Theories Of Local Economic Development Research Articles

The Conception of Local Economic Development as an Instrument for Sustainable Economic Growth of Territories: Ukrainian Aspect

The aim of this article is to study the conception of local economic development as an instrument for sustainable economic growth of territories in the context of decentralization, including the process of implementation of foreign experience of this conception in Ukrainian realities. The article analyzes modern theories of local economic development. An analysis of the definition of the concept of «local economic development», key elements and basic principles is carried out. The main barriers that hinder local economic development are noted, namely: financial and economic, innovative, social, environmental, political, lack of motivation and controlling system, as well as institutional barrier. The key risks characteristic of the general goals of local economic development are studied, including: risks of physical capital; risks associated with technological innovations; human capital risks; social capital risks, as well as risks related to the macroeconomic environment; risks related to the technological environment; ecological risks; risks associated with the cultural environment; infrastructure-related risks and political and legal risks. The key stakeholders of local economic development have been identified, which include: the government, local self-governments, non-profit organizations, business organizations, international organizations and the population. An analysis of the activities of stakeholders in the measurement of international trends is carried out. The advantages for the development of territories through the use of the conception of local economic development are substantiated. It is proved that the implementation of the conception of local economic development, taking into account the positive experience of foreign countries, will accelerate the development of the domestic economy and reduce the negative dynamics of destructive changes due to military aggression on the territory of Ukraine.

СОЦІАЛЬНО-ЕКОНОМІЧНИЙ РОЗВИТОК ТЕРИТОРІАЛЬНИХ ГРОМАД: ЗАРУБІЖНИЙ ДОСВІД

Дана стаття присвячена висвітленню наукових положень світового досвіду забезпечення сталого розвитку територій з обґрунтуванням ключових моментів для використання вітчизняними об’єднаними територіальними громадами. В процесі дослідження обґрунтовано сутність поняття «економічний розвиток громади» у поглядах зарубіжних вчених, висвітлено генезис підходів до забезпечення розвитку локальних територій. Досліджено основні складові та параметри соціально-економічного розвитку громад у зарубіжній практиці. Узагальнено теоретичні підходи щодо економічного розвитку територій та сформовано перелік теорій місцевого економічного розвитку, розроблених світовою науковою спільнотою. Виокремлено ключові засади місцевого соціально-економічного розвитку на основі зарубіжного досвіду і визначено основні шляхи їх забезпечення у вітчизняних об’єднаних територіальних громадах.

The practice of local economic development andMaqāṣid al-Sharī‘ah

This paper aims to study the Pesantren’s role in alleviating the poverty in rural region, and the discussion is connected to the theory of local economic development and Maqāṣid al-Sharī‘ah.,This paper engages a case study and an interview to get insight into the subject matters.,This study finds that the roles of an entrepreneur and a stimulator are evident from the sampled Pesantren in empowering the local economy and the underprivileged community. Further, inasmuch as the fundamental concept of local economic development is in line with Maqāṣid al-Sharī‘ah, the evidence from the sampled Pesantren is also representative of its role in actualising it. This study is relevant for academics, local government in Indonesia and other related stakeholders.,This paper credits both theoretical and practical implications for academics and the government. Firstly, by discussing the concept of prosperity from the Western and Islamic perspective, this paper creates a notion that these theories are harmonisable. Secondly, by sampling a Pesantren to draw how these two concepts are applied to advance a rural economy, this paper comes out with the hands-on advice for Indonesian government to legally engage with the existing Pesantrens to perform its rural development programmes.,While a Pesantren’s role in empowering a disadvantaged community is comprehensively investigated, an accurate evidence is documented which can best challenge its radicalism and terrorism issues.,This is the first study to harmonise the theory of local economic development and Maqāṣid al-Sharī‘ah and presents the practical evidence from a Pesantren.

Cooperación Territorial y Desarrollo: una mirada desde la escala transregional y de los espacios metropolitanos, rurales y turísticos

O artigo aborda a questão da cooperação territorial como um principio e requisito necessário para um melhor desenvolvimento local e regional. Sustenta-se o argumento de que tão importante quanto o desenho de políticas com o objetivo de desenvolvimento territorial sustentável (o quê) é a maneira pela qual estas são decididas, projetadas e, acima de tudo, aplicadas (o como). O texto é dividido em três grandes blocos. A primeira trata da cooperação como uma categoria transversal que se aplica a partir de três abordagens: governo e administração do Estado, teorias do desenvolvimento econômico regional e local, e do ponto de vista do planejamento e da coesão territorial; e em diferentes escalas, portanto, de natureza multinível e cobertura geográfica diversificada (internacional, europeua, espanhola e valenciana). Nas duas seções seguintes, são exemplos de experiências de cooperação e resultados obtidos (em diferentes escalas e entre diferentes atores e instituições.) como uma ferramenta para o desenvolvimento territorial em áreas rurais, primeiro, e turísticas, depois. O texto termina com uma breve síntese final.

Eszközöktől a jóllétig. A helyi gazdaságfejlesztés körvonalai a képességszemléletben

A legtöbb szerző egységesen a helyi gazdaságfejlesztés céljaként a helyben élők helyzetének javítását jelöli meg. Ugyanakkor nem tisztázzák sem azt, hogy mit értenek a helyben élők jólétén, sem pedig azt, hogy a javasolt beavatkozások hogyan hatnak arra. Tanulmányunkban a helyi gazdaságfejlesztés jólétértelmezését fejtjük ki az egyik legnagyobb hatású kortárs közgazdaságtani/filozófiai gondolatrendszer, a képességszemlélet alapján. Azt vizsgáljuk, hogy a jólét fogalmával kapcsolatos különböző előfeltevések hogyan befolyásolják a helyi gazdaságfejlesztés célját, fókuszát és munkamódszerét.Tanulmányunkban megmutatjuk, hogy a képességszemléletre alapozott helyi gazdaságfejlesztés jelentősen különbözik az általunk eszközorientáltnak nevezett modelltől. Szemben az értéksemlegesnek és objektívnak gondolt szokásos fejlesztési megközelítésekkel, a képességszemlélet-alapú helyi gazdaságfejlesztés emberi értékeket középpontba állító, nyíltan értékvezérelt, közösségközpontú megközelítést kínál. Amellett érvelünk, hogy a képességszemlélet melletti elköteleződés nagyban segítheti a helyi fejlesztésekkel kapcsolatos kudarcok megértését és hozzájárulhat ahhoz, hogy olyan megoldások szülessenek, amelyek az eszközorientált modellben felismerhetetlenek. Rámutatunk arra is, hogy az érintettek aktív részvétele (a problémafeltárástól kezdve egészen a megoldások megtalálásáig és végrehajtásáig) a fejlesztés eredményétől függetlenül is értékes tevékenység, amely elősegítheti a helyi gazdaságfejlesztés sikerét.

Agriculture and local economic development: a case study of uMshwathi

Local economic development (LED) is a process encompassing mobilisation of resources for competitive advantage by locally-owned or managed courses of action, identified through participation and social dialogue, in a strategically defined territory. LED based on sound business principles can contribute to economic growth, job creation and poverty alleviation. The South African Constitution mandates LED to municipalities. Agriculture remains one of the most labour-intensive goods-production sectors with substantial employment linkages. The study centres on whether agriculture can provide an effective strategy for LED in uMshwathi Local Municipality, District Municipality of uMgungundlovu, KwaZulu-Natal, using the research method of the case study and secondary data. LED theories applied embody the principle of value-adding risk management. Locational development-inducing factors and high potential agricultural land for smallholder and organic farming provide comparative and competitive advantage. Agriculture’s significant role to accelerate LED in uMshwathi is confirmed. A grand strategy and functional strategies are proposed.

Local Economic Development: Linking Theory and Practice in South Africa’s Local Municipalities

The purpose of this paper is to assess the linkage between the theory of Local Economic Development (LED) and its application in South Africa during the 20 years of democratic dispensation. The responsibilities of local government in South Africa include the promotion of social, economic, cultural and political transformation of all the communities. The concept of LED became acceptable as a locally-based planning instrument in response to poverty, inequality and unemployment challenges that are currently crippling local municipalities and communities in South Africa. Local municipalities are therefore required through various legislative frameworks to develop and implement LED as a strategic tool that could be used to address social and economic challenges within their areas of jurisdiction. These frameworks are intended to create conducive environment for effective preparation and implementation of LED strategies. Theoretically, LED is viewed as an outcome based on local initiatives driven by local stakeholders that involve identifying and using local resources, skills and ideas as well as economic opportunities to promote economic development. However, the recent practice in terms of LED in the majority of municipalities in the post-apartheid South Africa appears to reflect a disjuncture between LED theory and its operation. The paper argues that if such disparities exist, the realisation of LED objectives in municipalities would be impaired. DOI: 10.5901/mjss.2014.v5n20p218

¿De arriba hacia abajo o de abajo hacia arriba? Un análisis crítico de la planificación del desarrollo en América Latina

This article explores the transformations in developmental planning policies throughout the 20th century ―with a special focus on the changes occurred within the discipline known as “developmental planning”―. To be more precise, changes in the approaches within this field of study will be examined ―including “top-down” and “bottom-up” perspectives―. To that end, I will review the defining features of approaches such as “balanced growth”, “unbalanced growth” and the “theory of growth poles”. Likewise, I will deal with the main tenets of the theory of local economic development, its strengths and weaknesses, where I will pay special attention to the Latin American experience. Finally, this article will ponder over the necessity to construct new conceptual frameworks that help to transcend controversies and to learn from past experiences.

The role of service delivery in local economic development: A case study of Mamelodi Township

This study aimed to provide a better understanding of the relationship between service delivery and local economic development (LED). It investigated the extent to which service delivery in Mamelodi has contributed to employment and business development. It examined the local economic development theories and evaluated the historical development and evolution of LED in the world, Africa and South Africa. The study also determined, through assessment of available information, whether or not some of the areas in Mamelodi were receiving services from the municipality or local government to sustain local economic development. The method used in the study is deductive since it starts with reviewing literature on the relationship between service delivery and LED in the world and proceeds to Mamelodi Township. The study found that there is a strong relationship between service delivery and LED. Key words: Service delivery, local economic development, LED theories, Mamelodi Township, employment creation, sustainable development.

Review of Economic Development Texts

This article is a review of four economic development textbooks: John P Blair's Local Economic Development: Analysis and Practice, John Levy's Economic Development Programs for Cities, Counties, and Towns, EdwardBlakely's Planning Local Economic Development, and Richard D. Bingham's and Robert Mier's Theories of Local Economic Development: Perspectives From Across the Disciplines. The author reviews each of these works in terms of its strengths and weaknesses as a learning tool.

Book Reviews

Book reviewed in this article:Peter Hayes and Kirk Smith (eds), The Global Greenhouse Regime:Martin Carnoy, Manuel Castells, Stephen S. Cohen, Fernando Henrique Cardoso, The New Global Economy in the Information Age: Reflections on our Changing WorldKeith Griffin and Azizur Rahman Khan, Globalization and the Developing World: An essay on the international dimensions of development in the post‐Cold War eraPiers Blaikie, Terry Cannon, Ian Davis and Ben Wisner, At Risk. Natural hazards, people's vulnerability, and disasters.David G. Westendorff and Dharam Ghai (eds), Monitoring Social Progress in the 1990sPer Lind, Computerization in Developing Countries: Model and Reality.Olav Stokke (ed.), Evaluating Development Assistance: Policies and Performance.P. O. Pedersen, A. Sverrisson and M. P. van Dijk (eds), Flexible Specialization.Edward G. Goetz and Susan E. Clarke (eds), The New Localism: Comparative urban politics in a global era.Richard D. Bingham and Robert Mier (eds), Theories of Local Economic Development: Perspectives from across the disciplines.‘Atu Emberson‐Bain’, Labour and Gold in Fiji. Cambridge:Brij V. Lai, Broken Waves: A History of the Fiji Islands in the Twentieth Century.Yanrui Wu and Xiaohe Zhang (eds), Chinese Economy in Transition. Canberra:Linda Low et al. (eds), Challenge and Response:David R. Phillips (ed.), Ageing in East and South‐East Asia, Research Studies in Gerontology.Nandini Dasgupta, Petty Trading in the Third World: The Case of Calcutta.Stanley Lalta and Marie Freckleton (eds) Caribbean Economic Development—The first generation, Kingston, Jamaica:Peter Wade, Blackness and Race Mixture. The Dynamics of Racial Identity in Colombia. Baltimore and London:Sarah A. Radcliffe and Sallie Westwood (eds) ‘VIVA’, Women and Popular Protest in Latin America.Javier Gonzalo Alcalde, Development, Decay and Social Conflict.Thomas Carothers, In the Name of Democracy: US Policy Toward Latin America in the Reagan Years. Berkeley:Jeffry A. Frieden, Debt, Development and Democracy: Modern Political Economy and Latin America,Aderanti Adepoju and Christine Oppong (eds), Gender, Work and Population in Sub‐Saharan Africa. London: James Currey;Eliphas G. Mukonoweshuro, Colonialism, Class Formation and Underdevelopment in Sierra Leone.J. S. Eades, Strangers and Traders: Yoruba Migrants, Markets and the State in Northern Ghana.C. R. Cutshall, Justice for the People. Community Courts and Legal Transformation in Zimbabwe.Yusif A. Sayigh, Elusive Development: From Dependence to Self‐Reliance in the Arab Region.Jean‐Pierre Potier, Pierro Sraffa—unorthodox economist (1898–1983). A Biographical Essay.

Theories of local economic development: perspectives from across the disciplines

PART ONE: LOCATION AND SPACE THEORIES Location Theory - John P Blair and Robert Premus Theories of Regional Development - Arthur C Nelson PART TWO: SPACE-BASED STRATEGIES Applying Theory to Practice in Rural Economies - Marie Howland The Economic Development of Neighborhoods and Localities - Wim Wiewel, Michael Teitz and Robert Giloth Ghetto Economic Development - William Woodbridge Goldsmith and Lewis A Randolph PART THREE: LABOR AND CAPITAL THEORIES Labor Force, Education, and Work - Joan Fitzgerald Theory and Practice in High-Tech Economic Development - Harvey A Goldstein and Michael I Luger PART FOUR: POLITICAL AND SOCIAL THEORIES Political Economy and Urban Development - C Scott Holupka and Anne B Shlay Race and Class in Local Economic Development - John J Betancur and Douglas C Gills PART FIVE: ORGANIZATION AND PROCESS Citizenship and Economic Development - Elaine B Sharp and Michael G Bath Technology Transfer and Economic Development - Julia Melkers, Daniel Bugler and Barry Bozeman Theories of Entrepreneurship - Timothy Bates PART SIX: THEORETICAL PERSPECTIVES Constituting Economic Development - Robert A Beauregard A Theoretical Perspective Metaphors of Economic Development - Robert Mier and Richard D Bingham

Book Review: Theories of Local Economic Development: Perspectives from across the Disciplines

Book Review: Theories of Local Economic Development: Perspectives from across the Disciplines

Theories of Local Economic Development: Perspectives from Across the Disciplines Edited by Richard D. Bingham and Robert Meir. London: Sage Publications, pp. 319.

Theories of Local Economic Development: Perspectives from Across the Disciplines Edited by Richard D. Bingham and Robert Meir. London: Sage Publications, pp. 319.