Local economic development: theoretical perspectives
No 20210110, Working Papers from University of Ferrara, Department of Economics
Economic growth and wellbeing are often considered issues to be addressed by central government action and policies. However, economic downturns in a context of globalisation have shown how localities are differently exposed to macroeconomic fluctuations due to differences in local endowments and local assets. Therefore, policies for local economic development become a critical issue in order to foster an inclusive, consistent and widespread process of economic growth. This paper focuses on local economic development under a theoretical perspective. That is, it presents an overview of the main theoretical streams that have investigated this issue, with the purpose of proposing a classification of policies and programmes that favour local economic development.
Keywords: local economic development; urban and regional growth theories (search for similar items in EconPapers)
JEL-codes: O1 O11 O18 (search for similar items in EconPapers)
Pages: 21 pages
New Economics Papers: this item is included in nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:udf:wpaper:20210110
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