Follow @PoliticsIE
 
 
 
Page 1 of 2 12 LastLast
Results 1 to 10 of 19

Thread: How to generate more Foreign Direct Investment Jobs

  1. #1
    Politics.ie Newbie
    Join Date
    Oct 2008
    Posts
    79
    Mentioned
    0 Post(s)

    Talking How to generate more Foreign Direct Investment Jobs

    Ireland's lost competitiveness can be partially recovered by pursuing the following strategies.


    1. Pursue a cheap land policy which will reduce considerably the cost of housing workers and set up costs.

    2. Allow all workers employed by the FDI sector to pay tax at the lower rate of income tax, and abolish PRSI costs by employees and employers.

  2. #2
    Politics.ie Newbie fiannafuddy's Avatar
    Join Date
    May 2006
    Location
    Limerick, Ireland
    Posts
    45
    Mentioned
    0 Post(s)

    Default

    The main issue is labour cost, not quality. Minimum wage has to be seen as the benchmark in the sector, not the base.

    Cost of living then has to be reduced to meet just below current expectations on that wage.
    Woop Woop

  3. #3
    Politics.ie Member seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    14,309
    Mentioned
    0 Post(s)

    Default

    FDI jobs are rarely minimum wage anyway.

    And a "cheap land" policy? What would that mean? How could the government achieve this?

    The Commercial property market is currently in freefall, so I suppose "cheap land" is on the way.

  4. #4
    Politics.ie Newbie
    Join Date
    Apr 2007
    Location
    Look how far out to the left I've managed to push my user details. What do I win? I'm in Dublin btw.
    Posts
    33
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by kellsangel View Post
    2. Allow all workers employed by the FDI sector to pay tax at the lower rate of income tax, and abolish PRSI costs by employees and employers.
    mmm not sure about that, you could do a lot of damage to indigenous companies in terms of their ability to attract talented and qualified people.

  5. #5
    Politics.ie Member seabhcan's Avatar
    Join Date
    Sep 2007
    Posts
    14,309
    Mentioned
    0 Post(s)

    Default

    FDI actually increased by 14% last year.

    Our problem is domestic jobs and companies, not FDI.

  6. #6
    Politics.ie Newbie
    Join Date
    Oct 2008
    Posts
    79
    Mentioned
    0 Post(s)

    Default We seem to be accumulating an alarming surplus

    Quote Originally Posted by Mazzy Maz View Post
    mmm not sure about that, you could do a lot of damage to indigenous companies in terms of their ability to attract talented and qualified people.
    of unemployed talented and qualified people.

    soon the surplus could reach 15% of our labour force.


    The right scheme would provide a huge incentive for FDI companies to create new jobs here as well as transfer staff to Ireland and contribute to our tax base.


    As for a cheap land policy it would provide cheap housing and cheap industrial / commercial buildings.

  7. #7
    Politics.ie Member Big Bobo's Avatar
    Join Date
    Oct 2008
    Posts
    169
    Mentioned
    0 Post(s)

    Default

    Ireland needs less FDI not more of it

  8. #8
    Politics.ie Member
    Join Date
    Dec 2008
    Posts
    568
    Mentioned
    0 Post(s)

    Default

    If you ring up the IDA and tell 'em you want to set up a 100-worker factory, they'll tell you you can have a site in Carlow for free, a site in Limerick for a small charge and a site in Dublin for a charge slightly more than small.

    Try to set up a small business and you'll be thrown to the wolves on the office rent market.

  9. #9
    Politics.ie Newbie
    Join Date
    Oct 2008
    Posts
    79
    Mentioned
    0 Post(s)

    Default Do you want the FDIs we have to leave?

    Quote Originally Posted by Big Bobo View Post
    Ireland needs less FDI not more of it
    Will the indiginous sector employ all the surplus labour?

  10. #10
    Politics.ie Member Big Bobo's Avatar
    Join Date
    Oct 2008
    Posts
    169
    Mentioned
    0 Post(s)

    Default

    Quote Originally Posted by kellsangel View Post
    Will the indiginous sector employ all the surplus labour?
    No the Irish capitalist class is simply too incompetent to provide employment for the people. Irish capitalism is a joke and that is why we are so heavily dependent on US imperialism. However hoping that foreign capital will come over and choose to exploit us instead of Poland or China is not the answer.

Page 1 of 2 12 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •