strategy
Developing local light industry
Synonyms:
Small-scale manufacturingCottage industry
Initiating appropriate light industry
Starting local industries ventures
Extending local light industry
Increasing light industry base
Launching light industry ventures
Establishing light industry
Accelerating light industry development
Introducing suitable light industry
Description:
Developing industrial ventures which a few people with limited capital can initiate. These include cottage industries; ancillary industry; small scale processing of local products (for example, jam making from locally grown fruit); and intermediate assembly of products. Context:
The difficulties of making large industrial investments in uncertain economic times have made small productive units attractive, especially in lesser-developed economies, in rural areas and among the unemployed.This strategy features in the framework of Agenda 21 as formulated at UNCED (Rio de Janeiro, 1992), now coordinated by the United Nations Commission on Sustainable Development and implemented through national and local authorities.
Claim:
The private sector and local communities, in cooperation with national governments, should promote local infrastructure development, including communication networks, mini- or micro-hydro development to support cottage industries, and access to markets. Counter Claim:
1. Light industry of this type has an extremely high failure rate for individual industries.2. From a local perspective, light industry has little control over markets, credit and most resources; this increases the risk of failure.
Broader:
OpeningCreatingPromotingFostering small businessEstablishing new small industriesDeveloping manufacturing industriesIncreasing local commercial activityDeveloping profitable scope of rural industrial operations Narrower:
Working from homeLaunching small service industriesDeveloping small manufacturing enterprises Facilitated by:
Presenting new ideasDeveloping industrial zonePromoting social innovationEmploying appropriate technologyEstablishing trade information pointsMaximizing economic benefits of construction Problems:
Underdevelopment of manufacturing industriesUnderdevelopment of mining and quarrying industries
Unprofitable scope of rural industrial operations
Subjects:
LocalIndustry ManufactureTrades and craftsDevelopment Type Classification:
D: Detailed strategies