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ANALYSIS: Sweet music, the economics of Belfast’s biggest-ever edition of Fleadh Cheoil na hÉireann
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Eoghan Corry's TRAVEL Extra
Direct economic impact arises from the initial round of spending by visitors, organisers and participants on local goods and services.
Indirect economic impact follows as local businesses purchase the goods and services required to meet that demand.
Increased spendInduced economic impact appears when households that earn wages from the event increase their own spending.
In a city that has experienced decades of division, the shared language of traditional music has offered a common ground.
At the same time the concentration of activity has generated a sense of collective participation that extends beyond those who identify primarily as traditional music enthusiasts.