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The Socio-Economic Impact Of The IFSC On The Local Community.

Harding, Leon John (2002) The Socio-Economic Impact Of The IFSC On The Local Community. Undergraduate thesis, Dublin, National College of Ireland.

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Abstract

The IFSC development on the north side of Dublin's docklands epitomizes for many the New Ireland of today. It symbolises the wealth and affluence of the New Ireland. And shows the world just how far our nation has come from the days of poverty and deprivation. There is a statue on the dockside depicting starving famine victims staring out to sea: this symbolises the old. The brash, modern office blocks behind are a contrast, and people proudly exclaim just how much, not just the Irish economy has changed, but also how far we have come as a society. The IFSC is their proof of this change. However, behind the nice buildings and secured areas of the FSC lies a community. This is a community, which is not new and not very wealthy, but has been there throughout the area's history. A community which is rooted deeply in the area, and has had to fight for its very existence. The people of the North wall community had for many years earned their living by working in the nearby docks, loading and unloading the ships; hard, low paid, low skilled work. That work disappeared fiom the 1960's as containerisation meant that one man and a crane now did the work of twenty labourers. The people were left jobless, with skills that were obsolete. There followed thirty years of decline and poverty for this community, however, the community was strong and united, there was a sense of community spirit so strong that it is almost difficult to explain, although attempt I will.

As the economic decline of the area progressed, social problems took hold; crime, vandalism and drug abuse were rampant by the 1980's. This community had been left to fend for itself.

It was in 1987, that the government of Charles Haughey announced the creation of a 27-acre financial services centre in this area. Why a financial services centre they asked, what impact will it have? Will the local community be part of it? Will our community survive? This work seeks to learn the background to this development, how the local community fitted into the development, and most importantly to assess what impact this development has had on the local community both economically and socially.

For development should not be simply bricks, mortar and profit margins, it should also be about the sustaining and development of communities, This dissertation seeks to find out whether or not this has happened at the same time as the commercial development in the docklands of our capital. For if we do both, and develop everything in a truly integrated way, there will be a legacy that we can all indeed be truly proud of.

Item Type: Thesis (Undergraduate)
Subjects: H Social Sciences > HT Communities. Classes. Races > Urban Sociology > Urban Renewal
D History General and Old World > DA Great Britain > Ireland > Dublin
H Social Sciences > HG Finance > Financial Services
H Social Sciences > HN Social history and conditions. Social problems. Social reform > Community Development
Divisions: School of Business > BA (Honours) in European Business and Languages
Depositing User: SINEAD CORCORAN
Date Deposited: 18 Jun 2010 14:34
Last Modified: 26 Nov 2014 17:34
URI: http://trap.ncirl.ie/id/eprint/292

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