Elected Leaders and Economic Development
Effective economic development demands informed leadership from local elected leaders. Economic development is the process of building strong, adaptive and equitable local economies. What constitutes success in economic development and the specific strategies to accomplish it will undoubtedly look different from place to place. Yet despite these differences, leadership is consistently identified as a critical factor in advancing local economic development.
What You Should Know 2.0: Elected Leaders and Economic Development discusses the context and key functions of local economic development, and also provides foundational information about funding sources, measuring outcomes, and achieving greater economic equity in cities. Additionally, this report identifies specific roles elected officials can take to become well-informed leaders and strategic decision-makers for effective local economic development.
This report is published in partnership with the International Economic Development Council (IEDC) and is an update to the 2010 guide, 10 Things You Should Know: The Role of Elected Officials in Economic Development.