strategy
Diversifying local economies
Synonyms:
Expanding common economic foundationsExtending village economic base
Expanding community economic base
Decentralizing local economic foundation
Expanding essential economic foundations
Enlarging community economic resources
Broadening community economic base
Freeing up local economy
Context:
A decentralised economy is based upon individual communities' having rights to their own natural resources, and the freedom to plan their own development, with equality and self-reliance as the basic values. Such communities assert their right to life in the fulfilment of the basic needs of everyone, excluding the greed of the consumerist minority. Broader:
Renewing local economyDeveloping human resourcesDiversifying economies in developing countriesRevitalizing local and regional economic circulationGuaranteeing substantial economic foundation Narrower:
Raising local trading revenueDiversifying mountain economiesPooling community economic resourcesImproving income of rural communitiesIntegrating forestry with wildlife and fisheriesIncreasing diversification in subsistence economies Constrains:
Establishing orderly economic marketing system Constrained by:
Isolating economically Facilitated by:
Motivating community involvementApplying community growing skillsFostering external support relationsGenerating community investment fundPreparing for post-industrial societyCoordinating community economic ventures Problems:
Restricted flow of local economyReferences:
Crabtree, Tim and Roberts, Andy: Towards a New Sector: macro politics for community enterprise Subjects:
Society → CommunitiesSociety → Local
Amenities → Villages
Economics → Economic
Economics → Economy
Economics → Resource utilization
Type Classification:
C: Cross-sectoral strategies Related UN Sustainable Development Goals:
