IRELAND’S FLIRTATION with pharmaceuticals, including Pfizer, goes back
a long way and has proved very beneficial. Coming in after food and
electrical goods, it is the third largest provider of manufacturing
jobs. Nine out of the top 10 global pharmaceutical companies have
operations in Ireland where they produce seven out of the top 10
blockbuster drugs. Many of the jobs involved are highly-skilled and
well paid; the so-called smart jobs which we are told are more durable
than mere assembly jobs. The firms involved, mainly due to the lowest
company tax rate in Europe, have generated huge profits from their
Irish operations.
http://www.irishtimes.com/newspaper/opinion/2010/0519/1224270653949.html
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