Organising Local Economic Development

The Role of Development Agencies and Companies

image of Organising Local Economic Development

Development processes occur within a wider geographical area than local government, and in some cases encompass a broader scope than provincial or national governments. Thus substantial inter-governmental co-operation and public-private partnership are needed. This book identifies how development agencies and companies work, what they do and what constitutes success and value added. It explores international practices in a variety of locations and contexts, and defines both the success factors and the challenges associated with economic development agencies and companies.



Learning from international development agency experience

The final chapter in this book makes the case that although development agencies of all kinds have become a global phenomenon, there has been limited international exchange on how and why such organisations work. It explains that though the codification and sharing of practice is inherently difficult, the purpose of this book is to attempt to bridge part of that gap and promote understanding within a shared framework and the learning of precise lessons across borders. To conclude, a series of development agency strengths and constraints are defined and illustrated which inform the OECD LEED Programme’s ten principles for development agencies.


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