure a brighter path forward.

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