Skip to main content

Establishing a future for economic fora in Wales

During the past few years, one of the major concerns of citizens and businesses in North Wales is their distance from the centre of political decision-making in Cardiff Bay. Despite this, there have been, paradoxically, considerable successes in the past six years, and it could be argued that these successes have been achieved because of the lack of governance from Cardiff.

In this respect, distance from the Assembly and the headquarters of its sponsored bodies have allowed the region to "get on with it" and to develop its own economic identity. Whether this will continue under the new regime following the merger of Assembly Sponsored Public Bodies in April of this year remains to be seen, as many critics of the current Government would argue that there is creeping politicisation and centralisation of public life within Wales, as we have seen recently regarding the different rows involving the Arts Council for Wales and the Welsh Language Board.

With the demise of the WDA, WTB and Elwa in North Wales, there will be, in my opinion, a greater burden and influence placed on the North Wales Economic Forum (NWEF), a partnership which currently comprises representation from all of the key agencies in the region, as well as business representative organisations. Its five key aims are to promote investment in business; investment in people and communities; investment in infrastructure; investment in the image of North Wales; and investment in intellectual capital.

While it is generally recognised that the current activities of the Forum are key to the future of North Wales and that such a partnership is an effective way of identifying and addressing major issues, there have been concerns about the future of the forum, once Assembly sponsored bodies such as the WDA, Wales Tourist Board and Elwa had been integrated into the Assembly. Although the Assembly Government has reiterated that it will continue to provide the same level of funding as those three bodies, it has also stated that it will review the arrangement within the next 12 months.

This, to me, does not indicate that there is a guarantee of continuing financial support for the Forum at the same level, especially as the Assembly will not become a full member but will instead take observer status. here would not be much common sense for a government to support a body that may wish to criticise its policies.

In this respect, perhaps the real question for the remaining members of the Forum is whether they wish to continue funding its role as the main consultative body for pan-North Wales economic development in the future when the main economic development organisation has taken a peripheral role. By essentially removing the Assembly from the forum, perhaps this is the Minister's way of allowing this organisation, and the other three across Wales, to slowly fade away without having any direct responsibility for their demise.

That may well come to pass, but over the next year, there is certainly a rare opportunity for other parts of the public sector in North Wales, along with representatives of the private sector, to establish a body that can, through having an independent voice, advise the Minister and the North Wales Assembly offices.

In that respect, the only change I would make would be to give greater representation to the private sector in North Wales on the forum to ensure that the needs of enterprise are fully taken into account when considering new policies. The success of the Economic Forum in bringing together different bodies across North Wales suggests that there could and should be greater co-operation amongst bodies in the public and private sector in the region.

Despite the changes to the economic development function of the Assembly Government, there is still a requirement for a body that brings together all organisations in North Wales (and indeed, in other parts of Wales) to ensure that there is distinctive voice for the region, especially within the corridors of Cardiff Bay.

Comments

Popular posts from this blog

THE CRACHACH

Unlike me, do you consider yourself part of 'the establishment' here in Wales?  As thousands gather for the Eisteddfod in Mold this morning, they will, according to some social commentators, not be participating in the greatest cultural festivals of Europe. Instead, they will merely be bit-part players in one of the annual gatherings of the great and good of Wales.  Unkindly, this set of the movers and shakers in Welsh society is known as 'the crachach' , and constitute a social class all of their own, dominating the educational, cultural and media sectors of Wales and allegedly looking down upon any outsider with new ideas, reinforcing mediocrity and failing to see beyond the limits of their own narrow experience.  They are said to live in a comfort zone that awaits the expected invitation to the next glass of chilled chardonnay and canapés, forgetting that due to their lack of leadership and drive, Wales remains firmly rooted to the bottom of the UK prosperity league ...

THE IMPORTANCE OF THE CREATIVE CLASSES

One of my favourite academic books of the last two decades must be the “Rise of the Creative Classes” by Professor Richard Florida.  This was one of the first detailed studies of the growing group of individuals who use their creativity and mental labour to earn a living and not only included those in arts and entertainment, but also people working in science and technology as well as knowledge-based professions such as healthcare, law, business, and finance.  Fast forward to 2022 and Professor Florida has written an updated report on the creative classes although he and his team now identify a different type of individual who is taking full advantage of the growth in digital platforms, social media, and online marketplaces.  Such ‘creators’ are defined as those who use digital technology to make and publish unique creative content, whether in the form of video, film, art, music, design, text, games, or any other media that audiences can access and respond to.  They ...

GLOBAL ENTREPRENEURSHIP MONITOR WALES 2022

How entrepreneurial is Wales? That is the question that the latest Global Entrepreneurship Monitor (GEM) attempts to answer in its latest report which investigates those involved in early-stage entrepreneurship i.e. starting and managing a new business.  This year’s results show that the rate of total early-stage entrepreneurship (TEA) in Wales in 2021 was 10.3% as compared to 11.5% for the UK. This is significantly higher than the previous year (6.5%) and means that around 192,000 adults aged between 18 and 64 are involved in entrepreneurial activity in Wales.  Nearly three quarters are in the very early stages of starting a business and the rest involved in managing a new business aged between 4 and 42 months old.  This is an important finding as not only is the overall rate of entrepreneurial activity in Wales increasing but this is largely accounted for by those starting a business. In this respect, it is critical that the right support mechanisms are in place to ensu...