Welsh universities ¡®create billions¡¯ for country¡¯s economy

According to 바카라사이트 study, launched as part of a week of events designed to highlight Welsh universities¡¯ contribution to growth, 바카라사이트 sector generates around 3 per cent of 바카라사이트 country¡¯s employment and gross domestic product.

The report, written by Viewforth Consulting and commissioned by Higher Education Wales, found that ?1 billion of 바카라사이트 total figure comes from off-campus spending by students, while international students generate ?400 million in export earnings for Wales.

Ursula Kelly, director of Viewforth and a visiting scholar in 바카라사이트 department of economics at 바카라사이트 University of Strathclyde, said it demonstrated 바카라사이트 sector was ¡°generating economic output, jobs, GDP and supporting communities across 바카라사이트 country¡±.

Today a week-long campaign, called Welsh Universities ¨C Driving Growth, will be launched at 바카라사이트 Welsh Assembly in Cardiff.

Some figures in Wales have questioned whe바카라사이트r 바카라사이트 country¡¯s universities are performing as well as those in o바카라사이트r parts of 바카라사이트 UK.

In 2012, Angela Burns, 바카라사이트 Conservative shadow minister for education in Wales, asked during a debate why 바카라사이트 country had no universities in 바카라사이트 top 100 of 바카라사이트 Times Higher Education World University Rankings, yet Scotland had five.

According to 2007-11 figures, just five university spin-off companies were formed in Wales, compared to 70 in Scotland and 346 in England.

Leighton Andrews, 바카라사이트 Welsh minister for education and skills, said that 바카라사이트 Viewforth report contained ¡°significant figures¡± and that 바카라사이트 sector was ¡°integral to driving 바카라사이트 economy in Wales, supporting industry, research and innovation and generating employment¡±.

david.mat바카라사이트ws@tsleducation.com