Oireachtas Joint and Select Committees
Thursday, 2 May 2024
Joint Oireachtas Committee on the Implementation of the Good Friday Agreement
All-Ireland Economy: Discussion (Resumed)
Professor Edgar Morgenroth:
-----or that we just ignore the evidence but that is what the evidence says.
We will move on to the FDI. In a united Ireland context, corporation tax would be identical North and South. That is going to have a benefit to Northern Ireland that they do not currently have. Consequently, that should attract some extra FDI into Northern Ireland.
If there are educational reforms on top of that, that would attract some more FDI into Northern Ireland. If there is additional investment in infrastructure, I said this earlier and I am not sure if the Deputy was in the chamber, particularly around broadband, that will bring in some additional FDI into Northern Ireland. The question is where this comes from and whether that displaces FDI that is currently going into the Republic of Ireland, which has the benefits of better infrastructure, better corporation tax, the better education system and so on. We do not know this for sure but there is only a certain pie of FDI out there and as the Republic of Ireland, we are currently picking up a disproportionate share. Ireland is doing very well in this.
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