A People-centred Approach to Economic Development (PCED): Brokering Economic Inclusion as a Route Way to Improving Competitiveness

Mandy Crawford-Lee and Phillip Hunter
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Mandy Crawford-Lee: Learning and Skills Council, Bradford, UK
Phillip Hunter: Learning and Skills Council, Bradford, UK

Local Economy, 2009, vol. 24, issue 6-7, 473-486

Abstract: This paper outlines support for adopting a people-centred approach to economic development that has been taken forward in West Yorkshire — an approach that recognises that prosperity in a global economy is driven by ideas, information and knowledge. This is very different to the industrial economy of the past. It presents both a model for an integrated workforce development system and a framework for improving linkages between human capital and economic development. Indeed, it is understood that it is those local areas with a strong, adequately skilled, human capital base that are best placed to utilise knowledge and to transfer this know-how into cutting-edge techniques for the production of goods and services. As such, investment in people's knowledge and skills is a crucial aspect of achieving sustained economic growth in a networked, knowledge-driven, global economy.

Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:24:y:2009:i:6-7:p:473-486

DOI: 10.1080/02690940903314951

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