Making the Case for Dublin Relocation

The transcript discusses Dublin's potential as a business hub post-Brexit, highlighting interest from financial institutions considering relocation. It covers the impact of Brexit on financial services, Ireland's advantages such as language and legal system, and challenges like taxation. The discussion also touches on EU relations, the common travel area, and the need for transitional arrangements to ensure financial stability. Additionally, there's a brief update on India's revised budget deficit goal.

Why is Dublin considered a natural choice for businesses relocating from the UK?

• Due to its larger population compared to other EU cities

• Because of its proximity to London

• Due to its English-speaking environment and common law jurisdiction

• Because it offers lower corporate taxes than any other EU country

What role does the Central Bank play in the relocation of financial services to Ireland?

• It offers tax breaks to relocating companies

• It regulates the businesses that choose to relocate

• It acts as a mediator between companies and the government

• It provides financial incentives for relocation

What change did India make to its budget deficit goal for 2018?

• Eliminated the deficit goal entirely

• Reduced it to 2.8%

• Increased it to 3.2%

• Maintained it at 3%

What additional resources can the Central Bank draw upon if needed?

• Assistance from the United Nations

• Loans from the World Bank

• Support from the European Central Bank in Frankfurt

• Funds from the International Monetary Fund

What factors are considered important for businesses when relocating to Dublin?

• The number of available office spaces

• Only the corporate tax rate

• International schooling and quality of life

• The size of the city

What is the significance of the common travel area between Northern Ireland and the Republic of Ireland?

• It ensures the continuation of the peace process

• It allows for free trade between the two regions

• It increases tourism between the two regions

• It provides tax benefits for businesses

What is a potential risk if there is no transitional arrangement in place for Brexit?

• A rise in unemployment rates

• An increase in corporate taxes

• A decrease in tourism

• A cliff edge scenario affecting financial stability