Can you improve the Welsh economy?

What do you think about some of the ideas suggested to improve the Welsh economy on the IWA Convention?

Over the past few weeks, we’ve been asking visitors to our IWA Constitutional Convention to submit their one idea to improve the Welsh economy. We’ve pulled out some of the key quotes from interesting ideas below. What do you think? Would any of these work?

To read the full ideas you can visit the links below. To see all of the ideas submitted please click here. It’s not too late to submit your own idea.

A publicly owned national lottery for Wales. 


The money raised could go specifically towards investing in the economy of Wales. Different categories that could receive this funding would adhere to ethical credentials.

The money raised can be recycled in a mindful way back into the Welsh economy and for the greater good. As we don’t have control of handling our own taxes, maybe a publicly owned lottery will do for now!

Click here to read the full idea

Wales in the Movies – Why not? 


Wales has little international reputation or credibility, the main reason being that we don’t shout very loud. We have a nation bursting with history, drama, conflict, violence, betrayal – why on earth do no movies exist that tells the world about this small, submerged nation? Braveheart brought thousands of people to Scotland and introduced foreigners to he notion of Scotland for the first time.

Wales must make it national policy to select dramatists who can appeal to mainstream, commercial cinemagoer tastes in the international film community and make films about Wales. We need to give people a firm notion of their own history and nationality so they can create a better economy.

Click here to read the full idea

Reclaim streets and roads in towns for people and cyclists.


Remove kerbs, fences, barriers, white lines, traffic lights and introduce mandatory 20mph zones in all built up areas. Vulnerable people don’t go out or if they do they use the car for fear of being mown down.

People travelling around towns and cities in cars dont spend as much money in those communities as do pedestrians and cyclists. So lets reclaim streets and roads in towns for people as a tool for regenerating our communities. Our villages and communities are economically and socially dying, and this would be a measure to reverse that trend.

Click here to read the full idea

Make Wales the place for small business.


Because well over 90 percent of businesses in Wales are very small and need to be sustainable, and because small businesses offer the best employment options to local young people who don’t want to leave their home area:

Focus on helping people start, maintain and grow small businesses to support local employment across Wales. Provide a structure of quality support and guidance, encourage larger organisations to donate person days of skilled people.  Develop support networks area by area, so that businesses have a local point of contact for networking, advice, support and help and avoid problems of isolation for those working remotely. Encourage people to buy in Wales and sell globally through multi media approach to promote Welsh products and services.

Click here to read the full idea

South East Wales Metro. 


Cardiff is one of the fastest growing cities in the UK , yet the transportation plans are totally inadequate to support its vision without a light rail network linking Cardiff to its hinterland. The economy of Cardiff and therefore Wales will fail to deliver growth and jobs unless the transport network is revolutionised.

City regions are the motors of Economic growth in the 21st century and transport connectivity is the principal means of delivering that economic growth.

Click here to read the full idea

Use the existing retired expertise to mentor new talent. 


To set up a database and community of retirees who could engage with younger people to encourage and develop their ideas into succesful businesses be these social enterprises or commercial ones.

This all about involving all sections of the community to help make Wales a more prosperous country. This scheme will give younger people access to more experienced professionals. It’s really about the well-being both financial and emotional of all parts of our community. Retirees will be more engaged and younger people will have the opportunity to gain expertise and develop from the advice of the retirees.

Click here to read the full idea

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