scholarly journals Baukultur, Culture and Recreation-led Economic Development: The value of developing Sundre, Alberta’s qualities of living and place

2019 ◽  
Vol 18 ◽  
pp. 124
Author(s):  
Jonathan Allan

<p>What are the most important factors related to economic development? This paper explores the essential variables necessary for destination development and inward direct investment. These variables include: quality of living, quality of infrastructure, and quality of workforce. Quality of living is considered the most important of these to spur on economic development. Many business operators would rather live where they invest making quality of place an equally important variable that is intrinsically linked to quality of living. Destination development through place-building techniques, informed by the concept of <em>baukultur,</em>is assessed using quality of living, economic development and economic diversification as markers. Quality of living and quality of place are inherently connected when attracting business and growing employment, therefore, these two terms will be referred to as QLP throughout this paper..  Intended to help program and policy planners understand these concepts, this paper will explore cases of successful exercises of destination development that involve recreation and culture-oriented place building. The paper will then look at how to apply learned QLP concepts toward a culture- and recreation-led economic development strategy for the small foothills community of Sundre, Alberta. </p><p><strong>Keywords: </strong>place building, quality of place, quality of living, <em>baukultur</em>, QLP, development, economic development, destination development, inward direct investment, creative class</p>

2019 ◽  
Vol 2 (2) ◽  
pp. 88-100
Author(s):  
Umaru Mustapha Zubairu ◽  
Ruth Kolo ◽  
Hadiza Umar ◽  
Asma'u Usman ◽  
Yakubu Mustapha ◽  
...  

Economic Gardening is an innovative economic development strategy whereby local businesses are fostered and encouraged, and the skills of local workers are upgraded. Since its inception in Littleton, Colorado in 1989, this concept has been put forward by various scholars as a viable and more sustainable economic development strategy than the traditional business attraction strategy. Various implementation experiences have provided further evidence of its effectiveness in improving the quality of life of the inhabitants of a community. This paper charts a roadmap for the development and future implementation of an economic gardening strategy for a Nigerian local government whose officials have shown an interest in adopting such a strategy. A seven-step process was adopted from a review of economic gardening scholarship: 1) Working hand-in-hand with local government officials and other stakeholders, 2) Identifying the community’s assets, 3) Developing a collaborative effort amongst all stakeholders, 4) Developing a clear and transparent operating agreement, 5) Identifying the key targets for services, 6) Developing an effective way to deliver these services, and 7) Communicating regularly with the community so as to gain and retain their support. A lack of political will and a lack of adequate infrastructure were identified as the two biggest obstacles to the successful implementation of the economic gardening strategy in the local government. The first obstacle was mitigated by the fact that it was the local government officials who approached our team to develop the strategy, whilst the second obstacle was mitigated by a proposal for the development of a solar farm within the local government via a public-private partnership with an international solar firm. It is hoped that a successful implementation of this strategy will improve the lives of the inhabitants of the local government and serve as an example for other Nigerian local governments.


2003 ◽  
Vol 4 (1) ◽  
pp. 103-128
Author(s):  
Young Kyu Jeong

This study analyzes the changes and characteristics of economic cooperation between Korea and Indonesia during the period from 1980 to 2002. Gross trade and direct investments are studies here, as well as ODA such as per categomes, field, in order to understand Korea- Indonesia’s economic cooperation.Crude oil, gas and other natural resources took up the greatest portion of Indonesia exports until the 2002, Since the mid-1980’s, exports have grown by a large margin owing to the nation’s export.oriented economic development strategy and stabilization of oil prices. Trade and direct investment showed a continuous increase throughout the period, with the exception of a temporary decrease in 1997 economic crisis. The result of trade, investment and ODA shows that Indonesia and Korea very important country for economic growth.


2008 ◽  
pp. 119-130 ◽  
Author(s):  
V. Senchagov

The core of Russia’s long-term socio-economic development strategy is represented by its conceptual basis. Having considered debating points about the essence and priority of the strategy, the author analyzes the logic and stages of its development as well as possibilities, restrictions and risks of high GDP rates of growth.


2003 ◽  
Vol 10 (1) ◽  
pp. 53-69 ◽  
Author(s):  
Clive Edwards

The objective of this paper is to analyse key elements of the development strategy of Singapore since the mid–1960s. The paper describes the economic challenge faced by Singapore in the mid–1960s, overviews contemporary world trends in foreign direct investment, and uses competitiveness constructs developed by Michael Porter (1985) to clarify key stages in the evolution of Singapore's development strategy. The paper argues that the strategy has been successful because of unremitting top priority given to it by Singapore's political leadership and because the political leaders charged a single organisation, the Economic Development Board (EDB), with absolute authority to develop and implement the strategy. The paper concludes with implications for Queensland's Smart State initiatives.


Author(s):  
Riri Lestari

Abstract The purpose of this research is to create Economic Development Strategy in Halal Tourism Area in Sembalun of East Lombok Regency and formulate economic development strategy by doing analysis of AHP (Analythical Hierarchy Process). How to take informants in this study using Purposive Sampling. Based on the results of the analysis and discussion that has been done before, the strategy of Economic Development of Halal Tourism Area In Sembalun, East Lombok Regency is still in the low category seen from the income of society and life is still very simple. To overcome these problems then need some strategies that are growth strategy, development strategy and equity, and strategy with insight of space. The criteria for economic development are 1) capital assistance for society (0.863) 2) IT based technology (0.819) 3) Increasing employment opportunities for the community (0.781) 4) Higher education 0.716 5) Reducing Unemployment (0.673).


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