"Local Economic Development (LED) is an approach to economic development, of note in the developing world that, as its name implies, places importance on activities in and by cities, districts and regions."
The role of local administration in promoting economic growth, job creation, infrastructure development, and entrepreneurship.
Economic Development Fundamentals: This topic covers the overall process of creating economic growth, reducing unemployment, and boosting local businesses through strategic investments and partnerships.
Local Government and Administration: This topic is all about understanding the roles and responsibilities of local governments, including the various positions, structures, and legal frameworks they operate within.
Community Development: This topic focuses on ways to identify and remediate disparities within local communities, especially in areas where economic growth is lacking or where social and economic inequality abounds.
Economic and Business Retention: This topic refers to keeping existing businesses in a community by providing support and overcoming challenges that face them. Anything from tax policies to economic incentives might be explored here.
Financing and Investment: This topic involves identifying and sourcing funds to support and grow local businesses, such as through loans and venture capital or angel investors.
Workforce and Human Resource Development: This topic covers finding, training, and maintaining qualified workers to support the local economy. This involves creating policies and practices that encourage hiring and retention.
Industrial Parks and Business Incubators: These are designed to help entrepreneurs launch and grow new businesses that are expected to contribute to the local economy in the long run.
Infrastructure Development: This topic focuses on the design and maintenance of public facilities, such as schools, roads, and parks. It includes studying the feasibility of projects and their economic inputs, identifying cost-effective means of providing public services, and prioritizing public works projects.
Tourism and Destination Management: This topic involves promoting and marketing local attractions and identifying strategies for generating visitor spending in the area.
Environmental and Sustainability Planning: This topic covers planning for environmental remediation, sustainability, and eco-friendly practices that can benefit local economic systems.
Entrepreneurship Development: This initiative aims to create an entrepreneurial culture within the locality, offer resources and training to existing entrepreneurs, and attract new entrepreneurs to start their business within the locality.
Industry Clusters: This initiative aims to enhance the competitive advantage of local industries by clustering them in a geographic area. This is achieved by creating a systematic approach for the cooperation, innovation, and production of the industry among the alliances, governments and stakeholders.
Infrastructure Development: This initiative focuses on promoting the development of essential infrastructure, such as transportation, power, water, and communication networks, to support the growth of the local economy, attract businesses to the area, create jobs and improve the quality of life for local people.
Workforce Development: This initiative aims to improve the skills of the local workforce to match the needs of the local industries. This can be done through education and training programs, apprenticeships, certifications, and mentorship.
Tourism Development: This initiative focuses on promoting the local tourism industry to the international market, providing visitors with a good experience in the area, and creating tourism jobs and businesses within the locality.
Micro and Small Enterprise Development: This initiative supports the development of micro and small enterprises by offering resources, training, and financial services to entrepreneurs from the local community.
Innovation & Research: This initiative focuses on creating and encouraging innovative ideas to promote local economic growth. By investing in research and development, localities can spur the creation of new and creative solutions, technology and ideas for the local economy.
Export Development: This initiative supports the growth of local businesses through the promotion of the local products or services in global markets. It helps local products to compete in international markets and promote the brand and quality of products to global consumers.
Green Economic Development: This initiative focuses on promoting environmentally sustainable practices and infrastructure, which balances the needs of the local environment and local economy.
Cross Border Economic Development: This initiative focuses on promoting trade, investment and cooperation between neighboring localities, which helps to build strong interdependent business relationships, economic growth and partnership across the border.
"LED encompasses a range of disciplines including physical planning, economics and marketing, all with the goal of building up the economic capacity of a local area to improve its economic future and the quality of life for all."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities to improve local conditions."
"LED encompasses a range of disciplines including physical planning, economics and marketing."
"The goal of building up the economic capacity of a local area to improve its economic future and the quality of life for all."
"Local Economic Development (LED) is an approach to economic development, of note in the developing world..."
"Local Economic Development (LED) is an approach to economic development, of note in the developing world..."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities to improve local conditions."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities..."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities to improve local conditions."
"Building up the economic capacity of a local area to improve its economic future..."
"To improve its economic future and the quality of life for all."
"To improve its economic future and the quality of life for all."
"LED encompasses a range of disciplines including physical planning, economics and marketing..."
"To improve its economic future and the quality of life for all."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities..."
"LED encompasses a range of disciplines including physical planning, economics and marketing..."
"Local economic development combines economic development activities, urban planning, infrastructure development and social development activities..."
"LED encompasses a range of disciplines including physical planning, economics, and marketing..."
"The goal of building up the economic capacity of a local area to improve its economic future and the quality of life for all."