Oireachtas Joint and Select Committees

Wednesday, 8 May 2019

Committee on Budgetary Oversight

Cost of Doing Business in Ireland: National Competitiveness Council

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

Much of it is about education and investment therein. While that is a broad brush-stroke comment, we need a hell of a lot more money to be invested in our universities and we need to develop and tailor our education system, without making it a completely utilitarian education system because I do not like that either. Much higher levels of investment in that regard are nonetheless part of the answer.

Professor Clinch suggested that prices have not risen a great deal, although he is slightly worried about labour cost increases. To what extent does he believe that labour cost increases relate to particular costs that workers are incurring? Notwithstanding Professor Clinch's more general comment that prices are not rising, he has identified high costs in particular areas.

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