ECONOMIC GROWTH

Trickle-down devolution won't work

As constructed, the Government’s devolution plans just promote greater complexity and further managerialism, writes Adam Fineberg.

Just as there is recent recognition nationally that the ‘trickle-down' theory doesn't work, similarly the equally antiquated and unsuccessful growth pole model for national economic development is flawed. The Government's plans for devolution address metropolitan areas, not the whole of the UK PLC.

Studies commissioned by the Treasury in the early noughties under the banner of ‘Productivity in the UK' pointed to the need to make all areas and geographies work for all people to promote productivity and well-being.

Adam Fineberg

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