Beyond the skills needed today , mr mccauley highlights the need for a new generation of " it specialists who can not only relate to customers but also analyse business cases " .
Relaxing the rules for skilled workers could make european countries equally attractive and mr mccauley hopes that governments will pay heed to the index and work to improve their score so as to attract inward investment .
On the other hand , mr mccauley says : " some companies argue vociferously that they find it cheaper to employ skilled labour in say germany than in china or india , when you take everything into consideration . "
" At some level , foreign funds are inter mediating our own money back to us . When they get upset or nervous , the money gets yanked and we have to live with that vulnerability , " says robert mccauley , chief representative for asia-pacific at the bis .
