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What role does community planning have in economic development?

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DBP411 – Community Planning

Assignment 2

Community Planning Practice Paper

What role does Community Planning have in Local Economic Development?

Lecturers: Fiona Caniglia & Stuart McLaughlin

Student: Andreas Faludi

Student ID: 02534955

Due Date: 4 June 2004

“Planning ahead is a measure of class. The rich and even the middle class plan for generations, but the poor can plan ahead only a few weeks or days.”
Gloria Steinam, The Time Factor (1980)

INTRODUCTION …show more content…

This paper will examine the role that Community Planning principles can play in Local Economic Development (LED). Importantly, this report will aim to identify the causes an consequences of economic disparity within communities, identify those individuals and groups that have the most to contribute to LED in their community and finally discuss and examine a range of policy initiatives that focus on sustainable economic outcomes for all members of the community network. It is also hoped that this paper may provide a guide for students of urban and regional planning, as to how human and financial goals need not be mutually exclusive of one another.

THE ISSUES

Economic growth, not just community bonding

In international business, the world is divided into developed and developing nations. The yardstick used to measure this difference is typically economic. How then do we know when we have crossed the line between a "developing" and a "developed" community? What yardsticks are available to us? Typically, successful communities are measured in terms of participation, support networks and a general willingness to action outcomes (more often human and intangible outcomes) for that community. But while in terms of participation, a community may be very wealthy, a large proportion may be just as poor in economic standards. Accordingly, it is submitted that having implemented a community plan that succeeds in uniting a local area is only

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