24th ARW:Local Economic Development: Unpacking potentials for accelerated transformation of Tanzania

Local Economic Development: Unpacking potentials for accelerated transformation of Tanzania Local Economic Development (LED), is now among the latest preoccupations in a development reflecting the industry’s shift from focusing on large and obtuse concepts and entities to smaller more manageable parts that can be joined up together (du Plooy, 2017; Khambule, 2018). LED relates to […]

Local Economic Development: Unpacking potentials for accelerated transformation of Tanzania Local Economic Development (LED), is now among the latest preoccupations in a development reflecting the industry’s shift from focusing on large and obtuse concepts and entities to smaller more manageable parts that can be joined up together (du Plooy, 2017; Khambule, 2018). LED relates to a participatory process that enables individuals and different types of market and non-market entities to utilise spatially proximate resources to engage in economic production and distribution of rents that create better conditions for economic growth and employment generation (Swinburn et al., 2006). LED focuses on identifying and utilising primarily local resources (and capital), ideas and skills to stimulate economic development (Sekhampu, 2010).

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