Call for lower taxes and more business courses in universities to foster employment in Ireland
The long tradition of emigration from Ireland continues as graduates leave for Britain and the USA. According to a research paper published today titled 'The Irish Brain Drain', sixty per cent of graduates in Ireland will emigrate. Author of the report Professor Richard Lynn, Economic and Social Research Institute (ESRI), sets out the principal reasons for this trend. Lack of available jobs and low pay are the two key variables at play. Despite the exodus of graduates to the benefit of Britain and the USA, Richard Lynn believes that there should be continued investment in third level education in Ireland.
We are losing our intelligent young people who could otherwise be working in this country.
Richard Lynn has suggestions as to redress the brain drain. He points to high levels of taxation which act as a disincentive for graduates to seek employment in Ireland. He also suggests that university courses in Ireland could be more business oriented thereby encouraging graduates to set up their own enterprises and generate employment and wealth for the Irish economy.
An RTÉ News report broadcast on 13 December 1968. The reporter is John Howard.
