Mr. James Coghlan:

Our submission includes some comments in that regard. For example, it is time for a step change. We have largely had the same industrial policy, namely, on planning, since Seán Lemass and T. K. Whitaker in the late 1950s. That stuff worked well for many years and is still doing so, but perhaps it needs to be tweaked a little. However, this is the time to have a strategic review of industrial policy and perhaps add a third leg. IDA Ireland is doing a great job when it comes to foreign direct investment, Enterprise Ireland is doing good work when it comes to exports and local enterprise offices, LEOs, and so on when it comes to microbusiness, but where is the policy on small and medium-sized enterprises? There is none. Our big statement is that it is time we had a strategic review and to think ten years out. That might add to our output which would create the ability to meet some of the spending needs we will have into the future.