Strengthening the local economy

Whether through specific programs or as a complementary measure, some development initiatives work to strengthen the economy of their beneficiary communities as a strategy to:

•  improve the conditions of the community (and eliminate corrosive disadvantages) to meet their interests and needs and build their own path to development. This improves circulation and access to relevant goods and offers employment which enables the consumption of such goods.

•  create both material and human capital and increase a community’s capacity to provide resources and support to the initiative and ultimately, to take ownership of it – reducing their dependence on external support and their need to migrate.

•  create a better environment for future generations — improving the context to the work of the initiative.

See:

♣ Strengthening the local economy 

Other related strategies at:

Removing Corrosive Disadvantages

Alternative Barter Systems

Cooperatives

Entrepreneurship

Creating and capitalizing on local resources