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Independent Ireland: A centennial perspective | VOX, CEPR Policy Portal

Morgan Kelly
The Irish economy has periodically been held up as an example that other countries can learn from, but the lessons to be learned have varied over time. Depending on the period, it has served as a model to be followed or a sobering lesson in failure. In 1988
The Economist dubbed it “the poorest of the rich”; by 1997 the same magazine was hailing it as “Europe’s shining light”. In the run-up to the Great Recession the country was “a poster-child for what not to do”; by 2013 it was “setting standards” for how to recover (
The Economist 2015, Roche et al. 2016: 1). ....

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Northern Ireland's £9.4bn subvention and the cost of Irish unity

The level of subvention Northern Ireland receives from the UK exchequer has become, like so many things in the North, politicised. Itâs regularly â and spuriously â conflated with the economic cost of a united Ireland, which is an entirely different concept.
In reality, the transfers that go from London to Belfast each year â they amounted to Â£9.4 billion (â¬10.8 billion) in 2019 â merely reflect the Northâs annual budget deficit, the difference between what it raises in taxes and what it spends.
According to the UKâs Office for National Statistics (ONS), Northern Ireland was one of nine UK regions to have a fiscal deficit in 2019. ....

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Average Belfast worker may have £1,500 more in back pocket but NI's 'chronic issues' make united Ireland unfeasible for now, says UUP councillor

The report - Who is Better off? Measuring Cross-border Differences in Living Standards, Opportunities and Quality of Life on the Island of Ireland - found that standards of living were better in the Republic than in Northern Ireland across almost all indicators.
Carl McClean, an Ulster Unionist councillor for Ards and North Down, helps companies move their staff around the world by providing them with cost of living data. He said we did not need the ESRI report to highlight the economic difficulties in Northern Ireland.
Mr McClean said: The report looked initially right to me at most salary levels, but my calculations can suggest otherwise. Comparing like-for-like salaries and looking at differences in goods and services, housing, and taxes, a married person on Northern Ireland s median wage of £28,000 can expect £1,500 more in their pocket living in Belfast compared to Dublin. ....

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Belfast mum living in Dublin questions new research showing households in Republic have more disposable income than NI

A Belfast woman who is now living in Dublin has questioned new research showing that households in the Republic have more disposable income than those in Northern Ireland. ....

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Republic tops Northern Ireland for life expectancy and households are €3,800 better off

Households in the Republic have €3,800 (£3,300) more disposable income annually than those in Northern Ireland, new research shows. ....

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