Australia heads ranking of 24 OECD countries for best institutional growth conditions; Ireland gets 5th ranking
Jun 19th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The German Ifo Economics Institute reports that in an international comparison, Australia has the best institutional growth conditions. In the past one and a half decades, Australia has improved seven places, taking over the top position from the United States, now in second place. Bronze goes to the Netherlands. Ireland gets a 5th ranking, which it also had in 1994 when the US was in top place and Japan was the runner-up.