Community Economic Development
"a field of study that actively elicits community involvementwhen working with government, and private sectors to build strong communities, industries, and markets.[1]
Community economic development encourages using local resources in a way that enhances economic opportunities while improving social conditions in a sustainable way. Often CED initiatives are implemented to overcome crises, and increase opportunities for communities who are disadvantaged. An aspect of “localizing economics,” CED is a community-centered process that blends social and economic development to foster the economic, social, ecological and cultural well-being of communities. For example, neighborhood business organizations target growth in specific commercial areas by lobbying government authorities for special tax rates and real estate developments." - Wikipedia
Simon, William H. [2001]. The Community Economic Development Movement: Law, Business, and the New Social Policy.
DOI: https://doi.org/10.1215/9780822380825
https://read.dukeupress.edu/books/book/514/the-community-economic-development-movementlaw