Oireachtas Joint and Select Committees

Wednesday, 24 May 2017

Joint Oireachtas Committee on Arts, Heritage, Regional, Rural and Gaeltacht Affairs

Sustaining Viable Rural Communities: Discussion (Resumed)

2:10 pm

Dr. Brian Hughes:

To come back to a normal economy, perhaps having gone from 23% to 3%, it is generally felt in the economies of modern countries throughout the world that a healthy level of gross domestic fixed capital formation, GDFCF, is about 12%. Depending on how much of that is public sector-----