Stakeholding and the Local Economy

1996 ◽  
Vol 11 (1) ◽  
pp. 2-6 ◽  
Author(s):  
Rob Imrie ◽  
Stuart Wilks-Heeg
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Local Economic Development ◽  
National Level ◽  
New Left ◽  
Local Economy ◽  
New Right ◽  
Political Debates ◽  
Political Concern

During the 1980s local economic policy became an issue of major political concern. The polarisation of the New Right market‐led strategies advanced by the Thatcher governments and the New Left-inspired counter-response, typified by the last years of the GLC, reflected the tenor of national political and economic debates at the time. Arguably, in the 10 years since the abolition of the GLC, local economic development has been devoid (some might say spared) of any “big idea” arising from wider political debates. Recently, however, there have been signs that a new political direction may be emerging at the national level with significant implications for local economic policy. That direction is the notion of stakeholding.

scholarly journals Prediction of Urban and Rural Tourism Economic Forecast Based on Machine Learning

2021 ◽  
Vol 2021 ◽  
pp. 1-7
Author(s):  
Wusheng Zhou
Keyword(s):  
Time Series ◽  
Economic Development ◽  
Causal Relationship ◽  
Local Economic Development ◽  
Tourism Industry ◽  
Local Economy ◽  
Series Data ◽  
Economic Forecast ◽  
The Relationship ◽  
Tourism Revenue

With the rapid development of tourism, tourism revenue, as one of the important indicators to measure the development of the tourism economy, has high research value. The quasi-prediction of tourism revenue can drive the development of a series of related industries and accelerate the development of the domestic economy. When forecasting tourism income, it is necessary to examine the causal relationship between tourism income and local economic development. The traditional cointegration analysis method is to extract the promotion characteristics of tourism income to the local economy and construct a tourism income prediction model, but it cannot accurately describe the causal relationship between tourism income and local economic development and cannot accurately predict tourism income. We propose an optimized forecasting method of tourism revenue based on time series. This method first conducts a cointegration test on the time series data of the relationship between tourism income and local economic development, constructs a two-variable autoregressive model of tourism income and local economy, and uses the swarm intelligence method to test the causal relationship and the relationship between tourism income and local economic development, calculate the proportion of tourism industry, define the calculation result as the direct influence factor of tourism industry on the local economy, calculate the relevant effect of local tourism development and economic income, and construct tourism income optimization forecast model. The simulation results show that the model used can accurately predict tourism revenue.

scholarly journals Cluster-Based Local Economic Development (The Case of Cluster Development In Umbul Ponggok, Klaten)

2019 ◽  
pp. 369
Author(s):  
Nunuk Dwi Retnandari ◽  
David Merauje
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Local Economy ◽  
Community Based ◽  
Tourist Destination ◽  
Development Patterns ◽  
Management And Development ◽  
Banking Institutions ◽  
High Level ◽  
Superior Level

Local economic development is one of the means regional governments frequently employ to improve community welfare. However, improper management and development patterns would lead to failure in the implementation of economic development or outside communities may enjoy the benefits of economic development instead. Umbul Ponggok is a community-based tourist destination and it has, to this day, been capable of becoming a source of livelihood for most of the residents living in the area. The community’s involvement at every level of the decision making process and implementation guarantees continuity in the local economy they develop. Additionally, the transparent and accountable management in place ensures the high level of trust people have. Such superior level of trust and involvement was no overnight feat, persistence and wholeheartedness of initiators along with the support of various parties (university, banking institutions, NGO, and others) made certain that the numerous issues encountered were resolved, all challenges overcome, and every opportunity taken.

Bringing cheer to a depressed economy — Economic Development in N. Ireland

1987 ◽  
Vol 2 (1) ◽  
pp. 38-48
Author(s):  
Mike Morrissey ◽  
Frank Gaffikin
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
Critical Review ◽  
Local Economy ◽  
Alternative Strategy ◽  
The Future

In this, the first of two articles, the authors examine the particularly grim problems of the local economy in N. Ireland. They argue that such problems have to be understood in the context of N. Ireland's distinctive politics and administration. Following an assessment of economic development performance in recent decades, they conclude with a critical review of government strategies for the future. In the second article they intend to examine other local suggestions for economic policy, and to outline a “popular” alternative strategy.

Institutionalising local economic development practice in Ghana

2018 ◽  
Vol 33 (4) ◽  
pp. 405-420 ◽  
Author(s):  
Jonas A. Akudugu
Keyword(s):  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Development Planning ◽  
Participatory Development ◽  
Local Economy ◽  
Planning System ◽  
Bottom Up ◽  
Institutional Frameworks ◽  
Development Practice

In recent times, the term ‘local economic development’ has been conceptualised and introduced as a bottom-up participatory development strategy in Ghana. It is intended to be implemented at the district level to facilitate the revitalisation of the local economy and create jobs for local residents. Using in-depth interviews and the analysis of relevant policy documents, this paper evaluates efforts aimed at institutionalising the practice in local institutional frameworks and development planning practice in the country. The paper found out that processes aimed at institutionalising contemporary local economic development practice in Ghana are not making any meaningful impact. Institutional frameworks such as the structuring of development policymaking and planning in the country are still rigid and promote bureaucratic top-down development decision-making processes. Similarly, the promotion of a meaningful bottom-up decentralised planning system is only a well-packaged talk by policymakers in the country. Evidence shows that there is a clear lack of political will to implement reforms, particularly the new decentralisation policy that seeks to make District Assemblies in Ghana responsive to local economic development promotion. There is the need for a conscious effort towards making local economic development practice matter in national and local development endeavour in Ghana.

The Suez Company's Concession in Egypt, 1854–1956: Modern Infrastructure and Local Economic Development

2004 ◽  
Vol 5 (1) ◽  
pp. 107-127
Author(s):  
Caroline Piquet
Keyword(s):  
Economic Development ◽  
Middle Ages ◽  
Local Economic Development ◽  
Local Economy ◽  
Infrastructure Development ◽  
National Economic ◽  
European Business ◽  
Full Benefit ◽  
The One

For over a century in Egypt, the Suez Canal Company reflected the role of the concession in European economic expansion overseas. Concession was a European business practice widespread in Egypt; it was an institution inherited from a system of privileges for Europeans since the Middle Ages. It promised a way for Egypt to adopt modern infrastructures and receive needed European help for digging the canal. The results of the Suez Company are indisputable: the desert of the Suez Isthmus became a lively economic region with active ports, growing cities, and an expanding labor force. And the region was linked to the rest of the country by a new road network. At the same time, however, the concession system denied Egypt full benefit of this infrastructure. The canal served the financial and strategic interests of the company, not the interests of the local economy. This outcome embodied all the contradictions of the concession system: on the one hand, concessions were a necessity for modern infrastructure development in Egypt; on the other, they were a hindrance to further national economic development.

Research on the Coordinating Relations between Capital Airport and the Economic Development of Beijing

2014 ◽  
Vol 701-702 ◽  
pp. 1306-1309
Author(s):  
Shou Wen Ji ◽  
Jie Hu ◽  
Chun Fang Li
Keyword(s):  
Economic Development ◽  
Data Processing ◽  
Local Economic Development ◽  
Local Economy ◽  
Local People ◽  
Economic Data ◽  
Coordinated Development ◽  
Rapid Flow ◽  
Factors Of Production ◽  
The City

In the context of the era of speed economic, the airport as a quick means of transportation, promote the rapid flow of local people, capital, technology and other factors of production, promote local economic development, and development of the airport is also inseparable from the support of the local economy, Therefore, Use the airport and local economic data for data processing,and analyzing the degree of coupled development of airport and local economic scientifically, planning for further improving coordination between the airport and the city, and promoting coordinated development between them is important.

scholarly journals DIVERSIFICATION OF THE ECONOMIES OF THE EURASIAN ECONOMIC UNION IN THE CONTEXT OF STRUCTURAL POLICY

2018 ◽  
pp. 226-239
Author(s):  
А. MARGARYAN ◽  
A. TERZYAN ◽  
S. SOLODOVNICOV
Keyword(s):  
Economic Policy ◽  
Economic Development ◽  
National Level ◽  
Value Added ◽  
Innovative Development ◽  
Structural Policy ◽  
Member States ◽  
Eurasian Economic Union ◽  
Index 2 ◽  
Economic Union

The study of the situation not only in the global, but also in the national level suggests that there is no other way to implement sound and independent economic policy aimed to achieve balanced economic development based on innovation without assuring competition. In the present research is described only one side of competition – diversification of the economics in Eurasian economic union. Two questions are being discussed: 1) what will the diversification be like in the member states if the value added of sectors of economy is taken for a basis in a calculation of Ogive index, 2) what differences are available when these two (by employment and value added) ways of Ogive index calculations are compared. The results of the calculations for all member states of the union are provided some conclusions which are important not only in national, but also on the union level in the path of competitive and innovative development.

Peran Institusi Masjid dalam Pembangunan Ekonomi Lokal: Studi Kasus pada Masjid Jogokariyan Yogyakarta

2021 ◽  
Vol 2 (2) ◽  
pp. 174
Author(s):  
Emon Saputra ◽  
Dian Agustina
Keyword(s):  
Economic Development ◽  
Local Community ◽  
Local Economic Development ◽  
Local Economy ◽  
Small Communities ◽  
Study Approach ◽  
Marketing Process ◽  
The Government ◽  
Partnership Network ◽  
The Many

AbstractThis study is motivated by a phenomenon of the low level of welfare and the economy of the Indonesian people. The concept of Local Economic Development (LED) by utilizing local institutions in developing the economy can be one solution. This study aims to find out the role of the Jogokariyan Mosque institutions in efforts to develop the local economy. Yogyakarta Jogokariyan Mosque is one example of successful mosque institutions in efforts to encourage local economic development by looking at the effects of change and the many achievements. The type of this study is qualitative research, with a case study approach. The results show that there are four roles played by the Jogokariyan Mosque institutions in local economic development efforts, namely expansion of opportunities for small communities in employment and business opportunities, expansion for the community to increase income, empowerment of micro business institutions in the production and marketing process and institutional empowerment of partnership network between the government, private sector entity and local community. This study shows that the existence of mosques in Indonesia is very strategic and has the potential to overcome public problems, especially economic problems in local communities.AbstrakPenelitian ini dilatarbelakangi oleh fenomena rendahnya tingkat kesejahteraan dan perekonomian bangsa Indonesia. Konsep Pembangunan Ekonomi Lokal (PEL) dengan pemanfaatan institusi lokal dalam pembangunan ekonomi dapat menjadi salah satu solusi atas permasalahan tersebut. Penelitian ini bertujuan untuk menganalisis peran Masjid Jogokariyan Yogyakarta terhadap pembangunan ekonomi lokal. Masjid Jogokariyan Yogyakarta merupakan salah satu contoh insitusi masjid yang berhasil mendorong pembangunan ekonomi lokal terbukti dengan dampak perubahan dan banyaknya prestasi yang diperoleh oleh Masjid Jogokariyan Yogyakarta. Penelitian ini menggunakan metode penelitian kualitatif, dengan pendekatan studi kasus. Hasil penelitian menemukan bahwa terdapat empat dampak atas peranan yang dilakukan oleh institusi Masjid Jogokariyan dalam upaya pembangunan ekonomi lokal yaitu perluasan kesempatan bagi masyarakat kecil dalam kesempatan kerja dan usaha, perluasan bagi masyarakat untuk meningkatkan pendapatan, keberdayaan lembaga usaha mikro dalam proses produksi dan pemasaran dan keberdayaan lembaga jaringan kerja kemitraan antara pemerintah, entitas swasta, dan masyarakat lokal. Penelitian ini membuktikan bahwa keberadaan masjid sangat strategis dan potensial untuk mengatasi permasalahan publik khususnya masalah ekonomi di masyarakat lokal.

scholarly journals Municipal Local Economic Development and the Multiplier effect: Piloting a Community Enterprise Identification Method in South Africa and Namibia

1970 ◽  
Author(s):  
Lucienne Heideman
Keyword(s):  
South Africa ◽  
Economic Development ◽  
Low Income ◽  
Local Economic Development ◽  
Pilot Project ◽  
Local Economy ◽  
State Enterprise ◽  
Leaky Bucket ◽  
Multiplier Effect ◽  
Formal Employment

Local Economic Development (LED) is a contested concept in southern Africa, and has become synonymous with delivery of generic job-creation projects, often grant-dependent and unsustainable. Municipal LED has followed this pattern in South Africa since 1994, with little lasting success. Each local economy is unique, and has its own problems and opportunities. The ’Plugging the Leaks’ method recognizes that communities themselves know best how money enters and exits their area. By asking people to analyse their local economy as a 'leaky bucket', the method puts control back in the hands of local people, rather than external experts, and allows them to analyse their own local economy to identify gaps and opportunities for enterprise. By better networking and working collectively to improve their local economy, local communities are able to re-circulate cash internally. This circulation of cash is explained as the local multiplier effect in the workshops. A pilot process of running ‘Plugging the Leaks’ workshops in low income communities in South Africa and Namibia revealed that spending choices in these communities are severely limited in a context where there is no effective welfare state. Therefore, empowerment with this method came from the discovery of collective action and networking, rather than from individual spending choices. Local start-up business tends to be limited to survivalist and copy-cat one-person ventures, and are a last resort when formal employment is absent. In this context collective enterprise offers the necessary empowerment for people to attempt financially sustainable ventures that respond to a gap in the local economy. The pilot project is attempting to show that municipal LED staff can play the role of facilitator for initiating the enterprise-identification process and further mobilise state enterprise support agencies around the locus of LED, without crossing the line between facilitation and implementation of ’projects’.

scholarly journals IMPLIKASI PERLINDUNGAN INDIKASI GEOGRAFIS BERDASARKAN UNDANG-UNDANG NOMOR 20 TAHUN 2016 TERHADAP PENGEMBANGAN EKONOMI LOKAL

2018 ◽  
Vol 4 (1) ◽  
pp. 30-58
Author(s):  
Sudjana Sudjana
Keyword(s):  
Economic Development ◽  
Qualitative Data ◽  
Local Economic Development ◽  
Local Economy ◽  
Geographical Indications ◽  
Geographical Indication ◽  
Legal Certainty ◽  
Depth Analysis ◽  
The Subject ◽  
Potential Impact

This study discusses, on the basis of analysis of Law No. 20 of 2016, the potential impact of Geographical Indication protection to local economy. By tracing other relevant laws and regulations, using in depth analysis of existing literature and other relevant qualitative data on the subject matter, the author argues that: (1) Law No. 20 of 2016 compared to the Law it replaces it more sufficient to provide protection and legal certainty to Geographical Indication beneficiaries; (2) Quite a number of potential Geographical Indications exist in Indonesia which deserve protection, especially in relation to its potential to support local economic development.

Sign in / Sign up

Export Citation Format

Share Document