Is Ireland the best country in the world for business?
The answer is yes, according to influential US financial magazine Forbes as Ireland has been named the best country in the world for business.
Ireland moved up from number six out of 145 countries analysed last year due to improved scores on monetary freedom and the high return from the Irish Stock Exchange Overall Index.
The rest of the top five, in order, includes New Zealand, Hong Kong, Denmark and Sweden.
IDA Ireland Chief Executive Barry O’Leary said: “This Forbes ranking will reach senior business people across the world, making them aware of all the advantages available to those that locate businesses here.”
“Country rankings like this are used by companies across the world when they make initial decisions to investigate the possibility of locating their businesses internationally.”
“IDA Ireland intends to use the survey results as marketing material in key markets like the US and Europe.”
Forbes said that despite Ireland’s recent economic problems, it remained a pro business country that continued to attract investments from some of the world’s biggest companies over the last ten years.
The ranking will provide a boost for Ireland as it prepares to exit the bailout programme at the end of the year. Source: RTE News.