OECD calls for greater regional investment
Published 12/09/2011 | 05:00
New policies need to be introduced to ensure economic growth in Ireland is unlocked across all its regions, senior officials from the Organisation for Economic Co-operation and Development (OECD) will argue in Maynooth today.
Members of the global think-tank that represents the world's richest nations will insist at a conference in the town's university that the Government's 'smart-economy' drive must deliver development opportunities to regions across Ireland.
The OECD's head of regional development, Joaquim Oliveira Martins, will claim that such a strategy will be vital if a major shift in the focus for the country's economic fabric is to be successful.
"Rural areas are experiencing a decline in traditional manufacturing employment while the smart economy, or knowledge-based jobs, are becoming increasingly concentrated in a select number of urban centres," warned Chris Van Egeraat, of the Irish branch of the OECD's regional studies association.