Local development: Difference between revisions

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{{short description|Theory in social sciences}}

L'''ocalLocal development''' is a relatively young theory in social sciences based inon the identification and use of the resources and endogenous potentialities of a [[community]], neighbourhood, city, municipality or equivalent.<ref>Montoya A. (1998). ¿Desarrollo local o desarrollo Comunitario? ''Realidad'' No. 61, enero-febrero de 1998. ISSN-e: 1991-3516</ref><ref>Alburquerque, F. Metodología para el Desarrollo Económico Local, Dirección de Desarrollo y Gestión Local.</ref>

The local development approach considers the endogenous potentialities of territories. Economic and non economic factors influence local development processes. Among the non economic factors, social, cultural, historical, institutional, and geographical aspects can be decisive in the process of local [[economic development]].<ref>ALBUQUERQUE, Francisco, Llorens Juan y Del Castillo Jaime (2002). “Estudio"Estudio de casos de desarrollo económico local en América Latina”Latina". Banco Interamericano de Desarrollo, Departamento de Desarrollo Sostenible, Washington D.C.</ref>

== Definition ==

In this perspective, local economic development can be defined as a process of transformation of the local economy and society, oriented to surpass the difficulties and existent challenges. It seeks to improve the conditions of life of local population by means of actions concerted between the different local agents, social, public and private, towards an efficient and sustentablesustainable use of the existent endogenous resources.<ref>HELMSING B. (2001). “Partnerships"Partnerships, Meso-institutions and Learning. New local and regional economic development initiatives in Latin America”America". Institute of Social Studies, The Hague, Netherlands.</ref> In this approach, the importance of social capital and the links of cooperation with external agents to capture human, monetary and technical resources contribute to the local development strategy.<ref>Pike A. (2007). "What Kind of Local and Regional Development and for Whom?" ''Regional Studies'', Vol. 41.9, pp. 1253–1269, December 2007. DOI: 10.1080/00343400701543355</ref>

== Examples ==

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* [[Economic development]]

* [[Rural development]]

* [[Localism (politicalpolitics)]]

* [[Local development plansplan]]

==References==

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== External links ==

* [http://www.oecd.org/cfe/leed/trentocentre.htm OECD LEED Trento Centre for Local Development]

* [httphttps://wwwweb.archive.org/web/20140104213308/http://observalocal.com/ Observatory of Rural Development Venue and Employment]

* [http://www.ceidir.org/ Local development from below]

* [httphttps://wwwweb.archive.org/web/20160109090617/http://andaluciasostenible.com/ Basic Projects of Sustainable Local Development in Andalucia]

* [http://www.innovacionsocial21.org/ Local development and Social Innovation]

* [http://www.flacso.or.cr/ FLACSO - Costa Rica]