Activity: Talk or presentation types › Oral presentation
Northern Ireland is the first example of UK devolution, yet despite this apparent benefit, its economic performance continued to lag the rest of the UK between 1920 and 1972. By constructing an analytic narrative, which combines theory from fiscal federalism with new archival material and data, it demonstrates institutional structure affected the economic efficiency of fiscal decentralisation. Westminster was primarily concerned with limiting the moral hazard posed by Stormont, leading to conditions being imposed on fiscal transfers, which restricted the growth of public expenditure. This affected the level and composition of subnational public goods and services, with significant implications for Northern Ireland’s long-run economic performance.
18 May 2021
Royal Economic Society Symposium of Junior Researchers 2021