1. Cynnal Cymru’s Draft Economic Perspective of Wales
Jim Poole

2. Call to Action – Summary
Env Ec
SD in Wales
Soc

3. SD in Wales May 2007 Call to Action – Culmination WAG View
Cynnal Cymru View
SD in Wales
May 2007

4. Sustainable DevelopmentEc
Res
Cynnal Cymru View
Env
Soc

5. Ec
Res
Env
Soc

6. Ec
Res
The
World
Env
Soc

7. WAG View
Wales: A Vibrant Economy

8. WAVE is weak in that it: Has no defined planning horizon
Ignores the global context
Relies on “strengths” which have not been
evaluated critically
Does not link to other policy agendas
Underplays the role of the public sector

9. WAVE
Res SD Ec
Soc
Env
“Economist World”
The World

10. WAVE & Climate Change Welsh Assembly Government Objective
WAVE Contribution
Supporting Evidence
Tackling the causes of climate change
Fair
Business & Environment strand, deals with some causes of CO2 emissions
Dealing with the outcomes of climate change
Neutral
Strategic framework does not deal with this explicitly
Realising the opportunities presented by climate change (e.g. renewable energy)
[No evidence quoted]

11. Two Models of a Sustainable Economy:
WAVE: “Globally Competitive” Region or “Beggar my Neighbour”
Cynnal Cymru: “Exemplar Localised” Region

12. Competitive Region (1):
Competes with neighbouring regions and other countries for resources
Seeks to externalise social and environmental costs and disbenefits
“Agglomerates” benefits in south east Wales around Cardiff and Newport
Requires investment in new roads, air services

13. Competitive Region (2):
Requires flexible and mobile labour – with personal and social impacts
Values increases in overall wealth over improvements in welfare
Supports high-growth firms rather than small stable businesses

14. Two Models of a Sustainable Economy:
WAVE: “Globally Competitive” Region or “Beggar my Neighbour”
Cynnal Cymru: “Exemplar Localised” Region

15. Exemplar Localised Economy (1):
Does not rely on markets to value irreplaceable resources
Is mainly local and community-led in production, consumption,
Has high level of public involvement in management of resources

16. Exemplar Localised Economy (2):
Actively plans and regulates for a low-carbon future
Values welfare more than increases in overall wealth
Measures welfare improvements in absolute, not relative terms

17. Two Models of a Sustainable Economy:
Radically different pictures of a Future Wales
Where’s the debate?
Debate must be raised above short-term party politics
Cynnal Cymru could play a role

18. “Sustainability Fuel Tank”
Globally Competitive
Exemplar Localised E F

19. Within the framework of WAVE, Cynnal Cymru recommends:
Using public sector procurement as a driver
Supporting local enterprises
Supporting sustainable businesses
Promoting the Environmental Goods and Services sector
Promoting a low-carbon economy
Sustainable management of natural resources
An integrated approach to rural development