Northern Ireland: regional policy and economic development

Article Abstract:

Northern Ireland has a number of economic characteristics which show it to be a depressed region. Per capita income in Northern Ireland is the lowest in the UK, for example, and there is a very high level of unemployment, particularly long-term unemployment. However, Northern Ireland is now seeing net immigration, after many years of losing large numbers of young people. Furthermore, there has been a rise in inward investment in certain sectors. Improving Northern Ireland's economy would significantly boost the economy of the UK as a whole.

Economic development, Northern Ireland, Regional economics

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Government economic policy; rebuilding the housing market

Article Abstract:

The UK has seen a marked drop in its housing market since 1988. In 1988 more than two million house sales were made, in 1992 it was one million. The prices achieved by these sales have fallen. Some people have homes which are worth less than the mortgage they took out to buy them initially. Problems experienced in the property market adversely affect the entire economy. It has been suggested that the government could do more to improve the situation. A return to full employment would benefit home ownership and movement of property.

Real estate, Real property

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The new economic paradigm

Article Abstract:

The US economy has shown low inflation, a drop in unemployment, and high growth, and this is unusual, so there is a debate as to why it has occurred and how long it can last. Some economists argue that the economy has undergine a fundamental change, while others argue that the factors that have led to this combination have been unusual. They fear that inflation may rise, and that too much weight can be given to new technology compared with technological change in the past. They also dispute productivity data.

Prices, Gross Domestic Product, Unemployment, Inflation (Finance), Inflation (Economics)

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