16.02.2023 - IWA Report Launch: Beyond Social Partnership? Devolved Levers to Support Trade Unions
Feb 20, 2023, 08:00 AM
Hear from Harry Thompson, author of the IWA's report Beyond Social Partnership? Devolved Levers to support Trade Unions in Wales, which was launched on 16 February 2023.
This is a recording of the launch of our report Beyond Social Partnership? Devolved Levers to Support Trade Unions in Wales, which took place on Thursday 16 February 2023. This event was chaired by the IWA's Policy and External Affairs Manager Joe Rossiter and included a presentation and Q&A delivered by Harry Thompson, the IWA's Economic Policy Lead and author of the report.
As part of our work towards a fair economy for Wales, we have undertaken a short study into the trade union movement in Wales, and its potential to structurally re-balance Wales’ economy in favour of low and middle earners. We want to ensure that any growth in overall prosperity is distributed across society and across the economy, rather than being disproportionately absorbed by those at the top.
We find that there is a high scope for empowered trade unions to help restructure Wales’ economy in favour of those on low and middle incomes, additionally ensuring that any new attempts to grow and rebuild Wales’ economy are systematically more evenly distributed. Empowered trade unions are likely to increase the share of national income that goes towards remunerating labour, and to ensure that the ‘wage share’ has a flatter distribution. They can also increase the quality of working life for many people at the bottom of income distribution, and contribute towards economic growth by increasing demand.
Despite some patches of best practice from the Welsh Government with regards to the trade union movement, there is still far more that can be done to support trade unions in creating a more equal economy.
Links and further reading:
As part of our work towards a fair economy for Wales, we have undertaken a short study into the trade union movement in Wales, and its potential to structurally re-balance Wales’ economy in favour of low and middle earners. We want to ensure that any growth in overall prosperity is distributed across society and across the economy, rather than being disproportionately absorbed by those at the top.
We find that there is a high scope for empowered trade unions to help restructure Wales’ economy in favour of those on low and middle incomes, additionally ensuring that any new attempts to grow and rebuild Wales’ economy are systematically more evenly distributed. Empowered trade unions are likely to increase the share of national income that goes towards remunerating labour, and to ensure that the ‘wage share’ has a flatter distribution. They can also increase the quality of working life for many people at the bottom of income distribution, and contribute towards economic growth by increasing demand.
Despite some patches of best practice from the Welsh Government with regards to the trade union movement, there is still far more that can be done to support trade unions in creating a more equal economy.
Links and further reading:
- The full report Beyond Social Partnership? Devolved Levers to Support Trade Unions in Wales (EN)
- Become a member and support the IWA
- Subscribe to our newsletter