The what will we do with Northern Ireland thread

Started by seafoid, July 22, 2016, 03:42:40 PM

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seafoid

https://www.youtube.com/watch?v=0gGr5XaOQvc


https://www.irishtimes.com/business/economy/major-changes-in-uk-may-destabilise-north-s-economy-1.2729931


While Brexit poses major economic challenges for the North, an even bigger threat is the fact that its economy is massively dependent on transfers from London amounting to around 30 per cent of its income. This subvention is needed to maintain the North's current high standard of living. This makes it virtually impossible to leave the UK.
One recent study of the economics of a united Ireland, on the basis of extremely optimistic assumptions, concluded that a united Ireland might be beneficial for Northern Ireland. However, one of the assumptions was that Ireland would continue to provide the current massive level of transfers that come from London.
The scale of such transfers for the Republic would place a far greater burden on the population here than even the recent years of financial crisis, reducing household income by almost 15 per cent.

Such a dramatic reduction in the standard of living in the Republic would be needed to fund a permanently higher standard of living in the North. Thus a united Ireland is hardly possible on economic grounds.

An alternative "Celtic Fringe" option, where Scotland and the North would leave the UK and join the EU would be equally implausible given the burden for Scotland of supporting the huge transfers that keep Northern Ireland afloat.

Only the large and wealthy English economy can afford to continue funding the North at the current rate. However, here lies the real concern. If Scotland were to seek independence to join the EU, the large transfer to the North would be even more obvious than it is at present.

Even if the UK continues in its current format, the rise of English nationalism threatens the future of the transfers. It seems likely that in a UK suffering the significant costs of Brexit, pressures on government resources could well see a reconsideration of the transfers which allow the North to experience better services than in some parts of England.

Real danger

The real danger for Ireland is that a combination of new economic borders on this island, the negative consequences for the North of Brexit and cutbacks in the generosity of London could have very negative consequences for living standards in the North. In turn, this could be destabilising politically and socially.
While any cut in transfers would hit the North, the scale of transfers it needs rules out any other option for the North. A united Ireland would impose such costs on the Republic (or the North) that it would be unacceptable.

Unless and until Northern Ireland develops a self-sustaining economy reliant on growth from a vibrant private sector, it must hope that London continues its support.
A key task for the Irish Government in the coming months is to try and minimise new barriers between Ireland and the North that could have serious economic and political consequences, and to encourage London to live up to its economic commitments to the North.



Rossfan

And when farmers in the North lose the oul' cheque from Brussels.......
Davy's given us a dream to cling to
We're going to bring home the SAM

seafoid

That clown Leadsom has to find spare money down the back of the couch for the farmers.

BennyCake

London don't give two fucks about the North.

This crap about the North voted to stay so it should be taken into consideration. It voted as part of the UK. The UK as a whole said leave, so it's leaving. If say, Newry voted Stay 100%, should we just make keep Newry in EU but the rest leaves? Nonsense.

Milltown Row2

Do what you have done for the past 90 odd years...... feck all
None of us are getting out of here alive, so please stop treating yourself like an after thought. Ea

Franko

Quote from: BennyCake on July 22, 2016, 04:33:39 PM
London don't give two f**ks about the North.

This crap about the North voted to stay so it should be taken into consideration. It voted as part of the UK. The UK as a whole said leave, so it's leaving. If say, Newry voted Stay 100%, should we just make keep Newry in EU but the rest leaves? Nonsense.

Yeah, that would be true, except Newry doesn't have it's own devolved parliament and is not designated as a distinct region in it's own right.  More to the pity.

E minus for analogies.

Franko

Quote from: Rossfan on July 22, 2016, 04:11:26 PM
And when farmers in the North lose the oul' cheque from Brussels.......

You nearly sound happy about it.

Rossfan

Quote from: Franko on July 22, 2016, 04:56:27 PM
Quote from: Rossfan on July 22, 2016, 04:11:26 PM
And when farmers in the North lose the oul' cheque from Brussels.......

You nearly sound happy about it.
No just pointing out another load of income which will be foregone in the 6 Cos.
Davy's given us a dream to cling to
We're going to bring home the SAM

Franko

Quote from: Rossfan on July 22, 2016, 05:03:34 PM
Quote from: Franko on July 22, 2016, 04:56:27 PM
Quote from: Rossfan on July 22, 2016, 04:11:26 PM
And when farmers in the North lose the oul' cheque from Brussels.......

You nearly sound happy about it.
No just pointing out another load of income which will be foregone in the 6 Cos.

That's good of you.  No one else had realised.

BennyCake

Quote from: Franko on July 22, 2016, 04:50:51 PM
Quote from: BennyCake on July 22, 2016, 04:33:39 PM
London don't give two f**ks about the North.

This crap about the North voted to stay so it should be taken into consideration. It voted as part of the UK. The UK as a whole said leave, so it's leaving. If say, Newry voted Stay 100%, should we just make keep Newry in EU but the rest leaves? Nonsense.

Yeah, that would be true, except Newry doesn't have it's own devolved parliament and is not designated as a distinct region in it's own right.  More to the pity.

E minus for analogies.

The North has Stormont. It's about as useful as Newry's non-existing devolved parliament.

Franko

Quote from: BennyCake on July 22, 2016, 05:19:26 PM
Quote from: Franko on July 22, 2016, 04:50:51 PM
Quote from: BennyCake on July 22, 2016, 04:33:39 PM
London don't give two f**ks about the North.

This crap about the North voted to stay so it should be taken into consideration. It voted as part of the UK. The UK as a whole said leave, so it's leaving. If say, Newry voted Stay 100%, should we just make keep Newry in EU but the rest leaves? Nonsense.

Yeah, that would be true, except Newry doesn't have it's own devolved parliament and is not designated as a distinct region in it's own right.  More to the pity.

E minus for analogies.

The North has Stormont. It's about as useful as Newry's non-existing devolved parliament.

Irrelevant

Arthur_Friend

The north would have to be phased into a unified Ireland, with England continuing to pay for a certain amount of time and help from the EU for the ROI.

A federal Ireland keeping Stormont would be an incredible waste of money. Wtf do they do anyway?

An Watcher

Phased return, just like a period of long term sick from the civil service!

seafoid

If all the prices in NI fell by 30% and there was some sort of redistribution mechanism the London money could be cut off.

J70

I can see back in the day when the North had a huge security apparatus, but what is all the government money being pumped into these days?

Is unemployment that high and poverty that rife?

Is it all about the farmers?