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Local development

Jaroslav Macháček

Politická ekonomie, 1999, vol. 1999, issue 5

Abstract: Particularly in terms of tregional analysis, the concept of development ranks among the most frequent and essential components of economicreasoning. Yet, the way how it has been generally understood seems to berather vague, the range and variety of its possible content too wide and itspattern unstable.The above contribution means an attemt to specify the position of thisconcept in spatial economics, mostly through explanation and comparison oofthree prevailing approaches to address the area of issues associated withthe term development: the process in question can be looked at as localeconomic development, multidimensional or sustainable developments.Most attention has been paid to the idea of sustainable developmnet, as thebelief has been expressed that the assimilation of its principles and aimsby economc theory and practice poses major challenge that can not be avoidedeven in the very near future. A selection of indicators for the developmentto be evaluated in terms of sustainability has been presented and discussed.

Keywords: development; locality; resources; economic objectives; environmental concerns; location; sustainability (search for similar items in EconPapers)
Date: 1999
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DOI: 10.18267/j.polek.75

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