Lucinda Creighton: Ireland’s model of open economics has achieved wonders, but cracks are beginning to emerge | Business Post

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Ireland’s model of open economics has achieved wonders, but cracks are beginning to emerge, writes LCreighton.

With every welcome job announcement comes added pressure to supply highly skilled workers to take up those jobs. Picture: Getty

Over the past decade, Ireland has enjoyed unprecedented levels of economic growth, particularly in the foreign direct investment sector. One of the many reasons for this is that, during those years, we became competitive once more. It became more affordable to do business here which, in addition to our corporate tax regime and skilled workforce, made Ireland attractive as a destination. Even through the torrid past two years of pandemic, global companies have continued...

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