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Social Infrastructure and Industrial Strategy

pdfBriefing for FPSW332.28 KB on importance of Social Infrastructure to  Inclusive Growth and Industrial Strategies.

Concludes: 

"Industrial Strategy which benefits all
 
If the aim of an ‘Industrial Strategy’ were only to support economic growth and productivity then it would still need to consider all of the contributing factors. As well as the geographical distribution of manufacturing and the development of physical infrastructure such as road, transport links and buildings, it must include sectors such as education, health and care, which are both direct employers of significant numbers and enablers for the other sectors. The childcare and adult social care sectors have been particularly neglected in economic policy making in the past. This social infrastructure provides jobs directly and has the potential to improve workforce quality and availability and it should form part of any Industrial Strategy.
 
As importantly however, the Inclusive Growth agenda throws light on the wider social benefits of investment in social infrastructure. If the aim is an economy which works for all, - the just managing, the left behind, the politically cynical, - then economic and social policy need to be combined; surely the definition of an Industrial Strategy?"
 
Defines quality jobs, social infrastructure and inclusive growth:
 
"In addition, for employees, quality work is about more than pay. It is about flexibility to combine work with family life. It is about opportunities to progress through training, unbiased appraisal systems, fair recruitment and promotion. It is about respect and dignity at work. And importantly, it is about the provision of adequate public services such as childcareviii, which enable people to work the hours that they want."
 
"Put at its starkest, the economy simply would not work without well-educated, healthy and socially engaged people. They work in it, innovate in it, purchase goods and services in it; the greater the proportion of the population who are poor, under-employed, or sick the lower the country’s productivity."
 
"At national level, the Women’s Budget Group (WBG) has developed a ‘Plan F’ for the economy, a long term feminist economic plan to invest in creating a caring and sustainable economy that prioritises care for people and for the planet."
 
5th February 2017