Restoring international competitiveness

World Economic Forum Global Competitiveness Rankings – 2000

  1. United States
  2. Singapore
  3. Luxembourg
  4. Netherlands
  5. Ireland

World Economic Forum Global Competitiveness Rankings – 2009

  1. Switzerland
  2. United States
  3. Singapore
  4. Sweden
  5. Denmark

….

25. Ireland

What happened in the interim? Export growth stalled, and our competitiveness declined as we succumbed to the lure of cheap credit and expensive property. Do you think this is an issue for a country dependent on FDI?

What can be done to restore Irish international competitiveness?