It seems we’ve reached the point of advocating something better described as ‘desperate capitalism’: a chuck things away and see what grows approach to economic development.
Features Archive - Page 285 of 347 - NewStart
Nick Harriss sets out the case for a new breed of financial institution – one that’s locally owned and more tuned in to the needs of small business
The ‘presidential’ style of election means that it doesn’t matter where in the city a vote comes from. This could lead to candidates campaigning intensely in wealthy areas with a temptation to focus on issues that benefit the better off to the detriment of poorer areas.
For Leps, their strongest potential asset is their ability to provide a means by which they can act as the glue and coagulant for drawing networks of business, policy and economic inputs together under key objectives. That is why a sophisticated insight into local economic capabilities is so important.
We need a greater recognition in public policy that society is an integrated co-production between all of us, often happening instinctively across a number of domains.
Could collective procurement be the way forward? Jenny Howarth thinks so
The issue of financial inclusion and access to affordable credit, savings and other financial products is a major issue for north west families – especially the ‘working poor’ and those on benefits. These are the very groups who already experience poor mental and physical health.
If we tap into the assets of communities we can make an impact in ways that regeneration schemes never could. But it requires investment, says Nick Massey
I like grappling with contemporary place ailments: no jobs, derelict site or dying high street. However, I am often tired of the standard prescriptions. In many instances, I know that the new investment strategy, or town centre revitalization will either not work, be temporary or have only partial success. Increasingly, I know that many of the accepted prescriptions are old hat, in the face of economic turbulence and environmental change.
Without getting these structural factors right, there is a danger that the new wave of elected mayors won’t have the powers and scope they need to succeed.