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Because of globalisation and decentralisation, economic development has shifted from large-scale national plans to territorial bound local plans known as Local Economic Development (LED). LED allows localities to plan and implement their economic development through a representative and participative forum that can build on existing economic advantages of its locality. The local government plays an important role in facilitating the development of the economy and creating ecosystems for entrepreneurship through priority setting in policy making, convening all stakeholders and alignment with the higher tiers of government.
Local Economic Development (LED) requires an integrated approach where the public and private sector are aligned on priorities and where local governments have a certain level of decentralisation.
This course discusses the challenges of development, LED as a concept in itself, LED as an integrated approach, the role of national and local government, the role of the private sector and other economic stakeholders and the materialisation of a LED strategy. After having set these fundamental and contextual elements, the course assess multiple LED strategies such as entrepreneurship development, value chain development, matching educational curricula with needs of the labour market, assisting vulnerable groups to work and public-private partnerships. The course includes study visits that are aimed at lessons learned on the role of different stakeholders with the LED process. Furthermore, the course embeds exchange moments between the international participants to stimulate peer-learning.
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Course Date: 15 – 26 September 2025
Location: The Hague, Netherlands
Fee: € 3.895,-
Learn more and apply on The Hague Academy website: Local Economic Development – The Hague Academy
Professionals working in local government or for local NGOs on the DAC list of ODA-recipient countries (OECD) qualify for a 50% reduced course fee. Contact us for details via info@thehagueacademy.com