Donegal TD Pádraig Mac Lochlainn insists actual cost is less than headline figure in IIEA study
The report is authored by the Economic and Social Research Institute’s John FitzGerald of Trinity College Dublin, and Dublin City University academic Prof Edgar Morgenroth.
Funding this which would require an increase in taxation of around 25 per cent and a significant reduction in expenditure, the report says. Mr MacLochlainn pointed to reports from Prof Kurt Huebner, who worked on German reunification and looked at the model that they used and how that would apply to Ireland. “He forecast €35 billion of growth over eight years. You have people like David McWilliams who’ve talked about how we could manage this.”
“I am very open to that as an Irish republican, that the unionist population on the island would continue to have some type of relationship with Britain,” he said. “You have to assume that Britain will have and indeed would step up to take financial responsibility, moving forward. So I think this report is the worst case scenario.”
Mr Morgenroth said: “absolutely productivity could rise in Northern Ireland but... the evidence is that regions that lag in productivity tend not to actually catch-up with the richer regions.” Pensions have been paid for by people’s national security contributions in the North,” he said, adding that the British government “would owe pensions to people who have paid contributions until unity”.
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