The Institutions of Local Development

This title was first published in 2003. Development is a complex and heterogeneous phenomenon, driven by the expansion of one or more sectors and their influence on the others. It is the outcome of local interdependencies among firms, households and institutions which give rise to specific territorial patterns of local systems. Policies of development cannot therefore restrict themselves to undifferentiated intervention from the centre to the periphery, but must be able to stimulate and sustain endogenous bottom-up growth by means of specific programmes.