Frances P. Ruane, , is an Irish academic economist and former director of the
Economic and Social Research Institute
The Economic and Social Research Institute (Institiúid Taighde Eacnamaíochta agus Sóisialta in Irish) is an Irish research institute founded in 1960 to provide evidence-based research used to inform public policy debate and decision-making. ...
(ESRI) in
Dublin
Dublin is the capital and largest city of Republic of Ireland, Ireland. Situated on Dublin Bay at the mouth of the River Liffey, it is in the Provinces of Ireland, province of Leinster, and is bordered on the south by the Dublin Mountains, pa ...
,
Ireland
Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan ...
2006−2015. She is recognised for her research on FDI and its effect on host economies. She has also been a regular appointee to State and public policy boards and committees, including most recently acting as Chair of the
Statistical and Social Inquiry Society of Ireland (2016-2019) and the
National Competitiveness Council (since 2019).
Early life
She is a native of
Tuam
Tuam (; , meaning 'mound' or 'burial-place') is a town in Ireland and the second-largest settlement in County Galway. It is west of the midland Region, Ireland, midlands of Ireland, about north of Galway city. The town is in a civil parishe ...
, County Galway.
She entered
University College Dublin
University College Dublin (), commonly referred to as UCD, is a public research university in Dublin, Ireland, and a collegiate university, member institution of the National University of Ireland. With 38,417 students, it is Ireland's largest ...
in 1968 and graduated in 1971 with a
B.A. in
Economics
Economics () is a behavioral science that studies the Production (economics), production, distribution (economics), distribution, and Consumption (economics), consumption of goods and services.
Economics focuses on the behaviour and interac ...
, Politics & Statistics, and in 1973 with an
M.A. in Econometrics and Statistics.
Career
Early career
Between 1971 and 1974, she worked as a Planning Officer at the
Industrial Development Authority, which spawned her interest in FDI, and subsequently as a Research Economist at the
Central Bank of Ireland
The Central Bank of Ireland () is the national central bank for Ireland within the Eurosystem. It was the Irish central bank from 1943 to 1998, issuing the Irish pound. It is also the country's main financial regulatory authority, and since 2 ...
. Between 1974 and 1979, she undertook a
MPhil
A Master of Philosophy (MPhil or PhM; Latin ' or ') is a postgraduate degree. The name of the degree is most often abbreviated MPhil (or, at times, as PhM in other countries). MPhil are awarded to postgraduate students after completing at least ...
and then a
DPhil
A Doctor of Philosophy (PhD, DPhil; or ) is a terminal degree that usually denotes the highest level of academic achievement in a given discipline and is awarded following a course of graduate study and original research. The name of the deg ...
in Economics, at
Nuffield College
Nuffield College () is one of the Colleges of the University of Oxford, constituent colleges of the University of Oxford in England. It is a graduate college specialising in the social sciences, particularly economics, politics and sociology. N ...
in
Oxford
Oxford () is a City status in the United Kingdom, cathedral city and non-metropolitan district in Oxfordshire, England, of which it is the county town.
The city is home to the University of Oxford, the List of oldest universities in continuou ...
. It was in Oxford that she got her first lecturing experience, teaching at
Balliol College
Balliol College () is a constituent college of the University of Oxford. Founded in 1263 by nobleman John I de Balliol, it has a claim to be the oldest college in Oxford and the English-speaking world.
With a governing body of a master and ar ...
between 1975 and 1977.
Career in higher education
In 1977, after her MPhil, and while still studying for her DPhil, she took up a teaching post at
Trinity College, Dublin
Trinity College Dublin (), officially titled The College of the Holy and Undivided Trinity of Queen Elizabeth near Dublin, and legally incorporated as Trinity College, the University of Dublin (TCD), is the sole constituent college of the Univ ...
, becoming a Fellow in 1985 and promoted to Associate Professor in 1991.
She was Bursar of Trinity College between 1991 and 1995 and Head of the Economics Department 1997-2000, the first female to have the role since the foundation of the Department. She was Editor of the
Economic and Social Review between 1981 and 1984 and was Research Director of the Foundation for Fiscal Studies between 1989 and 1996. Between 1998 and 2004, she served as Vice-President (1998-2000), President (2000-2002) and Vice-President (2002-2004) of the
Irish Economics Association. In 2001, she ran unsuccessfully, as a candidate for
Provost of Trinity College, an event later described by Prof
Jane Ohlmeyer as important for encouraging women to take on leadership roles in the Irish public service, creating "a crack in the glass ceiling". In 2003, she was made a member of the
Royal Irish Academy
The Royal Irish Academy (RIA; ), based in Dublin, is an academic body that promotes study in the natural sciences, arts, literature, and social sciences. It is Ireland's premier List of Irish learned societies, learned society and one of its le ...
.
In 2002, together with other economists, she warned against "Benchmarking" pay increases proposed for Ireland's public sector. This prediction of significant economic costs was largely borne out following the end of Ireland's Celtic Tiger bubble, as the government was faced with a very large current spending deficit, following its permanent spending commitments on the back of temporary taxation revenues. Her interest in public policy led to the publication of "Governance and Policy Making in Ireland", co-edited with Donal de Buitléir, in 2003 and "Using Evidence to Inform Policy", co-edited with Pete Lunn, in 2013.
Her principal academic research interests relate to
FDI. Through her research, Ruane has contributed to the understanding of
international economics
International economics is concerned with the effects upon economic activity from international differences in productive resources and consumer preferences and the international institutions that affect them. It seeks to explain the patterns an ...
,
industrial development, structural change, and firm heterogeneity. For her academic research and public service, she was recognised with an Honorary Fellowship by Trinity College Dublin in 2010 and was invited to give the 21st Leonard Abrahamson Memorial Lecture by the
Royal College of Surgeons in Ireland
The Royal College of Surgeons in Ireland (RCSI) is a not-for-profit medical professional and educational institution, which is also known as RCSI University of Medicine and Health Sciences. It was established in 1784 as the national body ...
in 2011. She served as a member of the Council of the Royal Irish Academy between 2012 and 2015.
ESRI & later career
She succeeded
Brendan Whelan as director of the ESRI on 1 December 2006 and retired in 2015. During her tenure as ESRI Director and since, Ruane has appeared regularly in the media.
Public body and voluntary roles
She has served on many committees and boards, including the
Higher Education Authority
__NOTOC__
The Higher Education Authority (HEA), officially An tÚdarás um Ard-Oideachas, is the statutory body providing policy advice for higher education in Ireland.
Description and functions
The HEA was established under the Higher Educati ...
, the Health Research Board, the
Council of Economic Advisers (Scotland)
The Council of Economic Advisers (CEA) in Scotland was a group of economists and leading figures from the private sector and academia who advised the Scottish Government. Its principal aims were to advise on improving the competitiveness of the ...
, the National Statistics Board, the European Advisory Committee on Statistical Information in the Economic and Social Spheres, the National Board for Science and Technology, and the boards of the
Industrial Development Authority,
Forfás, and
Bord Gáis
Cucerdea (, Hungarian pronunciation: ) is a commune in Mureș County, Transylvania, Romania. It is composed of three villages: Bord (''Bord''), Cucerdea, and Șeulia de Mureș (''Oláhsályi'').
The commune is located in the southwestern part of ...
.
From 2016 to 2019, she served as Chair of the
Statistical and Social Inquiry Society of Ireland, one of Ireland's oldest learned societies; she was only the second female Chair in the Society's 170-year existence, after
Thekla Beere. In 2017, she was named chair of the board at the
Abbey Theatre
The Abbey Theatre (), also known as the National Theatre of Ireland () is a theatre in Dublin, Ireland. First opening to the public on 27 December 1904, and moved from its original building after a fire in 1951, it has remained active to the p ...
.
Since 2019, she has been Chair of Ireland's
National Competitiveness Council.
References
External links
Research affiliate profileat the
Economic and Social Research Institute
The Economic and Social Research Institute (Institiúid Taighde Eacnamaíochta agus Sóisialta in Irish) is an Irish research institute founded in 1960 to provide evidence-based research used to inform public policy debate and decision-making. ...
(ESRI)
IDEAS/REPECGoogle Scholar
{{DEFAULTSORT:Ruane, Frances P.
Living people
Economic and Social Research Institute
21st-century Irish economists
Irish women economists
Academics of Trinity College Dublin
People from Tuam
1951 births
Members of the Royal Irish Academy
20th-century Irish economists
Scholars and academics from County Galway
Alumni of University College Dublin