The Concept of Local Economic Development Policy: Some Fundamental Questions
The concept of local economic development policy raises a number of quite thorny issues. One obvious approach to problematising a concept is to examine its historicity. In the case of local economic development policy this has a number of dimensions. Not the least of these is the concept of economic development tout court. Its dominantly post-World War II vintage has been remarked on by a number of people.2 The more concrete concept of local economic development policy (henceforth LEDP) also resonates historically. Indicative is the history of State Economic Development Departments in the US. Almost all of these were formed after 1945 (Anton and Reynolds, n.d.), though, of course, less formalised interventions into economic development have a longer genealogy. The more recent outpouring of academic work on the topic is also symptomatic.
KeywordsIncome Assure Stratification Expense Agglomeration
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