Doyle: Increasing cost-competitiveness isn't enough

dahamsta

ENN

Ireland needs to increase its productivity rather than simply its cost-competitiveness, according to telecoms regulator Etain Doyle. Speaking at a business breakfast hosted by the Cork Chamber of Commerce on Thursday, Doyle said that in an investment-driven economy, the emphasis should be moved away from cheap labour and capital toward investment in efficient infrastructure and business-friendly government administration. She stressed the need for strong incentives for the private sector to invest in productivity-enhancing technologies and processes. "If we are to compete with knowledge-based economies such as Korea and Singapore, it is essential that efficiency in producing products and services becomes the dominant source of our competitive advantage," she added.

That's right Etain, shine the light away from your inadequacies. Maybe you should concentrate on the areas you're supposed to be working on improving, instead of lecturing business on topics that are absolutely none of your business. But you can't, can you? Because you're weak and ineffectual, and you need to draw attention away from the hoorendous* damage you've caused, and continue to cause to our economy. Gods protect us from your new toy, that's all I can say.

adam

*This was actually a typo, but I think I'll leave it in. Poetic justice.

ednwireland

has doyle ever been to singapore the place is run by a benign dictator. all the building is done by bangladeshi's who live in ship containers - is this what doyle wants. singapore is just a friendly place for foreign companies to base for SE asia. and VAT is 2.5% in singapore how about that
Don't know much about korea apart from friends who hated working with korean companies
not sure ireland should use most of that as a basis (apart from the net access anyway.

El_MUERkO

Hit her again dahamsta!!!