We have now only begun a new journey as we set out to work with an inclusive system of government in Northern Ireland. Devolved government there, reflecting the special needs of a divided society, will be conducted on a partnership basis. A prosperous and violence-free Ireland, where people can work together on everyday economic and social issues, notwithstanding deep-seated and unresolved political differences, represents a huge advance.
It is difficult to think of any other development which is more vital to our country's future than stable and permanent peace. Irish Governments have been involved in the peace process from the beginning, in preparing the ground for the two IRA ceasefires and in the negotiation and implementation of the Good Friday Agreement, working with other parties, North and South, and the British and US Governments. Since the 1920s, we have collectively been the standard bearers of the values and principles of constitutional republicanism and we have been proved correct in our shared conviction all along that force would never solve the problems of a divided society or country, or substitute for agreement.
The Good Friday accord provides a magnificent opportunity for a new beginning in democratic politics in Northern Ireland, backed by a strong public mandate. No tolerance will be shown for any group which seeks violently to challenge or overturn the will of the people.
We can look forward to real co-operation and common action across many areas in the North-South Ministerial Council, which met in Armagh for the first time on Monday, and in the implementation bodies. We wish efforts to create an inclusive prosperity in Northern Ireland every success. We look forward to working with the Unionist tradition, which we respect, and to fruitful interaction with devolved regions of the UK, such as Scotland and Wales, in the British-Irish Council, whose first meeting takes place in London tomorrow.
The nation is changing rapidly. The population is growing fast and will probably reach four million within the next ten years. It is not beyond the bounds of possibility that by the middle of the 21st century the population on the island will recover to close to pre-famine levels.
The buoyant state of the economy is not merely leading towards full employment but to the attraction of both EU and non-EU nationals to work in Ireland to fill some of the many vacancies that now exist. We need to deal with the problem of refugees and immigrants in an organised, structured and humane way. The Ireland of the future will not just be a pluralist but a multi-racial society, with our inherited political and cultural traditions being enriched and diversified from outside.
The buoyant state of the economy gives us the resources to tackle long-standing as well as newer problems. For several years, Ireland has been at the top of every OECD growth chart. Annual exports, which ten years ago amounted to some £15 billion, are now close to £50 billion in circumstances of modest inflation. The numbers of long-term unemployed have fallen from 138,000 more than 11 years ago to 38,000 today and that is with a rising population every year through the 1990s. Social partnership, the political achievement of which my party is exceptionally proud, has underpinned our success and means that we can tackle problems together coherently and effectively. I am confident that we can renew it because of overall improvements in the quality of life and the social wage that everyone can gain out of it.
The national development plan sees development spreading out from all of our cities and a number of important regional towns. We will tackle remaining employment blackspots and areas of deprivation, both urban and rural. We will improve transport and communications across the country. We are committed to maintaining a viable family farm structure combined, where necessary, with other livelihoods.
We can be proud that we are able now to fund a major national development plan without recourse to borrowing. We no longer have to mortgage the future. On the contrary, we are able to set money aside to cover part of our future pension liabilities, so that the problem other European countries call the pensions time-bomb can, in our case, be defused.
We want a competitive tax system that will fund the public services we need, but that encourages both individuals and enterprises to work hard and invest. That Ireland is now one of the best centres in which to do business is not empty rhetoric, but proved by every conceivable indicator. No other country has followed such a coherent corporate tax policy. This Government has followed a steady and consistent policy of lowering the tax burden substantially each year to reward workers and underpin wage moderation. We are committed to greater fairness in the tax system, as well as taking the low-paid out of the net.
We must have a caring society as well as a prosperous one. We are improving and expanding educational opportunity and facilities. We are investing heavily in health care. Our housing production is running at 50,000 a year, way beyond any previous peaks, and we are determined to maintain a high supply in order to slow down the price increases which would put affordable housing beyond reach. Social welfare payments are being reoriented towards earnings increases and we are trying to improve the income levels of pensioners, while encouraging people to provide for their retirement.
Our social philosophy is to improve steadily the general standard of living and quality of life for all our citizens, with special regard for the excluded. While we have a great deal still to do, employment opportunities, housing conditions, health care and educational standards have all been raised enormously. The agenda for the future also includes the eradication of homelessness, the housing of travellers and improvement of their life chances and life expectancy, the reduction of hospital waiting lists, improving community services for child care, the elderly, and more facilities for the handicapped.
This is a very exciting period. We are making substantial progress on all fronts. We are developing our own economic and social model, which seeks to combine the virtues of a dynamic enterprise society with the virtues of social solidarity. I pay a special tribute to the National Millennium Committee, to its Chairman, the Minister of State, Deputy Séamus Brennan, and all its members who have given so much of their time over the past year. They have devised a comprehensive and exciting programme. They have selected hundreds of projects all over the country with money going to almost every parish and community. The committee's five flagship projects are the people's millennium forests, the last light ceremony on the final day of this millennium, the children's hour, the presentation of the Battle of the Boyne site, and the restoration of lightkeeper's houses. There are many other worthwhile social, cultural and environmental projects, and in particular, projects with special Christian themes. Through its awards initiatives, the committee has reached out to every corner of the country to make the millennium relevant to the lives of the people. I thank the committee members for the work they have done and will continue to do throughout next year.
The Ireland of the 21st century will be an Ireland of cultural opportunities. For years now we have been able to fund more ambitious arts development plans. The next major project will be the setting up of the Irish Academy of the Performing Arts. Our commitment to the Irish language will be maintained and developed. World standard sport facilities are also on our agenda, while providing facilities in each area that make sport accessible to all.
We are blessed with a remarkably beautiful and attractive country. Much investment will be needed in maintaining and improving environmental quality, with the farming as well as the industrial sector having a particular role to play in that, as well as each individual and family exercising personal responsibility. Increasingly, in recent years Ireland has sought to place itself at the cutting edge of technology, with plants from Silicon Valley to be found in the Liffey valley and elsewhere. We have mustered substantial new resources for third level research and technology and helped to provide the infrastructure and training necessary to develop the information society. We have put ourselves on the international financial services map in a major and distinctive way also. The Government has decided to establish a European branch of the world renowned Massachusetts Institute of Technology Media Lab in Dublin, which will place Ireland at the leading edge of global Internet and e-commerce applications. We can make ourselves one of the most prosperous countries in Europe. Those who live and work here can enjoy both high living standards and a high quality of life, provided we plan our strategy carefully and give workers a real stake in the workplace.
The Irish success story, including the peace process, gives us a new international audience and helps win access to new markets. Being the only English speaking country to belong to the single currency has already brought risk-free trading from the point of view of currency fluctuations within the zone and we remain exceptionally competitive with the UK. There will be even bigger advantages when the currency comes into circulation, from both a trading and tourist point of view, from 2002.
We will continue to be an active and responsible partner in the European Union and will work constructively with all our neighbours, in keeping with our best independent foreign policy traditions. Our development aid contribution is rising along with our wealth, and that should be an active dimension of our foreign policy, extending to new parts of the world. We will continue to support the campaign to reduce the burden of debt relief on poorer countries and to encourage voluntary assistance.
In the 20th century, Ireland was put back on the map as a country in its own right. It has been, in many ways, a long, hard journey to where we are today. The opportunity facing us now is, in a relatively short space of time, to go out in front, setting no limits to the onward march of a nation while catching up in areas where we are still behind.
President John F. Kennedy addressed the Oireachtas 36 years ago. In his final remarks on 28 June 1963, he made an appeal to the House thus:
Great powers have their responsibilities and their burdens, but the smaller nations must fulfil their obligations as well ... My friends, Ireland's hour has come. You have something to give to the world, and that is a future of peace with freedom.
A Cheann Comhairle, you are the only serving Member of these Houses to have heard those prophetic words in person. President Kennedy's remarks ring truer with each passing day. His words echo with great faith in the Irish people, in our destiny to be a nation which plays its full and active part in international political and economic affairs.
I wish you, a Cheann Comhairle, the Leas-Cheann Comhairle, your staff, the staff of the Houses, the political staff, journalists, the gardaí and all those who work with us during the year, my colleagues in Government, particularly the Tánaiste—