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'''Local Economic Development''' ('''LED''') is an approach to [[economic development]], of note in the [[developing world]] that, as [[local economy| its name implies]], places importance on activities in and by cities, districts and regions. 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, 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.<ref>http://web.worldbank.org/WBSITE/EXTERNAL/TOPICS/EXTURBANDEVELOPMENT/EXTLED/0,,contentMDK:20185186~menuPK:399161~pagePK:148956~piPK:216618~theSitePK:341139,00.html</ref>
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There are more definitions out there. Many countries, development organisations and even locations have created their own definitions.
According to Mpho Chauke, a 3rd year Urban and regional planning at Wits University
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