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Ireland as a Base for European Business
Other Factors that Make Ireland an Ideal Base for European BusinessAccording to the 'IMD World Competitiveness Year Book' Ireland has many higher than average benefits that include above average spend on higher education in Europe and more flexible and adaptable workforce when faced with new challenges. The IMD is a leading global business school located in Switzerland. Pro-business environmentThe 2008-2012 Business Environment ranking of the Economist Intelligent Unit placed Ireland 11th globally out of 82 countries, naming it as one of the most attractive business locations in the world. The Economist Intelligence Unit Ireland has and continues to offer many benefits such as stable political country, credible regulatory regime, young educated workforce, committed member of eurozone & an English speaking workforce with a ready supply of foreign language skills. Ireland's high cost base built up over the 'Celtic Tiger' years has reduced dramatically as it has become apparent that we have to work harder to become globally competitive again. Widescale redundancies and salary cuts have become commonplace during the past 12 -18 months as business owners find ways of facing the dramatic fall in turnover. This presents growth opportunities for foreign business at a time when salaries are at a periodic low. | |
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