Irish Innovation: Ireland banking on the faith-based smart economy strategy
Aug 24th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Irish Innovation: The Irish Government has high hopes for what it calls the smart economy and job projections are easy to make. For example, last month Taoiseach Brian Cowen claimed that the State enterprise agencies IDA Ireland and Enterprise Ireland expect to support 270,000 new jobs by 2016 - - equivalent to the total of full-time permanent jobs in the international tradeable goods and services sectors. However, the Government’s faith-based smart economy strategy will not provide an engine of growth and its approach is reminiscent of the fatal sense of infallibility it had about construction as a builder of prosperity.