American Business bible, Forbes magazine has named Ireland as the best country in the world for business in its latest annual rankings, the first time Ireland has topped the list since it began in 2006.
Coming as it does three years after the country lost its sovereignty to a troika bail out and a ten days before the bailout finally ends, headlines like this will do wonders for the Government’s press profile and international standing. But how true is it?
Less than a fortnight before a threatened ESB strike and 24 hours after more bad news on the jobs front from Pfizer in Kildare. Is Ireland really the best place in the world to do business? And if so, why is unemployment, a lack of bank lending and poverty remain endemic?
Joining Sean were Fergus O’Dowd, Minister for State with Responsibility for the NewEra Project and Richard Boyd Barrett, People before Profit and Mark Fielding, Chief Executive of ISME.