While the Northern Ireland economy has suffered immensely in the past, there is a great chance of its recovery based on the help of European Cooperation Programs. In the past, farmlands have been in slow decline as more farmers seek the employment they need to sustain their home and families in other types of employment. As the economic impact of farmlands have declined, so to have the quality of life for area residents.
European Cooperative programs can have a positive impact on the area by using outside resources to bolster economic development. Quality of life can be improved as the business of farming is brought back through programs that provide competition and clarification for the roles of farmers who live in the area.
The disadvantages of the cooperative programs lie in the fact that they require outside sources to fund and bolster the economy in the area. If the outside sources were to be taken away, there is a good chance that the economy of the area will find itself in yet another decline. However, if steps are taken to make sure the economy can be self sustaining once the programs are complete, this negative impact does not have to happen.
European programs have had a great benefit for the Northern Ireland rural economy with very little disadvantage. As the programs reach a conclusion in the future, the hope is that the economy in the area will be self sustaining and beneficial.