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Line 1: '''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 ~~gays~~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==

Local economic development: Difference between revisions