Welcome to the InfoSci Platform
The Institutional Imperatives of Local Economic Governance: Lessons from a Small Island Developing State

The Institutional Imperatives of Local Economic Governance: Lessons from a Small Island Developing State

Eris Dawn Schoburgh
Copyright: © 2020 |Pages: 22
ISBN13: 9781799824480|ISBN10: 1799824489|EISBN13: 9781799824497
DOI: 10.4018/978-1-7998-2448-0.ch038
Cite Chapter Cite Chapter

MLA

Schoburgh, Eris Dawn. "The Institutional Imperatives of Local Economic Governance: Lessons from a Small Island Developing State." Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, IGI Global, 2020, pp. 915-936. https://doi.org/10.4018/978-1-7998-2448-0.ch038

APA

Schoburgh, E. D. (2020). The Institutional Imperatives of Local Economic Governance: Lessons from a Small Island Developing State. In I. Management Association (Ed.), Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications (pp. 915-936). IGI Global. https://doi.org/10.4018/978-1-7998-2448-0.ch038

Chicago

Schoburgh, Eris Dawn. "The Institutional Imperatives of Local Economic Governance: Lessons from a Small Island Developing State." In Foreign Direct Investments: Concepts, Methodologies, Tools, and Applications, edited by Information Resources Management Association, 915-936. Hershey, PA: IGI Global, 2020. https://doi.org/10.4018/978-1-7998-2448-0.ch038

Export Reference

Mendeley
Favorite

Abstract

In Jamaica, a “new” local governance framework comprises a federated system of development committees (community development committees [CDCs], development area committees [DACs], and parish development committees [PDCs]) purportedly working in partnership with local authorities. Local governance is thus premised on the idea that utilization of local skills, knowledge, assets, and initiatives will lead to economic transformation. Focus has also shifted to micro, small and medium enterprises (MSMEs), given their local embeddedness and potential to foster local economic growth. This chapter investigates the extent to which local economic development (LED) model implementation is supported by appropriate governance structures. It argues that implementation of an LED model represents a decisive shift from local governance to local economic governance, which currently lacks a cohesive policy framework. The consequent effect is nothing more than atomized organizational actions that engender competition among localities and communities rather than a clear growth strategy at the local level.

Request Access

You do not own this content. Please login to recommend this title to your institution's librarian or purchase it from the IGI Global bookstore.