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Ireland Most Open Economy in Western World - Wall St Journal

This is a discussion on Ireland Most Open Economy in Western World - Wall St Journal within the Current Affairs forums, part of the General Discussion category on Politics.ie. It has been reported that Ireland has been ranked as the third most-open economy in the world in the Wall ...

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Old 4th January 2006
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Default Ireland Most Open Economy in Western World - Wall St Journal

It has been reported that Ireland has been ranked as the third most-open economy in the world in the Wall Street Journal's latest index of economic freedom.

The index, compiled in conjunction with the conservative Heritage Foundation, shows Ireland has jumped two places from fifth last year thanks to its low corporate taxes, unrestrictive labour force regulation and minimal barriers to foreign investment.

Hong Kong and Singapore are the only two countries in the world with more open economies than Ireland, while Burma, Iran and North Korea were ranked as the world's least-free economies.
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Old 4th January 2006
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"low corporate taxes, unrestrictive labour force regulation and minimal barriers to foreign investment. "

Wont be the case if Enda. Pat & Trevor have their way. The cracks are beginning to show already
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Old 4th January 2006
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Default Re: Ireland Most Open Economy in Western World - Wall St Jou

Quote:
Originally Posted by Maximus
It has been reported that Ireland has been ranked as the third most-open economy in the world in the Wall Street Journal's latest index of economic freedom.

The index, compiled in conjunction with the conservative Heritage Foundation, shows Ireland has jumped two places from fifth last year thanks to its low corporate taxes, unrestrictive labour force regulation and minimal barriers to foreign investment.

Hong Kong and Singapore are the only two countries in the world with more open economies than Ireland, while Burma, Iran and North Korea were ranked as the world's least-free economies.

Great news!
Let's hope oue European neighbours take note and copy us :!:
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Old 4th January 2006
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Quote:
Originally Posted by Dáiler
"low corporate taxes, unrestrictive labour force regulation and minimal barriers to foreign investment. "

Wont be the case if Enda. Pat & Trevor have their way. The cracks are beginning to show already
Yes, with Enda and Pats published plans to return corpo tax to 50% and all! ...oh no wait it was them that agreed with the EU to lower it to 12.5%...

Laughing cow lets hope they don't!!!!

The only thing we have offsetting out infarstructre disadvantage is out corpo tax rate, if they go the same way were screwed.
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Old 4th January 2006
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Quote:
Originally Posted by Dáiler
"low corporate taxes, unrestrictive labour force regulation and minimal barriers to foreign investment. "

Wont be the case if Enda. Pat & Trevor have their way. The cracks are beginning to show already
FG/Lab or the Greens don't want to change any of that. So what are you talking about?
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Old 4th January 2006
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Quote:
Originally Posted by Gladstone
Quote:
Originally Posted by Dáiler
Yes, with Enda and Pats published plans to return corpo tax to 50% and all! ...oh no wait it was them that agreed with the EU to lower it to 12.5%...

Laughing cow lets hope they don't!!!!

The only thing we have offsetting out infarstructre disadvantage is out corpo tax rate, if they go the same way were screwed.
Errr - when exactly have either FG or the Labour Party said they intend to raise Corporation Tax at all, never mind raise it to 50%?
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Old 4th January 2006
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They havn't thats my point.

FF can't manage public services, and our infarstructure is still in ********************e, so they will paint the next election as good economy (which can only happen under FF-PD) AND bad economy (which of coursse...happens under FG-Lab you see).

They'll talk about high tax rainbow despite them not wanting tax increaces.

You will also notice, if you listen to FFers talk them throw in Joe Higgins alot saying something like "a blue green red coaltion of FG labour greens and joe higgins wont' work" I've noticed FFers say this 3 times on TV now and not be challenged for it.
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Old 4th January 2006
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Oh I see what you meant.
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Old 4th January 2006
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Quote:
Originally Posted by Gladstone
They havn't thats my point.

FF can't manage public services, and our infarstructure is still in ********************e, so they will paint the next election as good economy (which can only happen under FF-PD) AND bad economy (which of coursse...happens under FG-Lab you see).

They'll talk about high tax rainbow despite them not wanting tax increaces.

You will also notice, if you listen to FFers talk them throw in Joe Higgins alot saying something like "a blue green red coaltion of FG labour greens and joe higgins wont' work" I've noticed FFers say this 3 times on TV now and not be challenged for it.
Lets take a look at your points:

FF can't manage public services”
Ireland today has one of the best education systems in the world, we have an excellent primary health care system, we have the most generous social welfare and tax system for people on lower incomes in Europe, non-homicidal violent crime is at an all time low and we have one of the cleanest environments in Western Europe, etc etc.

“Our infrastructure is still in ********************e”
The Government has just finished a major upgrade of the entire rail network, capacity on the DART line has been boosted by 40%, travel times between major urban centres have been cut by up to 35% as a result of an unprecedented expansion of our motor way network, LUAS carries almost 100,000 people per day, no citizen is more than 30km from a serviced airport… etc etc

Don’t lecture the present Government; the last time your crowd were in ye gave pensioners a scandalous £1.50 a week! Thankfully the public have a long memory!
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Old 4th January 2006
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Quote:
Originally Posted by Maximus
Ireland today has one of the best education systems in the world
Debatable. According to a recent international survey of universities, only one Irish university (Trinity) was considered world class.
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