Local & Regional Economic Development
In local and regional economic development initiatives, local government, business, non-governmental partners, and communities work together to create better conditions for economic growth and employment generation. Local and regional economic development focuses on enhancing competitiveness, increasing sustainable growth and ensuring that growth is inclusive.
Example of Our Local & Regional Economic Development Work
Indonesia National Local and Regional Economic Development Strategy. LDP supported the nationwide implementation of a comprehensive and integrated strategy for regional economic development in Indonesia, and the establishment of a national institution to provide small business enabling environment support for local governments across Indonesia. Interventions included regulatory impact assessments and one stop shops for business licensing and registration. LDP provided advice on up-scaling a pilot project in Central Java and the sustainable dissemination of the economic development approach to other regions, with the aim of establishing a nationwide programme.