Employers have issued a positive assessment of the way in which international businesses are viewing Ireland as an attractive location.
In a report entitled 'Ireland, a place to do business', IBEC calls on the Government to ensure that any changes to the tax system promote consumer confidence and encourage a return to more normal spending and saving patterns.
Detailing what it calls 'the major adjustments' that have taken place in the Irish economy over the past two years, this report says that as a result, Ireland is once again being viewed positively by foreign investors.
It says exports are being helped by improving international demand and the weakening of the euro. But the employers' body warns against what it calls a two-speed recovery, with a thriving export sector but sluggish domestic demand.
It says that the recent focus on increasing productivity and cutting costs has helped companies restore lost competitiveness, adding that the Government needs to build on this success.
IBEC wants a well-targeted public capital investment programme, and suggests that any changes to the tax system promote consumer confidence and encourage a return to more normal spending and saving patterns.
