The Hexagon of Local Economic Development and LED in South Africa. Local economic development (LED) has been implemented in industrialised countries for decades. Since the 1990s, many developing countries have seen the launch of LED activities. But despite the pervasiveness of the practice, there…
Why is Local Economic Development so difficult, and what can we do to make it more effective? LED is increasingly being propagated by donor agencies and governments in developing countries. Yet there is only scant evidence that LED has ever been successful anywhere. There are two sets of reasons…
The Hexagon of Local Economic Development. Local economic development (LED) has been done in industrialised countries for decades. Since the 1990s, many developing countries have seen the launch of LED activities - driven by legal requirements, such as in South Africa, or be sheer necessity, such…
Rapid Appraisal of Local Innovation Systems (RALIS): Assessing and Enhancing Innovation Networks. Rapid Appraisal of Local Innovation Systems (RALIS) is a methodology to conduct a rapid diagnosis of a locality, a value chain or a cluster with a special focus at technology and innovation.
Participatory Appraisal of Competitive Advantage (PACA): Effectively Launching Local Economic Development Initiatives. In developing countries, there is an increasing awareness of the necessity to formulate and implement economic development strategies at the local level (local economic…
