Local economic development: Difference between revisions

Revision as of 19:41, 5 September 2014

Revision as of 13:52, 31 May 2015

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'''Local Economic Development''' (LED) is an approach to [[economic development]], particularlyof note in the [[developing world]] that, as [[local economy|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 complement 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>

==Approach==