Local economic development LED
Local Economic Development (LED) is a strategy for promoting local economies as a way to fight poverty. LED is a spatial approach to support income and employment opportunities in specific territories. LED integrates both economic and governance perspectives which are closely interlinked. LED programs often include elements of service market development and/or value chain development and vice versa. Central actors in LED are: Government at all levels, but in particular local government; the private Sector including employers, industry associations, but as well civil society.
