Estimating Monetary Benefit of European membership for Eire

[hibernia_free]

Hello everyone,

I think it'd be helpful to get some numbers on how much Ireland has actually benefited from EU membership. I did some preliminary research online and found that Ireland received 17B Euros in infrastructure funds since 1973. Under CAP the Irish farming industry received approx. 1B Euros in 2006. Since 1973 that'd be a total of *35B Euros (*Note: my projection).

Does anyone on this forum have access to these numbers? I'd like to contrast the benefit
of EU membership vs. the benefit of having a low corporate tax rate (which is threatened under Article 113 of the Lisbon Treaty) that has brought in billions in FDI (foreign direct investment).

Thanks in advance,

Hibernia Free.

[Catalpa]

Hello everyone,

I think it'd be helpful to get some numbers on how much Ireland has actually benefited from EU membership. I did some preliminary research online and found that Ireland received 17B Euros in infrastructure funds since 1973. Under CAP the Irish farming industry received approx. 1B Euros in 2006. Since 1973 that'd be a total of *35B Euros (*Note: my projection).

Does anyone on this forum have access to these numbers? I'd like to contrast the benefit
of EU membership vs. the benefit of having a low corporate tax rate (which is threatened under Article 113 of the Lisbon Treaty) that has brought in billions in FDI (foreign direct investment).

Thanks in advance,

Hibernia Free.

If it helps fill out your spreadsheet I got none of it...

[hibernia_free]

I will make a note of it!

[seabhcan]

Hello everyone,

I think it'd be helpful to get some numbers on how much Ireland has actually benefited from EU membership. I did some preliminary research online and found that Ireland received 17B Euros in infrastructure funds since 1973. Under CAP the Irish farming industry received approx. 1B Euros in 2006. Since 1973 that'd be a total of *35B Euros (*Note: my projection).

Does anyone on this forum have access to these numbers? I'd like to contrast the benefit
of EU membership vs. the benefit of having a low corporate tax rate (which is threatened under Article 113 of the Lisbon Treaty) that has brought in billions in FDI (foreign direct investment).

Thanks in advance,

Hibernia Free.

Low corporation tax wouldn't have helped without free access to the common market - and before your scream EFTA - Ireland's voice in the EU has been used to build a common market advantageous to Ireland.

The EU's contribution is unquantifiable.

[FutureTaoiseach]

If you take account of the loss of our fishing resource under the Common Fisheries Policy, estimated at a worth of 50 billion euro over the past 35 yrs, we may have actually lost in net terms. Remember for 20 yrs after membership we still had mass unemployment and emigration. We should remain in the EU while criticising its flaws.

[cactus flower]

I suppose you are talking about income and outgoings rather than impacts (do you have contributions to the EU in there somewhere), but one of the biggest impacts has been loss of control over the interest rate and currency - as we seem always to be out of sync with Germany, and the rates are set in line with its needs, we have and will continue to take a battering from this. DIscussions of the property crash seem to be ignoring this as a factor.

[seabhcan]

If you take account of the loss of our fishing resource under the Common Fisheries Policy, estimated at a worth of 50 billion euro over the past 35 yrs, we may have actually lost in net terms. Remember for 20 yrs after membership we still had mass unemployment and emigration. We should remain in the EU while criticising its flaws.

What a great country we would have had without the EU. One half of the country gutting fish and the other half cutting turf.

More likely, we would have ended up like some west african tin-pot country - too poor to afford modern fishing boats and forced to lease access to foreign boats with little benefit to ourselves.

And to whom would we sell this 50 billion worth of fish without the common market?

[myksav]

If you take account of the loss of our fishing resource under the Common Fisheries Policy, estimated at a worth of 50 billion euro over the past 35 yrs, we may have actually lost in net terms. Remember for 20 yrs after membership we still had mass unemployment and emigration. We should remain in the EU while criticising its flaws.

That is correct, 2 billion per annum. Adjusted to todays currency value. It works out at nearer to 60 billion.

[Bobert]

If you take account of the loss of our fishing resource under the Common Fisheries Policy, estimated at a worth of 50 billion euro over the past 35 yrs, we may have actually lost in net terms. Remember for 20 yrs after membership we still had mass unemployment and emigration. We should remain in the EU while criticising its flaws.

What a great country we would have had without the EU. One half of the country gutting fish and the other half cutting turf.

More likely, we would have ended up like some west african tin-pot country - too poor to afford modern fishing boats and forced to lease access to foreign boats with little benefit to ourselves.

And to whom would we sell this 50 billion worth of fish without the common market?

Our economy would have grown regardless of EU membership. Just with membership it grew faster.

[goosebump]

If you take account of the loss of our fishing resource under the Common Fisheries Policy, estimated at a worth of 50 billion euro over the past 35 yrs, we may have actually lost in net terms. Remember for 20 yrs after membership we still had mass unemployment and emigration. We should remain in the EU while criticising its flaws.

That is correct, 2 billion per annum. Adjusted to todays currency value. It works out at nearer to 60 billion.

How many modern, developed economies are based on the fishing industry?

Is there any depth of lunacy that the No side won't descend to?