|
Session
Five and Six - Workbook
Module:
Local Economic Development
Introduction
1.1
Welcome
Welcome
to the Module on Local Economic Development
In this module we
introduce you to Local Economic Development (LED). Local economic development
is about local communities working together to achieve sustainable economic
growth. The aim is to bring economic benefits and quality of life improvements
for all in the community. Local governments have a key role to play
in mobilizing all elements of a city to achieve economic success.
1.2
Aims of module
In this module we
aim to develop an understanding of local economic development. The focus
will be on helping you understand your local economies and how cities
can design, develop and implement comprehensive local economic development
strategies to promote sustainable economic growth and job opportunities.
1.3
Learning objectives
At the end of this
workbook you will be able to:
- Define local economic development
- Outline the economic challenges facing cities
- Outline the process for developing and implementing a local
economic development strategy
- Describe the local economic development options available to
cities and discuss the advantages and disadvantages of each
- Describe the links between the local economic development strategy
and the city's goals
- Describe the processes to involve stakeholders in the local
economic development process.
In order to accomplish
these objectives we have developed the following lesson plan for this
workbook.
1.4
Lesson plan
In Section Two we
provide the context for local economic development. The section provides
a definition of LED and describes the local, national and regional drivers
that are impacting on the economies of cities. We also discuss the relationship
between LED strategies and other city plans.
In Section Three
we describe the key stages of LED planning and offer suggestions on
how you can involve key stakeholders in the process to ensure full commitment
from all elements of your city. The section also describes some potential
delivery options for LED.
The final section
of the workbook outlines a broad range of number of LED strategies and
details many activities a city could consider when seeking to implement
LED plans. The section aims to provide you with practical options for
LED implementation.
1.5
Before you begin…
Before you begin
the workbook we would like you to reflect a little on your own situation.
Please complete the following activity.
|
Activity
1:
1.
Does your city have a local economic development plan? If so,
what are the major economic strategies contained in that plan?
2.
Consider the economic development activity in your city over the
last five years (planned or unplanned). Identify three major projects
(e.g. establishment of an industrial estate, redevelopment of
a site. What have been the economic benefits to your city for
each of these projects (e.g. employment generation, new businesses
etc)?
a.
b.
c.
|
Back
to top
|
\
