Re: Social/Economic Ireland in 20 years?
Some very interesting ideas about where we're going expressed so far.
When I put my pessimistic hat on, the following spring to light:
- Moves towards tax harmonisation in the EU (possibly tied up into an effort to address VAT fraud) - at the considerable expense of people employed in our fleet footed multinational sector.
- At the same time tax takes will be under pressure due to continued give-away (election-purchasing) budgets - leading to continued underfunding of current and capital expenditure and the associated infrastructure deficits.
- The ever increasing 'hollowing out' of our economic profile, with manufacturing and agriculture dwindling away to almost nothing at the expense of 'services' and tourism - both very vulnerable to external shocks.
- Chronic underfunding of R&D, in the Third Level sector as well as in indigenous and foreign firms, will lead to continued slipping down the value-chain for what little manufacturing remains.
- The lack of a co-ordinated energy policy, allied to the increased demands on energy caused by climate change and simple demographics will see nuclear energy firmly in the agenda. Renewable energy will be playing a much larger role but due to it's nature it will be insufficient. Our fines under the Kyoto Protocol should be kicking in during the timeframe too.
- Central Government and Local Authorities will be unable to properly service the unsustainably developed semi-rural sludge that has surrounded our major cities. A fundamental re-think about how we fund and organise our local services will be needed. Expect major political bun-fights over resources, services and local taxation. Of course the politicians time would be better spent on pressing national matters, but all politics is local.
- I would agree with David McWilliams that there will be increasing tension between elements of our increasingly multi-ethnic society, particularly among the economically disadvantaged. Along with unemployment of 8-10%, this will see poorly developed and under-resourced parts of our cities becoming no-go zones once again.
- I think there will be a recognition that the Celtic Tiger days were the boom years, not just for the generation that are retiring in 2026, but for the following two to three generations who will have to live with (and in) their legacy. There will be no Tigers spotted again in Ireland in living memory.
I seem to have mislaid my optimistic hat...