Instad of balanced regional development, which suggests spreading economic development over one region equally, the regions should be treated as separate parts of a whole like we do for Tourism(even though that is a totally naff strategy for tourism)
Connacht must focus its economy onto where it can derive a comparitve advantage. Galway, Knock, Athlone and Sligo should be the areas focused on as the economic dynamos of the region.
Connacht is not the only disadvantaged area in Ireland. My own county of Wexford was the 6th poorest county in Ireland the last time I checked, despite many natural advantages



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