NI and Ireland

[JonathanM]

It's dated as 2024.

Sorry, I meant my understanding might be way out of date, not your figures.

 

[Mrs Doubtfyre]

Buoyed by a slowly recovering domestic economy and a strong export sector, Ireland's GDP increased by 16.6 percent in 2022, reinforcing its position as one of the best performing economies in the EU, albeit this growth was driven mainly by exports from foreign direct investment.

Ireland - Market Overview

Discusses key economic indicators and trade statistics, which countries are dominant in the market, and other issues that affect trade.

www.trade.gov

I suspect that any foreign investment is the envy of many countries including UK.

 

[fixitflav]

Yet you earlier claimed to know:

I didn't claim to know, I sad "From what I hear...."
You said "I don't suppose there is any official position...." confirming you don't know either. But that didn't stop you making silly comments about fairies. Just being unpleasant for the sake of it.

 

[Vinty]

Only part of Ulster is in UK.
Check your Ireland and NI geography.

Ulster - Wikipedia

en.wikipedia.org

You're intent on misleading the forum readers.

That old chestnut about the 9 county Ulster LOL.
I don't how many times people like you have tried to ambush me with that nugget.
You probably think you know more about the subject than I do.
FYI , the 9 county Ulster was an English invention for administrative purposes, so, its borders have no real historical relevance, a bit like how Crimea was ceded to Ukraine for administrative purposes and now Ukraine claims the territory as its own, getting back to the Ulster question, the clue is in the term 'county', which is of English origin.

Ulster has had different borders at different times in History , at one point it consisted of only the area around modern day Antrim and Down.

 

[JonathanM]

That old chestnut about the 9 county Ulster LOL.
I don't how many times people like you have tried to ambush me with that nugget.
You probably think you know more about the subject than I do.
FYI , the 9 county Ulster was an English invention for administrative purposes, so, its borders have no real historical relevance, a bit like how Crimea was ceded to Ukraine for administrative purposes and now Ukraine claims the territory as its own, getting back to the Ulster question, the clue is in the term 'county', which is of English origin.

Ulster has had different borders at different times in History , at one point it consisted of only the area around modern day Antrim and Down.

So when you say Ulster is a region of the UK, what are you referring to?

 

[Mrs Doubtfyre]

So when you say Ulster is a region of the UK, what are you referring to?

Six of the nine counties of Ulster.

FYI , the 9 county Ulster was an English invention for administrative purposes, so, its borders have no real historical relevance, a bit like how Crimea was ceded to Ukraine for administrative purposes and now Ukraine claims the territory as its own, getting back to the Ulster question, the clue is in the term 'county', which is of English origin.

Ulster has had different borders at different times in History , at one point it consisted of only the area around modern day Antrim and Down.

For Vinty's benefit, Ulster was/ is a province, a historical one at that.
It's made up of 9 counties. 6 in NI, and 3 in Ireland.

Ulster is one of the four traditional or historic Irish provinces. It is made up of nine counties.

Ulster - Wikipedia

en.wikipedia.org

Of course Vinty is allowed to disagree with facts. He often does.

 

[fixitflav]

That old chestnut about the 9 county Ulster LOL.
I don't how many times people like you have tried to ambush me with that nugget.
You probably think you know more about the subject than I do.
FYI , the 9 county Ulster was an English invention for administrative purposes, so, its borders have no real historical relevance, a bit like how Crimea was ceded to Ukraine for administrative purposes and now Ukraine claims the territory as its own, getting back to the Ulster question, the clue is in the term 'county', which is of English origin.

Ulster has had different borders at different times in History , at one point it consisted of only the area around modern day Antrim and Down.

Interesting. I always thought the (9-county) Ulster was one of the old Irish provinces, along with Leinster, Munster and Connaught. Maybe even before the English interfered. I believe nowadays most people use Northern Ireland and Ulster (6 counties) interchangeably.
But you're nearer to it than me!

 

[Mrs Doubtfyre]

I didn't claim to know, I sad "From what I hear...."

You seemed to think it was accurate, otherwise why post it?

 

[Odds]

Sorry, I meant my understanding might be way out of date, not your figures.

It's no good pointing out foreign investment in Eire to say it inflates their economy - the UK has all kinds of investment from abroad, as many other countrys do.

 

[Odds]

Interesting. I always thought the (9-county) Ulster was one of the old Irish provinces, along with Leinster, Munster and Connaught. Maybe even before the English interfered. I believe nowadays most people use Northern Ireland and Ulster (6 counties) interchangeably.
But you're nearer to it than me!

Ignore him - Ukraine was gifted Crimea from a grateful Soviet Union after WWII in recognition of their sacrifice.

 

[JonathanM]

It's no good pointing out foreign investment in Eire to say it inflates their economy - the UK has all kinds of investment from abroad, as many other countrys do.

I'm not talking about traditional foreign investment. I'm talking about companies who have their global HQ in Ireland, employing maybe a hundred staff. But they book all of their sales from Europe, or even their entire global sales, as Irish GDP. This massively distorts Irish GDP, but it is not reflected in Ireland's actual wealth. That was my understanding of it anyway!

 

[Odds]

I'm not talking about traditional foreign investment. I'm talking about companies who have their global HQ in Ireland, employing maybe a hundred staff. But they book all of their sales from Europe, or even their entire global sales, as Irish GDP. This massively distorts Irish GDP, but it is not reflected in Ireland's actual wealth. That was my understanding of it anyway!

Amazon, Hitachi, Starbucks are among many who've moved to London since 2014. Ask Vinty about the fillum industry in Norn Iron and the tax breaks they get, or shows such as Game of Thrones who fillumed many scenes there.

 

[JonathanM]

Amazon, Hitachi, Starbucks are among many who've moved to London since 2014. Ask Vinty about the fillum industry in Norn Iron and the tax breaks they get, or shows such as Game of Thrones who fillumed many scenes there.

I think the issue is that in Ireland the effect is proportionally much greater. I've just found this.

State statisticians, embarrassed by the “leprechaun economics” label, since 2016 have developed a new bespoke index for stripping out the multinationals’ overpowering influence in calculations. Called “GNI Star” and written as GNI*, it shows that Ireland’s underlying economic activity is about 40 percent lower than the headline GDP figures.

“Ireland is not even in the top quarter of EU countries when the comparison is made in this way,” Honohan wrote.

He argues that traditional GDP also fails to account for Ireland’s unusually high cost of living, which is 25 percent higher than EU norms.

When factoring in Irish households’ relatively weak purchasing power in their expensive economy, he finds that Ireland’s true per capita wealth — as measured by an internationally used index called Actual Individual Consumption — falls to only 95 percent of the EU average.

Employing GNI* and adjusting for higher Irish prices, Honohan finds that Ireland comes only 12th in EU prosperity. Its economic activity per head of population falls behind the U.K., the Nordics, Austria, Belgium, France, Germany, Italy, the Netherlands and — as always — Luxembourg.

Multinationals make Ireland’s GDP growth ‘clearly misleading’

Ex-Central Bank chief: In real world, Irish nowhere near top of EU wealth table.

www.politico.eu

 

[JonathanM]

The flip side seems to be that Ireland has a budget surplus.

Irish government predicts budget surplus of more than €8bn

It is the third year in a row that Ireland will have brought in more in taxes than it spends.

www.bbc.co.uk

 

[Vinty]

Six of the nine counties of Ulster.




For Vinty's benefit, Ulster was/ is a province, a historical one at that.
It's made up of 9 counties. 6 in NI, and 3 in Ireland.

Ulster - Wikipedia

en.wikipedia.org

Of course Vinty is allowed to disagree with facts. He often does.

The 9 county Ulster was an artificial creation for administrative purposes, it wasn't a Kindgom.



The original Kingdom was around 1000 years old.
'Ulidia'The name 'Ulidia' is Latin for 'Uladh' which was the ancient title of Ulster from the 5th until 14th century. It comprised at that time the area which is now encompassed by the Counties of Antrim and Down with part of County Londonderry and Louth.