04/09/2014

Ireland Rises In Global Competitiveness

Ireland has risen three places in the latest World Economic Forum Global Competitive Index to 25th, its best ranking since 2009, the Department of Jobs, Enterprise and Innovation has announced.

The Global Competitiveness Report was launched in 1979 by Klaus Schwab, Founder and Executive Chairman of the World Economic Forum.

Speaking from Australia, where he is leading a joint Enterprise Ireland/IDA Ireland trade mission along with 32 Irish companies, Jobs Minister Richard Bruton said: "Improving our competitiveness is a key part of the Government’s Action Plan for Jobs. By making it easier for Irish companies to do business in world markets, and more attractive for multinational companies to locate operations here, we can make a real difference to the level of job-creation. That is why we have made difficult decisions over the past three years in order to allow us avoid increases in labour taxes, why we have reformed the wage-setting mechanisms to make them fairer and more responsive to changing circumstances, as well as a range of other measures to improve our competitiveness."

(IT/CD)

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