Irish Economy: Achieving economic success requires more than investing in creativity

Jun 5th, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Last Monday, Ned Costello, chief executive of the Irish Universities Association, in an article in the Irish Times, titled Investing in creativity is way to achieve economic success, defended the €8.2 billion public spending programme, which has a goal, set in 2006, that Ireland will be recognised as a "world class knowledge economy" by 2013. The goal will not be met and the hired gun for a vested interest, spun a positive yarn, against a backdrop where the universities have not presented an objective assessment of the programme and an Oireachtas, which has been strikingly silent on the issue  - - either through non-interest, ignorance or both.

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