Local economic development

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To enhance economic development is an important strategic issue not only for federal but also for local governments. Members of the Bertelsmann Foundation's network "Cities of Tomorrow" have collected twelve case studies of local economic development from all over the world. The case studies show how local authorities improve employment conditions in their community with regards to new job creation, accessibility of employment for the local workforce, job maintenance and the development of conditions favouring local economic development. The cases vary from exogenous and endogenous promotion, such as offering additional advantages to foreign and local enterprises, involving private, voluntary and non-profit sectors and developing training and employment initiatives, such as "48-hour job guarantee". This book is a veritable goldmine for local authorities aiming to strengthen the development of their local economy.