Investment in Northern Ireland Capital formation in Northern Ireland Regional economic development
Issue Date:
1959
Publisher:
Statistical and Social Inquiry Society of Ireland
Citation:
Bell, R. 'Investment in Northern Ireland'. - Dublin: Journal of the Statistical and Social Inquiry Society of Ireland,Vol. XX, Part II, 1958/1959, pp22-29
Series/Report no.:
Journal of The Statistical and Social Inquiry Society of Ireland Vol. XX, Part II, 1958/1959
Abstract:
It is generally accepted that Northern Ireland suffers from underinvestment and a consideration of the figures relating to the amount of capital invested in companies both public and private in Northern Ireland and Great Britain shows that Northern Ireland is by comparison short of capital. Its population is roughly 2.5 per cent of the population in Great Britain but the amount of capital invested in companies registered in Northern Ireland (over
£79,000,000) is only 1.15 per cent, of that invested in a similar manner in Great Britain (over £6,000,000,000) that is to say there is less than half the amount of capital so invested in this
country per head of the population compared with that so invested in Great Britain. It is therefore necessary that the British investor should be induced as far as possible to invest his money in this country and the local capitalist induced to retain his money here rather than seek an outlet for it abroad.
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