Investigating the Potential of Key Sectors Using Multisectoral Qualitative Analysis: A Welsh Case Study

The authors examine the use of multisectoral qualitative analysis (MSQA) for evaluating the potential of key sectors in a regional case. They examine the desirability of policy focusing on the promotion of key sectors. It is suggested that the tools used to identify, and then to justify, key sectors are generally underdeveloped. The authors provide a review of selected methods to identify and classify key growth sectors, and their strengths and weaknesses. Given the weaknesses inherent in these approaches, it is particularly important for policymakers to consider methods which can test and extend key-sector evaluation. The authors suggest that MSQA provides an effective and policy-relevant means of forming conclusions on sector potentials, and report on a pilot exercise undertaken in the Welsh economy.