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Mon 06 Jun 2009Investing in creativity is way to achieve economic success

OPINION:IT HAS been observed that one can tax one’s way into a recession but not out of it. Our problem is that an economic base built on property development and consumer consumption has collapsed, taking tax revenues along with it, writes NED COSTELLO

Worse still, given the credit crunch and high levels of indebtedness, that base is not coming back any time soon.

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