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Bevan Foundation joins economy panel discussion

January 22nd 2021

The Bevan Foundation was delighted to receive an invitation from Senedd Member Helen Mary Jones to participate in a panel discussion on ” What is our economy for?”, which coincided with the launch of a report produced by Dr Mark Lang to answer this question.

Policy and Research Officer Helen Cunningham outlined the Bevan Foundation’s advocacy of a reset of the economy in Wales. She explored how a new economic approach is required to respond to the climate crisis, demographic change, the digital revolution and inequality. She also outlined how the key principles of an inclusive and resilient economy, one that values all kinds of economic activity and one that values the common good should underpin such an approach.

Sharing the Bevan Foundation’s latest publication; Transforming Wales: Building a better economy, Helen explained how actions including supporting the growth of social enterprise and small businesses, reshoring some manufacturing and developing a robust towns policy are just some of the practical actions that the next Welsh Government can take. She also set out why the Bevan Foundation believes there is a need to develop economic action zones to support specific places in Wales and create more a more distributed model of economic activity. Panel members taking part in the discussion also included the Wales TUC, the Federation of Small Businesses Wales and Leon Burns of Burns Pet Nutrition.

Speaking about the event, Helen Cunningham said “If we are to make the economy in Wales work for everyone, its vital we take action on tackling inequalities between people and places to create fair work, close the digital divide and ensure all places in Wales prosper . We were very grateful to Helen Mary Jones for the invitation to come and share some of our work as part of this discussion ”.

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