Local Economic Development Sensitizing Package - Module 2

Module 2 - What is LED?

Instructional material | 15 November 2005
This module seeks to clarify what is meant by Local Economic Development (LED). The term ‘local economic development’ has been used to describe a wide variety of initiatives, ranging from industrial policy and regional planning to community development, which, although part of a LED strategy, are not in and of themselves LED. This module will seek to clarify the approach and its key principles in order to focus the discussion in the subsequent modules.