…proposal also resonates strongly with several contemporary developments in Welsh social policy. First, it reflects the growing emphasis on the foundational economy, which seeks to use public expenditure to strengthen…
We need more engineers in politics – China gets this. Does Wales?
…Tony Blair’s analysis. Indeed, Andy’s philosophy of ‘Manchesterism’ – which worked out practically on the ground as Manchester Mayor – closely resembles the foundational economy agenda we were pioneering in…
LONG READ: New economic governance: An answer, but what’s the question?
…foundational economy will also take some balance to achieve. Ensuring that such a body also acts to strengthen small businesses (who make up the majority of the Welsh economy) and…
From Recycling to Reuse: Seizing the Circular Opportunity for Wales
…DRS strengthens local supply chains and creates new, high-quality jobs in logistics, recycling, and remanufacturing. Crucially, reuse-based businesses form part of the foundational economy – creating locally rooted, labour-intensive jobs…
Inclusive Innovation for Wales
…and innovation. In contrast, the periphery relies heavily on the foundational economy such as healthcare, education, housing, transportation, and utilities. These services are typically non-tradeable, meaning they are consumed locally…
IWA Analysis: Staying the course: Delivering Active Travel in Wales
…education and employment, and strengthening spend in the local foundational economy to name but a few, damages our ability to tackle systemic challenges facing our public services. The Active Travel…
IWA Analysis: Sustainable Business for Future Generations with Wales & West Utilities
…extent, wavered over the economic model its policies are attempting to pursue, with interest in the Foundational Economy making way for Wellbeing Economy theory and practice. Such wavering erodes confidence…
A new framework for economic development in Wales: the Wellbeing Economy
…than for profit or financial gain), that’s Wellbeing Economics in action. Social value, social partnership, foundational economics, community wealth building… different labels representing a huge amount of thought-leadership across the…
The Queen is Dead: A Problem for Rhyl’s Regenerative Vision
…decorative furnishings to energy installations and, in some cases, even foundational catering fittings. For several prospective local traders, this was financially implausible, and thus deterred many from applying. For much…