Pro-poor Local Economic Development and the demand for economic growth

2020 ◽  
pp. 229-242
Author(s):  
Ashley Gunter
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development

scholarly journals Sustainable Local Economic Development in Tanzania: Exploring Economic Challenges in Growing the Economy

2021 ◽  
Vol 11 (2) ◽  
Author(s):  
Kaihula P. Bishagazi
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Local Development ◽  
Economic Policies ◽  
Economic Activities ◽  
Top Down ◽  
Growth Center ◽  
The Government

The failure of macro-economic policies to deliver meaningful reductions in poverty and achieve basic needs in Tanzania has provoked a deep questioning of the relevance of economic growth center policies in Local Economic Development (LED). The government and development partners are increasingly shifting from the traditional top down approaches to the all-inclusive bottom up approaches for effective local development. The concept of sustainable Local Economic Development is thus examined in the context of economic activities and challenges using a case study of Shinyanga region in Tanzania. 

Distributional effects of distinct aid types on local economic development in Malawi: new evidence

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nixon Shingai Chekenya ◽  
Canicio Dzingirai
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Aid Effectiveness ◽  
Assessment Model ◽  
Policy Implications ◽  
Sufficient Evidence ◽  
Distributional Effects ◽  
Content Type ◽  
Geographical Locations

PurposeThe anecdote of this paper is to bring the aid effectiveness debate to the sub-national level using the change in night lights as an alternative measure of economic activity. We observe non-robustness of results regarding the effects of aid types on development in antecedent literature to arise due to the effects of aid being treated as a unitary component. provoked by such insightful observation and literature deficiency we employed geocoded data to examine Causal links between the varying types of aid and local economic development in Malawi.Design/methodology/approachThe main objective of the empirical examination is to examine the distributional effects of distinct aid types in local towns in Malawi. For that purpose, the authors thus have a panel dataset for each aid type indicator. Allowing for fixed time and town effects, the baseline light density growth regression model to estimate the effectiveness of disentangled aid on night light intensity was accomplished by employing a spatial dynamic panel data (SDPD) approach with instrumentation. Thus, panel regressions were performed to investigate both conceptual and policy implications.FindingsCross-city evidence shows that category aid type brings both negative and positive results depending on location within a country. There are cities and locations where certain aid type(s) does not matter whereas it matters most in some. This speaks to different levels of growth between different regions and cities in Malawi. As a result, we observe the size of the effect of distinct aid type(s) on economic activities to vary (increase/decrease) with the size of the location.Research limitations/implicationsIt may be interesting to generalize results from this study to a panel case over long periods of time using dynamic modelling with both threshold analysis and interaction effects Institutional factors need also to be includes in similar analyses. The authors leave this for a follow-up study. Second, the most immediate opportunity is application of the methodology to the other countries with geo-coded AidData. The authors expect to expand the analysis by taking into account other determinants of aid effectiveness at the local level, including the characteristics of donors and varieties of targeted development programmes.Practical implicationsResults in some geographical locations and towns indicate that the authors do not have sufficient evidence to reject the null hypothesis of the research study at 5% level. However, other geographical locations like Zomba indicate that aid category has a significant bearing on local economic growth. Therefore, as opposed to unitary aid approaches, we recommend distribution of relevant disentangled growth-enhancing aid type to specific administrative regions but with a bias toward smaller socially and economically deprived regions and towns.Social implicationsThe unique insight from this study is that foreign aid-growth benefits are symmetric and skewed toward large towns. If such unbalance aid-growth benefits anomalies are not addressed in a transparent manner it has the possibilities of promoting interregional migration which from Nielsen et al. (2011) and Findley et al (2011)'s evidence might trigger regional tensions and violent armed conflicts. Thus, there is need for equitable distribution of social and economic developmental aid free from political or ethnic inclination but based on transparent needs assessment model(s). Locations where social and developmental aid types seem to have negative or no effect serves as a salient indicator of aid leakages due to rent seeking tendencies of bureaucrats or weak institutions which ultimately pose welfare burden on citizens.Originality/valueApart from contributing to the extant literature on aid and economic growth, this paper relates to at least three other strands of research. First, the work partially answers a call by Minoiu and Reddy (2010), Schmid (2013) and Khomba and Trew (2019) for researchers to examine the growth effects of distinct aid types on local economic development. Second, the increase in aid volumes to Africa and the worsening of economic conditions has been the subject of considerable interest amongst development economists (e.g. Ravenhill, 1990; Lancaster, 1999; Easterly, 2003; Bräutigam and Knack, 2004 and Collier, 2006). This makes the use of a major aid recipient developing economy (Malawi) as a laboratory an anecdote. Third, use of disaggregated as opposed to unitary aid data with an African flavour.

scholarly journals KESESUAIAN SENTRA INDUSTRI BATIK MASARAN KABUPATEN SRAGEN SEBAGAI SENTRA INDUSTRI KREATIF KERAJINAN

2017 ◽  
Vol 7 (2) ◽  
pp. 59
Author(s):  
Az Zahra Hemas Merdekawati ◽  
Soedwiwahjono Soedwiwahjono ◽  
Rufia Andisetyana Putri
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Industrial Sector ◽  
Creative Industries ◽  
Local Economy ◽  
Economic Sectors ◽  
Scoring Method ◽  
Analytic Hierarchy ◽  
Industrial Center

<em>Regional economic growth can not be separated from the contribution of economic sectors, one of them is industrial sector. Development of information and technology change society becomes more critical creating creative and innovative human resources including in the industrial sector, known as the creative industries. On the other hand, efforts to accelerate economic growth through local economic development (LED) can be supported by the activities of industrial centers. Therefore, the application of the concept of the creative industrial centers can support the region's economic growth, especially through economic development locally owned by an area. Masaran Batik Industrial Center is one axis of the local economy in Sragen. This industrial centers has contributed greatly to the Sragen District is in employment and increase in revenue. Local economic growth of Masaran Batik Industrial Center can be increased by applying the concept of creative industries center in particular craft subsector. To that end, the purpose of this research is to find out the conformity ofMasaran Batik Industrial Center as a creative craft industrial center, as a whole and based on 14 criteriasof creative craft industrial center. The method in this study using quantitative analysis techniques, which consists of the scoring method, Analytic Hierarchy Process and the ssubstitution of equation. The results of this study stated that Masaran Batik Industrial Center included in the appropriate closer classification as a creative craft industrial center. It is caused by two criteria thataren’t included in the appropriate classification, such as accessibility and infrastructure. Therefore, these criteria need to be upgraded to fit creative craft industrial center in Masaran Batik Industrial Center</em>

scholarly journals Probing the efficacy of local economic development in South African Municipalities: A case of POLOKWANE local municipality

2021 ◽  
Vol 12 (01) ◽  
Author(s):  
CM Mashabela ◽  
Keyword(s):  
Economic Growth ◽  
South Africa ◽  
Economic Development ◽  
South African ◽  
Local Economic Development ◽  
Local Economy ◽  
Primary Data ◽  
Research Approach ◽  
The Government ◽  
The Impact

The government of South Africa adopted Local Economic Development (LED) as part of its development policy in its quest for an inclusive economic development and growth. LED is intended to create a conducive environment for an inclusive local economy. However, unemployment and poverty rates are high in local communities with some SMMEs struggling to secure funding. Although municipalities do not create jobs directly through LED, they should, however, ensure that strategies implemented talk to inclusive economic growth, particularly the mitigation of unemployment and poverty rates. The purpose of the paper is to investigate the efficacy of LED in South African municipalities. The paper aims to evaluate and analyse the impact of implementing LED in South Africa. The quantitative research approach was adopted, and questionnaires were utilised to collect primary data. The paper found that LED in South Africa produces desired results at a low rate in that only a small fraction of the participants agrees that the municipality facilitates funding for SMMEs; only a small fraction of the participants is of the view that LED units provide adequate infrastructure and create industries. Moreover, the paper found that only a fraction of the participants is able to create job opportunities. Consequently, the paper recommends that municipalities should facilitate SMMEs funding, provide adequate infrastructure, develop industries and design LED strategies that enhance job creation. The paper argues that effective measures of implementing LED will enhance LED impact rate and fast track the prospects of inclusive economic growth in South African municipalities.

scholarly journals More employers, more jobs, more money: An empirical analysis of local economic development policy impacts in US cities

2007 ◽  
Vol 54 (4) ◽  
pp. 445-467 ◽  
Author(s):  
Stuart Strother
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Development Policy ◽  
Local Economic Development ◽  
Tax Base ◽  
Data Set ◽  
Economic Development Policy ◽  
Development Policies ◽  
The Relationship ◽  
Us Cities

Local government leaders in the U. S. employ a multitude of programs and policies in the name of economic development to increase the number of firms, employment, wages, and, of course, the tax base. The past few decades have seen a surge in local economic development policies, yet research analyzing their effectiveness is sparse. This study analyzes the relationship between local economic development policy and economic growth in a data set of 412 U. S. cities. Results indicate that policy has only has a weak correlation with economic growth, suggesting that growth is determined more by market conditions rather than government intervention. The article concludes with an entrepreneurial policy approach this author believes may yield development results in an era of limited policy effectiveness.

scholarly journals Analysis on Periodic Fluctuation of Economy at County Level

2021 ◽  
Vol 2 (6) ◽  
Author(s):  
Bing Zhang
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Comprehensive Understanding ◽  
Economic Cycle ◽  
High Quality ◽  
Periodic Fluctuation ◽  
Depth Analysis ◽  
Reform And Opening Up ◽  
Opening Up

On most occasions, economic development is embodied with periodic characteristics. Comprehensive understanding of the economic cycle is of great significance to guiding the formulation of macroeconomic policies and maintaining stable economic growth. Since the reform and opening up, Tengzhou's economy has maintained a momentum of rapid growth, which, however, is characterized by obvious periodic fluctuations. This paper makes an in-depth analysis of the characteristics and causes of economic periodic fluctuation in Tengzhou, in order to have a comprehensive understanding of the economic cycle, and the economic law is adopted to take corresponding economic growth measures in different periods of economic development, thus achieving high-quality economic development. In this paper, the study of county economic cycle is not subject to economic theory, rather the study is conducted with a large number of historical background and local economic development characteristics. The economy of Tengzhou City, since the reform and opening up, is divided into five cycles. The conclusion is drawn that the county economic cycle is affected by macroeconomic fluctuations, industrial structure adjustment, investment and consumption fluctuations and other factors. We put forward targeted suggestions on using the economic cycle to promote high-quality economic development.

scholarly journals O desenvolvimento econômico local: da perspectiva econômica a perspectiva sociocultural / The local economic development: of the economic perspective the sociocultural perspective

2017 ◽  
Vol 27 (49) ◽  
pp. 304
Author(s):  
Juliano Strachulski
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Economic Development ◽  
Local People ◽  
Competitive Advantages ◽  
Sociocultural Perspective ◽  
Economic Perspective

<p>Este texto buscou articular algumas considerações acerca do desenvolvimento econômico local (DEL), apresentando definições e procurando compreendê-lo a partir da perspectiva econômica e sociocultural, destacando o que representam estas perspectivas. Neste sentido, foi possível compreender que o DEL sob a perspectiva econômica visa promover o crescimento econômico, considerando as especificidades locais como vantagens competitivas. Já a perspectiva sociocultural prioriza a participação da população local na construção de um projeto de DEL. A partir das definições de DEL se percebe que a perspectiva econômica é mais rígida do que a sociocultural, que permite realizar uma leitura acerca da importância da participação das pessoas do local como agentes e não somente beneficiários do DEL.</p><p><strong>Palavras–chave: </strong>desenvolvimento econômico local (DEL), perspectiva econômica, perspectiva sociocultural.</p><p><strong>Abstract </strong></p><p>This text sought to articulate some considerations about local economic development (LED), presenting definitions and seeking to understand it from the economic and sociocultural perspective, highlighting what represent these perspectives. In this sense, it was possible to understand that the LED under the economic perspective aims at promoting economic growth, considering local specificities as competitive advantages. Already the sociocultural perspective prioritizes the participation of local people in the construction of a project of LED. From the LED definitions one realizes that the economic perspective is more rigid than the sociocultural, that enables perform a reading about the importance of the participation of local people as agents and not just beneficiaries of the LED.</p><p><strong>Keywords</strong>: local economic development (LED), economic perspective, sociocultural perspective.</p>

scholarly journals EVOLUTION OF WELLBEING THEORIES IN THE POSTULATES OF ECONOMIC SCHOOLS AND CONCEPTS

2020 ◽  
Vol 1(13) ◽  
pp. 17-22
Author(s):  
Iryna M. Hrynchyshyn ◽  
◽  
Keyword(s):  
Quality Of Life ◽  
Economic Growth ◽  
Economic Development ◽  
Regional Development ◽  
Human Development ◽  
Local Economic Development ◽  
Local Development ◽  
Well Being ◽  
Endogenous Development

The article presents the evolution of wellbeing theories in the postulates of economic schools and concepts. It has been established that the first period of development of economic wellbeing theories was marked by polarized tendencies of market or state domination, which led to the consideration of social wellbeing by economists-theorists in the macroeconomic aspect. It has also been found out that forming the foundation of future scientific research their representatives laid the foundations for methodological understanding and development of many economic theories. The second direction of development of wellbeing theories is based on the imperatives of economic growth (location theories, neoclassical theories, theories of cumulative growth, institutional theories and new theories of regional development). It has been found that the rethinking of approaches to local and regional development at the present stage is associated with the actualization of the theory of endogenous development and the concept of local economic development (place-based theory). It has been found out that along with theories of well-being based on the economic concept, theories that determine the social status of people from the standpoint of their high standard of living and human development are widespread in international research. The third direction of wellbeing theories, related to the search for measures of human development that go beyond GDP, is now formed from an alternative flow of scientific thought in the established scientific direction. The end of the last century was marked by a significant interest in social indicators, outlined in various doctrinal forms: social progress, human development, quality of life, wellbeing in a new sense, as well as increasing attention to the individual and their original organizational groups (family, households, communities), and the definition of their weight in the relationship «state-market». Common expression of these concepts is a person whose view transformed from a purely materialist understanding of their wellbeing to a broader point of view – a person who professes values and is in collective interaction. The present study of the evolution of wellbeing theory indicates the need for the formation and implementation of public policy in the direction of intensifying local development and provision of high quality public services based on the principle of subsidiarity. Keywords: wellbeing, state, market, territorial community, economic growth, local economic development, human development, quality of life, subjective well-being

scholarly journals Resources Efficiency Based on Village-Fund for Local Economic Development

2021 ◽  
Vol 04 (01) ◽  
Author(s):  
I Putu Gede Diatmika ◽  
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Local Community ◽  
Agricultural Sector ◽  
Local Economic Development ◽  
Women Farmers ◽  
Family Welfare ◽  
The People ◽  
The Government ◽  
Sustainable Economic Growth

Local economic development to achieve increased welfare, encourage economic growth through the use of village funds. One of the villages that needs to be developed is Panji Village, Buleleng Regency. The local community has local potential and resources, most of the people work in the agricultural sector, so in order to optimize the use of village funds, the community has the potential and resources to develop local economies based on village funds in creating sustainable economic growth. Through the use of village funds in Panji Village, the government and the community develop water facilities between the rice fields with the aim of increasing community income and boosting tourism in Panji Village. The domino effect can help products in Panji Village starting from organic rice and products from Family Welfare Empowerment through Panji Village's Women Farmers Group (Kelompok Wanita Tani; KWT) such as Sari Jahe Merah, Panji Herbal Sari Temulawak, Tamba Waras Sari Kunyit and Tamba Sane Sari Rhizome

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