practically realising prosperity - john savage
DESCRIPTION
South West RDA Board Member John Savage talks to SWO delegates about the how to practically realise prosperity - including case studies from South Bristol.TRANSCRIPT
Practically Realising Prosperity
John Savage CBEBoard Member, SWRDA
Managing Director, GWE Business West
• Low Carbon Economy
• Successful Businesses
• Prosperous Places
• Leadership and Advocacy
• Better Service
South West RDAOur Priorities
Regional Economic Strategy
Prosperity is……..
• Success• Riches • Wealth• Well-being• Happiness• Good fortune
……ditch GDP as a measure of
national wealth and replace it with
one that quantifies well-being
alongside economic strength.
President Sarkozy – Sept 09
Maslow’s Hierarchy of Need
UK Government pledge
To halve child poverty by 2010
To abolish child poverty by 2020
3.8 million children in the UK live in poverty
Our biggest challenge?
In major western economies only Italy and the USA have more poverty than the UK
Poverty reduces social mobility, educational achievement, health and well being. Poverty defines lifestyle choices, drives crime
and creates intolerance, disaffection and insecurity (JRF)
• 20% residents live in areas in most deprived 10% nationally
• 8 out of 10 worst crime areas in Bristol are in the South
• Only 22% of Bristol jobs are in South Bristol
• Knowle West is one of the worst areas nationally for lack of attainment amongst children
South Bristol Facts
• 35% of the population have no qualifications• Average weekly wage of full-time worker: 14%
lower than in north Bristol• Average life expectancy is shorter in South
Bristol than North Bristol (10 years difference)• 19% have long-term limiting illnesses• 19% live in Council Houses, 39% own their own
homes• 30% of households do not have a car
South Bristol Facts