Irish Competitiveness: Devaluation the hard way - - a sustainable cost reduction miracle?
May 25th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Competitiveness: In the absence of currency devaluation, domestic costs in the Irish economy have been reducing at an impressive pace, according to a new report on competitiveness by Goodbody Stockbrokers’ economists Dermot O’Leary and Juliet Tennant. Are we seeing a sustainable cost reduction miracle?