According to the highly respected American business magazine Forbes, Ireland is currently the best place for doing business thanks to a number of things, including the recession.
Here’s a bit of good news to kick start your day… Forbes released their rankings for the eight annual ‘Best Countries for Business’ list and Ireland has come out on top for the first time ever. New Zealand came in second on the list, while Hong Kong rounded off the top three.
The Best Country for Business was determined by grading 11 different factors in 145 countries. The factors accessed included: property rights, innovation, taxes, technology, corruption, freedom (personal, trade and monetary), red tape, investor protection and stock market performance.
The recession, along with the number of unemployed people in the country, means Ireland is extremely attractive for international corporations as they have a large, educated, English speaking workforce to choose from.
“Despite these economic troubles, Ireland still maintains an extremely pro-business environment that has attracted investments by some of the world’s biggest companies over the past decade,” reads the Forbes article, which you can
read in full over here.
“Ireland scored well across the board when measuring its business friendliness. It is the only nation that ranks among the top 15 per cent of countries in every one of the 11 metrics we examined to gauge the best countries.”
It’s certainly some promising news and hopefully it won’t be too long before we’re back to the good ol'days where a man couldn’t walk down the street without being offered a job…
http://www.youtube.com/watch?v=zpb9D0UkXz0
