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Practically Realising Prosperity - John Savage


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South West RDA Board Member John Savage talks to SWO delegates about the how to practically realise prosperity - including case studies from South Bristol.

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Practically Realising Prosperity - John Savage

  1. 1. Practically Realising Prosperity John Savage CBE Board Member, SWRDA Managing Director, GWE Business West
  3. 3. <ul><li>Low Carbon Economy </li></ul><ul><li>Successful Businesses </li></ul><ul><li>Prosperous Places </li></ul><ul><li>Leadership and Advocacy </li></ul><ul><li>Better Service </li></ul>South West RDA Our Priorities
  4. 4. Regional Economic Strategy
  5. 5. <ul><li>Prosperity is…….. </li></ul><ul><li>Success </li></ul><ul><li>Riches </li></ul><ul><li>Wealth </li></ul><ul><li>Well-being </li></ul><ul><li>Happiness </li></ul><ul><li>Good fortune </li></ul>
  6. 6. <ul><li>…… ditch GDP as a measure of </li></ul><ul><li>national wealth and replace it with </li></ul><ul><li>one that quantifies well-being </li></ul><ul><li>alongside economic strength. </li></ul><ul><li>President Sarkozy – Sept 09 </li></ul>
  7. 7. Maslow’s Hierarchy of Need
  8. 8. 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?
  9. 9. 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)
  10. 10. <ul><li>20% residents live in areas in most deprived 10% nationally </li></ul><ul><li>8 out of 10 worst crime areas in Bristol are in the South </li></ul><ul><li>Only 22% of Bristol jobs are in South Bristol </li></ul><ul><li>Knowle West is one of the worst areas nationally for lack of attainment amongst children </li></ul>South Bristol Facts
  11. 11. <ul><li>35% of the population have no qualifications </li></ul><ul><li>Average weekly wage of full-time worker: 14% lower than in north Bristol </li></ul><ul><li>Average life expectancy is shorter in South Bristol than North Bristol (10 years difference) </li></ul><ul><li>19% have long-term limiting illnesses </li></ul><ul><li>19% live in Council Houses, 39% own their own homes </li></ul><ul><li>30% of households do not have a car </li></ul>South Bristol Facts