Local economic development is seen as one of the most important ways of reducing poverty. It purposes is to create jobs by making the local economy develop. This means that more businesses and factories should be started in the public area. The key participants in a city must meet to reach agreement and take decisions to make the economy develop and make income opportunities for more people, more especially the poor. National government makes plan and provides funds, investigation and other support for local economic development. Cities decide on Local Economic Development plans and the procedure of incoming at a Local Economic Development plan must be part of other process. The Local Economic Development plans should be based on the overall idea outlined in other processes and should take into consideration the consequence of the analysis done to classify difficulties, and arrange development projects. It should also look at things like mixing our residential and work areas, building development corridors between areas and supporting the economy with good public transport.
There are key principles underlined by the local economic development government including poverty and unemployment which is the main challenges facing South Africa. Local Economic Development plans must prioritise job creation and poverty alleviation. The Local Economic Development must target previously poor people, downgraded communities and geographical regions, black economic empowerment enterprises to permit them to contribute completely in the economic life of the country. There is no single style to Local Economic Development. Each locality may grow a method that is best appropriate to its local context. Local Economic Development encourages local...
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...ng run – and 'the long run' may increase to an extensive period, not least because duty for on-the-ground local economic growth has been decentralized to the generally stressed third-tier government level. So this simply means a singular substance is needed to change public payments more quickly into those 'strategically planned and deliberately integrated' local economies for which cities have become in charge.
The development hub concept is designed to build viable local economies by increasing the effect of state interferences for local economic growth and inspiring the impact of these interferences with a bunch of maintainable popular facilities. But for this current change of state interferences into a maintainable socio-economic growth procedure, a 'core functioning rationale' for the Growth Centre and its several facilities desires to be noticeably known.
In today’s society, American citizens tend to believe that America has been, “American” since the day that Christopher Columbus set foot in the Bahamas. This is a myth that has been in our society for a multitude of years now. In A New England Town by Kenneth A. Lockridge, he proves that America was not always democratic. Additionally, he proves that America has not always been “American”, by presenting the town of Dedham in 1635. Lockridge presents this town through the course of over one hundred years, in that time many changes happened as it made its way to a type of democracy.
...by preventing access to potential places of employment and to positive network influences. Therefore, to solve the growing problem of jobless poverty the government should look towards developing mixed-use developments without strict zoning laws and increasing the public transportation infrastructures in cities.
...r pillars of public administration are equally important in the process of public administration and complement one another in the provision of quality public service. When public administrators have economy in mind they focus on the best combination of available resources to provide optimum public service. To ensure that public service is not limited to only a section of the public, the issue of equity is taken into consideration so that public interest is realized. Efficiency and effectiveness additionally go hand in hand in ensuring that allocated resources are used in the best possible manner to attain set goals. Thus whereas the first three public administration pillars – Economy, efficiency and effectiveness are concerned with how public service is provided the fourth and most recent addition (Equity) concerns with for whom public service is provided.
The economic conditions of levels of income in Cape Town are seen as mostly lower upper class. Cape Town is known to be South Africa’s second-richest city preceding Johannesburg. Most of Cape Town’s economic activity is steered by small, medium and micro enterprises (City of Cape Town, 2014). Other economic drivers include; finance, insurance, real estate and business services and business services; manufacturing; wholesale and retail trade, catering and accommodation.
In this book Ferguson aims to create an understanding of the workings of the concept of development through the case study of the Thaba-Tseka Development Project. To achieve this he gives detailed accounts of the setting and conditions of the project, as well as emphasize where and how development practitioners went wrong in this particular case.
...rs and of local infrastructure. It also promotes the technological progress, environmental protection activities, and the financial sector reorganization. The development and restructuring of these fields are prerequisites for the increased traffic of local and international tourists.
‘Social Planning’, is a model of development which can be described as, ‘Doing For’, the community. If it is perceived by government bodies that a community has sunk so low that is unable to be resolved by using alternative methods, (some of which will be discussed later in this essay), the government will intervene with methods deemed necessary.
Of late, with the growth in private sector, inflow of FDI, tourism industry, manufacturing company, more diplomatic relation with other countries etc has further helped in increasing the Gross Domestic Product (GDP) of the country. With higher GDP, more budgets will be there to improve the quality of life of the citizens but on contrary, with increasing population and more infrastructure development, the economy state of t...
However, Patel & Hochfeld (2012) in their study in South Africa identified significant difficulties with micro-economic development interventions and they discovered that social workers felt ill-equipped and ineffective in these areas. When it comes to economic concepts social workers are blank. Other participants in this study questioned whether economic development was indeed a social work role. They indicated that they are not economists (Patel & Hochfeld, 2012). But being closely associated with the poor and vulnerable in society, social workers are key social partners and change agents in development and should therefore play an important role in the nation-wide effort to reduce inequality and eliminate poverty (Lombard,
According to Collier & Dollar, (2001) economic growth is normally dependent on the nature and quality of economic policies that a country implements. In South Africa, soon after apartheid the government have tried to wrestle with the multiple objectives which are namely to reduce poverty, increase employment, increase international trade as well as increasing the rate of economic growth. According to Mohr et al, (2015) the macroeconomic objectives are used to assess the performance of the economy. The five macroeconomic objectives that will be discussed in this assignment are firstly the economic growth, full employment, price stability, balance of payments and equitable distribution of income. The assignment will then evaluate each of the objectives of macroeconomic growth and asses where South Africa as a country is performing on each of these respective points.
Economic development has a direct relationship with the environment. Whereas economic development is a policy intervention endeavour with aims of economic and social well-being of the people, economic growth is a phenomenon of market productivity and rise in GDP. According to them, the first chain consists of economic growth benefiting human development, since economic growth is likely to lead families and individuals to use their heightened incomes to increase expenditures, which in turn furthers human development. At the same time, with the increased consumption and spending, health, education and infrastructure, systems grow and contribute to economic growth.
Regional development is essential to overcome the social evils related to the localization of industries in developed areas alone, which results in overcrowding, noise and congestion. These adversely affect the health and efficiency of inhabitants.
Economic development is highly dependent on the natural resources for food and energy production, which inputs to manufacturing, and to absorbing wastes and pollutants. Thus, there is a high dependency on farming. However, South Africa is not rich in agriculture resources; ...
As mentioned above, South Africa has been working on improving the lives of people. The Reconstruction and Development Program is one of the many that have been implemented that work on improving the life styles of people in South Africa. This is one of the strategies that has been very successful and is still standing as is. It is through this program that the lives of the many South Africans living in rural areas will be made
This paper will discuss about the development of megacities in general, starting with an introduction and then followed by the definition of development and megacity. After that, there will be elaboration of the development of megacities and continue with a section entitled how megacities develop and a brief point about challenges of development of megacities. Finally the paper will reach a study case of the development of Jakarta as a developing-country megacity and ended with a conclusion.