Local economic development
Local economic development is a central part of developmental local government. It is a process which brings together different partners in the local area to work together to harness resources for sustainable economic growth and poverty reduction. Local economic development is increasingly being seen as a key function of local government and a means of ensuring that local and regional authorities can address the priority needs of local citizens in a sustainable way. There is no single model for LED; approaches reflect local needs and circumstances. Themes include local economic development guides, tourism, support to small, medium and micro enterprises, microfinance and credit and public-private partnership.
Sub-topics:
- Local economic development guides
- Support to small, medium and micro enterprises
- Microfinance and credit
- Tourism
- Extractive Industries
- Workforce skills
- Trade
Featured
Inclusive Growth through Inclusive Governance in India’s North East
‘Inclusive Growth’ is both the title and the overarching goal of the Eleventh Five Year Plan of India. Economic reforms have led, especially over the last five years or so, not only to accelerated growth but to sustained accelerated growth. Yet, notwithstanding the considerable space given to Panchayati Raj in the Eleventh Plan, there still seems to be some reluctance to accept inclusive governance as the quintessential and unique path to inclusive growth.
Author: Mani Shankar Aiyar, Nupur Tiwari Publisher: Commonwealth Journal of Local Governance Publication year: 2009
