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Regional Economics - Northern Ireland's Long Term Economic Future

Geoff Riley

6th May 2021

This long read from the FT provides important insights into the many challenges facing the Northern Ireland economy.

Continued uncertainty over the economic fall out from Brexit is amplified by weaknesses in critical infrastructure, the continued debilitating impact of segregation and also a structural brain drain of highly qualified students. Two thirds of students who opt to take their degree outside of the Province do not return.

The likelihood of a growing gap in corporation tax rates between Northern Ireland and the Republic might act as a widening barrier to attracting inward investment for a region that has - for a long time - been highly dependent on public sector employment.

There is much to gain from reading through this excellent background primer on the Northern Ireland economy with plenty of applied economic statistics to assess.

Geoff Riley

Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.

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