The foundational economy

Darllenwch yr erthygl yma yn Gymraeg | View this post in Welsh

As in the UK, Wales has lost much of its manufacturing base but retains its ‘foundational economy’, argue researchers from the Centre for Research on Socio-Cultural Change (CRESC). Whilst this ‘mundane’ yet vital area of the economy provides the goods and services essential for citizens’ well-being, they suggest it is ‘pervasively mismanaged’.

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