Wales has the potential to lead the way in developing a more inclusive economy.
Experts at a round table discussion in July 2017 provided evidence of current inequalities in growth across the UK, as well as exploring how Wales could develop a more inclusive model.
There was recognition of the limits the Welsh Government’s powers in this area but also a consensus that more can be done using existing policy levers, and by providing leadership and frameworks to encourage action by others. Suggested key areas for action include:
The Welsh Government’s Economic Action Plan, published in December 2017, put inclusive growth at the core of its vision, and several key action areas highlighted at this event were addressed as priorities.