Thursday, May 31, 2012

Ireland's Jump in World Competitive Rankings

Fine Gael Meath East TD, Regina Doherty, today welcomed the results of the annual world competitiveness rankings produced by Swiss business school IMD.

“This survey reveals that Ireland continues to improve its competition rankings, jumping from 53rd in 2008, to 20th in 2012, a remarkable achievement.

“Ireland was ranked first in the world in the category of availability of skilled labour. We are also ranked first for flexibility and adaptability of workforce. In addition, the country is top for "investment incentives" something which one imagines will be scrutinised very closely by some of our EU peers.

“The survey’s encouraging results show that Ireland is moving towards meeting the Taoiseach’s target that by 2016 Ireland will be the best small country in the world in which to do business, and the Government has started to implement our plan to deliver on this.

“With the Action Plan for Jobs, the Government are implementing a raft of changes to reduce costs to business, improve access to finance and encourage greater innovation and in the coming months Minister Bruton will be developing a list of areas in which Ireland’s performance is lagging internationally and a plan to address this.

“Today’s results show that there has been a noticeable improvement since 2011, and the Government will to deliver real reform across the economy, improving our competitiveness and ensuring that we can get jobs and growth back into the economy again”.

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