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Employment

Volume 487: debated on Wednesday 4 February 2009

To ask the Secretary of State for Wales what recent estimate he has made of the effects of globalisation on levels of employment in (a) Wales and (b) Blaenau Gwent. (250942)

The effects of globalisation on employment in Wales must be seen as both a challenge and a significant opportunity.

The Government are working to maximise the gains to the UK economy from globalisation while at the same time attempting to mitigate the downside risks associated with globalisation, by raising productivity and competitiveness.

In relation to overseas markets the Government and National Assembly for Wales seek every opportunity to maximise export and inward investment opportunities.