7/9/2012: Ireland is not exactly shining in Global Competitiveness terms

Spot that Highly Competitive economy called Ireland?

Yep, that's right:

• Ireland ranks 27th in the Global Competitiveness Index 2012-2013 a great improvement in rankings from 29th place in 2011-2012 won by the massive internal devaluation on the sacrificial fields of defending the overvalued euro.
• Ireland rnaked 35th in Basic Requirements sub-index, 25th in Efficiency Enhancers sub-index and 20th in Innovation and Sophistication Factors sub-index
• Ireland ranks 131st in the world in Macroeconomic Environment,
• 108th in the world in Financial Markets Development,
• 20th in the world in quality of higher education and training,
• 18th in the world in business sophistication, and
• 21st in business innovation.

All results are, of course, skewed positively by the MNCs operating here.