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TWICE THE SIZE - DIT Update - Dublin Institute of Technology

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3.3 Potential<br />

“The full extent <strong>of</strong> Ireland’s potential is massive, particularly given the size <strong>of</strong> Diaspora and <strong>of</strong><br />

current world migration flows. As far as Ireland is concerned, we are at the end <strong>of</strong> the<br />

beginning, not the beginning <strong>of</strong> the end.” (Coleman, 2007:4)<br />

Ireland’s potential for the future may be considered from multiple perspectives. Marc Coleman,<br />

in his newest book The Best is Yet to Come (2007), argues that Ireland’s comparatively low<br />

population density (Fig. 11) means that Ireland is rich in a resource that is becoming scarce<br />

elsewhere – habitable land located in a part <strong>of</strong> world where prosperity, the rule <strong>of</strong> law and free<br />

and fair government are strong. This combined with the supply-push pressures being the<br />

consequences <strong>of</strong> the high rate <strong>of</strong> the global population growth, means that Irish population will<br />

continue to grow in the future.<br />

Figure 11: What if Ireland was as Densely Populated as …? (Coleman, 2007)<br />

The NCB economists, Eunan King and Dermot O’Brien, came up with the idea <strong>of</strong> the<br />

demographic dividend – as Ireland’s population rises, demand for a wide range <strong>of</strong> goods and<br />

services also rises, which in turn increases economic output (NCB, 2006). The recent increase in<br />

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