Local economic development: Difference between revisions

Revision as of 09:56, 7 November 2012

Revision as of 11:39, 26 November 2012

Line 1:

'''Local Economic Development''' (LED) is an approach to development, particularly in the Developing World that, as its name implies, places importance on activities in and by cities, districts and regions.This involves added micro-economic measures at the local level to complimentcomplement macro-economic measures at the national level. 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>

==The approach==