ABSTRACT

In this concluding chapter I want to do three things. First, in this section I argue that it is possible to highlight a small number of overarching principles for local economic development, which can then be used to highlight some of the key differences between conventional and community approaches to local economic development. This is supplemented in the second section by a series of key principles to support community economic development (CED). The final section provides a brief overview of the fluctuating fortunes of CED and argues that the present resurgent interest in this approach may represent simply another phase in a series of experiments to identify successful ways of accommodating the local tensions associated with contemporary processes of global restructuring.