Tuesday, May 31, 2011

Encouraging Emigration could help solve Ireland Unemployment Problem

Since the economic crisis Ireland has suffered a massive increase in unemployment.
Forecasters have predicted there will be further 20,000-30,000 job losses in the coming year. With the numbers at work in the economy down by 15 per cent so far in the crisis, Ireland has suffered the worst employment shock of any OECD country, a point made in these pages on a number of occasions.

With the current state of the Irish economy, Ireland can ill afford this increase in social welfare. One of the measures that could be considered is to encourage irish people to emigrate.

the irish charactertistic of emigration has being well established. According to Economist Joe Durkan suggested Ireland could accelerate outward migration, thus containing the rise in unemployment. According to Irish Times economist colunmist it may be worth considering for state agencies is to ensure 'that those who are considering a move are incentivised to do so. This would be good for everyone: it would help those who want to move to do so, and it would cut the massive welfare bill of a bust country'.

This policy would greatly enhance the irish economy. In fact the Spainish governemnt introduced these policies earlier in the recession.

No comments:

Post a Comment