Re-examining the notion of local economic development (LED) post democratization: anticipated outputs, impediments and future expectation(s)

Abstract

This article critically assesses the notion of Local Economic Development (LED) and utilizes South Africa as a case of reference, through which the conceptualization and underpinnings, associated with LED, are understood. South Africa has come through what one may call three waves of development change, which comprise the apartheid period (1949-1990), the transition period (1990-1994) and the post-apartheid era (1994 - present). During both the apartheid and transition period, South Africa was at war with itself and neighbouring countries and economic growth, resources, employment and service delivery were scarce, particularly to the black majority because of the apartheid regimes destabilization policies. Post democratization, and with the inauguration of the democratic elected African National Congress (ANC) government, there were envisioned blueprint frameworks that ought to reverse the erstwhile apartheid regimes policies of racism, inequality and segregation. These were earmarked to alter South Africa's development and economic growth landscape through the lens of LED. Hence, the promotion of LED was identified as a noteworthy strategy that can ultimately lead to community development, economic growth and poverty relief.