Thursday, May 30, 2013

30/5/2013: Irish Competitiveness Improves in 2013... but

IMD released its World Competitiveness Rankings yesterday (see link here: http://www.imd.org/news/World-Competitiveness-2013.cfm) and the results summary is:


Good news: Ireland's rank improved from 20th in 2012 to 17th in 2013 (we swapped places with Finland). Bad news: Ireland's ranking remains vastly below the 10th place back in 1997.

Here's the link to comparatives for Worst Ranking to Best Ranking by year: http://www.imd.org/uupload/imd.website/wcc/Perspective1997-2013.pdf

And here's 5 years data for Ireland:



As always, methodology is a 'black box', largely and GDP-based, which means it most likely overstates the true extent of Ireland's competitiveness.

No comments: