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Ireland: A New Economic History 1780–1939$
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Cormac Gráda Ó

Print publication date: 1995

Print ISBN-13: 9780198205982

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198205982.001.0001

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The Economic Performance of the Two Irelands, 1921–1939: Issues and Evidence

The Economic Performance of the Two Irelands, 1921–1939: Issues and Evidence

Chapter:
(p.379) 15 The Economic Performance of the Two Irelands, 1921–1939: Issues and Evidence
Source:
Ireland: A New Economic History 1780–1939
Author(s):

Cormac Ó Gráda

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198205982.003.0015

This chapter looks at the economic performance of Northern Ireland and Southern Ireland from 1921 to 1939. Joel Mokyr's revised estimate of Irish national income in the early 1840s (about 80 million pounds) and L. M. Cullen's of gross national product on the eve of World War I (150 million pounds) imply that Irish income per head rose from about two-fifths to over three-fifths that of Great Britain between those dates. The implied trebling in Irish purchasing power seems impressive enough, even if much of it was achieved at the expense of a decline in population. The northern advantage over the south on the eve of peasant proprietorship was a mirage and the switch in tenurial regimes coincided with a relative improvement in the efficiency of northern agriculture. Agricultural output per worker was slightly higher in the South in both 1912 and 1926. This chapter also discusses the fiscal policy of Northern and Southern Ireland under new leaders and compares their industries, industrial employment, industrial policies, and industrial production.

Keywords:   Northern Ireland, Southern Ireland, national income, agriculture, agricultural output, fiscal policy, industries, employment, industrial production, economic performance

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