Ireland must consolidate impressive IMD Competitiveness index ranking

The Institute for Management Development’s (IMD’s) World Competitiveness Yearbook 2016, released last week, showed that Ireland had moved briskly up the international competitiveness ranking to seventh position globally; the most competitive country in the eurozone, and third most competitive across the EU as a whole.

This internationally-renowned publication assesses the ability of nations to create and maintain an environment in which enterprises can compete globally, using over 300 competitiveness indicators.

Ireland’s ranking is an improvement of nine places since last year and shows that, as a country, we have left the dark days of the recession behind.