1st February 2017 |
Reports
Productivity growth is a key driver of national competitiveness, as it enables firms based in Ireland to compete successfully in international markets by facilitating output to be produced in a more efficient and effective manner.
The Council has published a report benchmarking Ireland’s recent productivity performance. Ireland’s labour productivity performance is strong in an international context. Increasing productivity across all sectors remains a significant challenge. Ireland can take advantage of a sizeable competitiveness opportunity if we can avoid the ‘productivity trap’ being experienced by many developed economies. Facilitating enterprise and start-ups, trade, access to finance, skills and infrastructure are key to productivity and competitiveness gains.
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The Business Environment