Introduction to Community Economic Development by HZPSpuY5

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									Introduction to Community
  Economic Development
   What it is and the case for it
Community Economic Development
a.k.a. Community-based development

An approach emphasizing local self-sufficiency, local
decision-making, and local ownership.

A strategic response that might assist communities
to take up development opportunities and
challenges. (Loxley, 2000)
        A holistic approach


It links economic development with a wider
social and economic process.
small scale economic activities

provision of local needs and demand

a microeconomic approach
No universally accepted definition of CED
            United Nations 1955




• A process designed to create conditions of
  economic and social progress for the whole
  community with its active participation and
  the fullest reliance upon the community’s
  initiative.
   Conference Board of Canada 1994



• A strategy by which local development
  organizations mobilize local resources for a
  multi-faceted development campaign.
    CED in the economic context

• polar opposite of capitalist forms of
  development
• capitalist development typically brings the
  “development” to a community from the
  outside
• CED promotes development from the “inside”
    CED in the economic context



• people in a community are to be the authors,
  architects and builders of their development
    CED in the economic context


• The people of a community may need
  assistance and supports in building their
  community’s future.
What is a community?
What is the case for CED?
 The concept of the “Social
Economy” is relevant to CED
  What is the social economy?


The social economy is a grass-roots
entrepreneurial, not-for-profit sector, based on
democratic values that seeks to enhance the social,
economic, and environmental conditions of
communities, often with a focus on their
disadvantaged members.
(Human Resources and Social Development
Canada)
  Why is the federal government
    interested in social economy
             enterprises?


Governments are increasingly turning to
community-based processes and initiatives to
address local problems with local solutions.
What are social economy enterprises?

• Social economy enterprises are run like businesses
• Produce goods and services for the market economy
• Manage their operations and redirect their surpluses
  in the pursuit of social and community goals
• Often grow out of broad-based community
  development strategies
What benefits do the social economy
        bring to communities?


 It contributes to a range of community goals
 and has the potential to create collective
 wealth through the production of goods and
 services.
 Social economy enterprises provide a
 flexible and sustainable tool that can
help communities to achieve their own
               objectives,
                such as:
  – stimulating job creation and skills development;
  – enhancing community capacity for social supports;
  – supporting economic growth and neighbourhood
    revitalization;
  – protecting the environment;
  – mobilizing disadvantaged groups.
Is the social economy important in
        other parts of the world?

 Several of OECD countries have developed
 strategies to promote social enterprises.

– The European Union includes the social economy
  in its entrepreneurship pillar.
– The UK launched a strategy with the Department
  of Trade and Industry to support the growth of the
  social economy (2002).

								
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