{"title":"Welsh taxes","authors":"J. Foreman-Peck, Peng Zhou","doi":"10.18573/wer.254","DOIUrl":"https://doi.org/10.18573/wer.254","url":null,"abstract":"Ple a s e no t e: Ch a n g e s m a d e a s a r e s ul t of p u blishing p roc e s s e s s uc h a s copy-e di ting, for m a t ting a n d p a g e n u m b e r s m ay no t b e r eflec t e d in t his ve r sion. For t h e d efini tive ve r sion of t his p u blica tion, ple a s e r ef e r to t h e p u blish e d sou rc e. You a r e a dvise d to cons ul t t h e p u blish e r’s ve r sion if you wish to ci t e t his p a p er.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43717305","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Land transactions tax variation in Wales","authors":"Longji Zhou, K. Matthews, M. Munday","doi":"10.18573/wer.256","DOIUrl":"https://doi.org/10.18573/wer.256","url":null,"abstract":"Public spending in Wales is largely funded through a block grant from UK Treasury, and with changes in public funding determined by the Barnett formula. This adjusts the amounts of public spending given to Wales to link to changes in expenditure given to public services in England. This means there have been limited links between tax revenues gathered in Wales and monies available for the Welsh Government to spend on public services. However, following a series of Commissions (For example, see Holtham Commission (2010) and Silk Commission (2012)) in Wales, there has been more pressure for economic powers to be devolved to the region. For example, from 2015 business rates were fully devolved. Moreover, 2018 witnessed an end to centrally-set Stamp Duty Land Tax (SDLT) and its evolution to a devolved Land Transaction Tax (LTT).","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2020-02-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46778364","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Brexit, devolution and economic development in 'left-behind' regions","authors":"J. Tomaney, A. Pike","doi":"10.18573/WER.231","DOIUrl":"https://doi.org/10.18573/WER.231","url":null,"abstract":"The Brexit vote in the UK, according to Andres Rodriguez-Pose (2018), is an instance of the revenge of the ‘places that don’t matter’. This expression of discontent from places at the sharp end of rising social and spatial inequalities has fostered the rapid rise of populism that is challenging the hegemony of neoliberal capitalism and liberal democracy. This paper considers the problems of these so-called ‘left-behind’ places – typically former industrial regions. Such places figured prominently not just among those that voted leave in the Brexit referendum in the UK, but also among those who voted for Donald Trump in the 2016 in the US, and for Marine Le Pen in 2017 in France in their respective presidential elections. In this context, this paper’s aims are fourfold. First, we outline the political economy of ‘left-behind’ regions. Second, we offer a critical account of recent efforts to ‘regenerate’ deindustrialised regions. Third, we describe new policy prescriptions for ‘left-behind’ regions attracting the attention of policymakers. Finally, the politics of local and regional economic development are considered, including the kinds of institutions are required to affect a new economic future in such disadvantaged places.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47465256","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
D. Blackaby, S. Drinkwater, P. Murphy, N. O'Leary, A. Staneva
{"title":"The Welsh economy and the labour market","authors":"D. Blackaby, S. Drinkwater, P. Murphy, N. O'Leary, A. Staneva","doi":"10.18573/WER.228","DOIUrl":"https://doi.org/10.18573/WER.228","url":null,"abstract":"This paper takes a brief review of the labour market performance of Wales over the last 20 to 30 years, and some of the challenges it has faced and will face going forward. These include, public sector pay and employment, the quality of education, trends to more flexible labour markets, and Brexit.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45515707","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Foundational economy and foundational politics","authors":"J. Earle, J. Froud, S. Johal, K. Williams","doi":"10.18573/WER.146","DOIUrl":"https://doi.org/10.18573/WER.146","url":null,"abstract":"Any consensus on what is required by way of placebased policies is fragile and time limited. In broad historical perspective, what we have is a continuing debate about what we see in the economy, and positions taken in that debate connect with how we see the political and institutional challenges and possibilities. In every period there will be radicals pressing new problem definitions and conservatives defending existing concepts and measures.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47537432","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Rural development in Wales: looking backwards, looking forwards","authors":"P. Midmore","doi":"10.18573/WER.230","DOIUrl":"https://doi.org/10.18573/WER.230","url":null,"abstract":"Compared with the rest of the United Kingdom, Wales’ rural areas are more important, and also quite markedly different. \u0000This article examines a few lessons that should have been learned about rural development policy, and speculates about possible directions for its future development. It begins by deconstructing some potent myths about rural development that act as barriers to achieving spatial justice in Wales. Discussion then turns to how to establish more nuanced principles for policy development and possible choices for implementation beyond 2019.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"47992703","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Hybrid organisations: the ambiguous boundary between public and private activity","authors":"J. Kay","doi":"10.18573/WER.232","DOIUrl":"https://doi.org/10.18573/WER.232","url":null,"abstract":"Ple a s e no t e: Ch a n g e s m a d e a s a r e s ul t of p u blishing p roc e s s e s s uc h a s copy-e di ting, for m a t ting a n d p a g e n u m b e r s m ay no t b e r eflec t e d in t his ve r sion. For t h e d efini tive ve r sion of t his p u blica tion, ple a s e r ef e r to t h e p u blish e d sou rc e. You a r e a dvise d to cons ul t t h e p u blish e r’s ve r sion if you wish to ci t e t his p a p er.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":"1 1","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43478715","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Reflections on the Welsh economy: remanence, resilience and resourcefulness","authors":"G. Bristow","doi":"10.18573/WER.229","DOIUrl":"https://doi.org/10.18573/WER.229","url":null,"abstract":"The challenges facing the Welsh economy are well known and understood, but are brought into sharp perspective by the fact that after twenty years of devolution and considerable policy effort, the Welsh economy today is exactly where it was in 1998 in relative performance terms. \u0000The critical question therefore becomes why - why does the Welsh economy continue to struggle to improve its relative economic performance in the UK? There are many factors at work of course and this short paper cannot possibly do justice to them all. Instead, this article seeks to highlight the value of taking an evolutionary perspective on the issues facing the Welsh economy. In other words, this seeks to understand how regional economies grow, adapt and change over time in line with the changes occurring in their external environment.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"43666668","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Planning v competition in education: outcomes and efficiency","authors":"G. Johnes","doi":"10.18573/WER.233","DOIUrl":"https://doi.org/10.18573/WER.233","url":null,"abstract":"Governments have a responsibility to secure the best return on their investments in services. This being the case, the institutions that are involved in organising the supply of these services are a topic of interest and concern. In the case of educational services in Wales, particular concern surrounds the performance of school pupils as measured by international tests, in which the recent record has been disappointing. This paper examines this record and evaluates reform measures that have been put in place. \u0000The remainder of the paper is structured as follows. In the next section, I look at some data that allows comparison of educational outcomes in Wales and England. This is followed by a broader discussion about the system of education. The final section draws together the main ideas of the paper in a conclusion.","PeriodicalId":33350,"journal":{"name":"Welsh Economic Review","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2018-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48546477","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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