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Conflict is quite an ordinary phenomenon and an integral part of daily life and could be quite helpful to create a productive force to promote social change and address social injustices. In fact, some conflicts may be instrumental in big economic and social changes. Given the complex and multidimensional aspects of local and regional economic development, by nature the entire process is about conflict management among different stakeholders. Yet, there is not much in the regional development literature on the subject. Therefore, a debate is needed to identify conflicting issues and parties in the regional economic development process and how to reconcile them in an efficient and effective manner. This chapter aims to initiate this debate by identifying and discussing conflicting issues in the regional economic development process and developing a framework for conflict management.
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Given that the disposition of the current environment is the ground for a new development path, it is logical to begin with an understanding of the rapidly changing, global world economy. Therefore, to have a better grip on regional and local economic development it is crucial to study and understand the wider environment within which these economies operate. In other words, it is necessary to see the forest before focusing on the trees. This chapter covers the local and regional economic analysis within the new, globalized economic and social environment. The first section of this chapter discusses the globalization process, the second section reviews its impact on local and regional economies as well as the place of local and regional economies in this global environment and the third section focuses on the importance of and need for local and regional economic analysis in such a fast changing world.
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Good governance is now the new catchword around the world that was advocated by many, particularly international organizations, for almost any purpose ranging from national governments to large corporations and NGOs as well as regional and local economic development. As a result, in recent years the discussion of governance has expanded and the number of scholarly work has increased. The reason behind this new trend is the view that good governance and sustainable development go hand-in-hand. It is, then, quite logical that the same principle applies to regional and local economic development where good governance will generate better results. It is now widely accepted that regional and local institutions and leadership will have important roles in the regional development process. This chapter covers the governance, institutions, local leadership and role of regional development agencies in the regional economic development process.
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Introduction to Regional Economic Development

Major Theories and Basic Analytical Tools

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This is a relatively simple and easy to read introduction of major regional and local economic development theories, their theoretical evolution and other relevant topics such as governance, institutions and local leadership within the globalization context. It also discusses some basic analytical tools and provides a template for them in an easy to use MS Excel spreadsheet application. It introduces conflict management procedures into regional development process and provides a regional decision support framework.
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Mustafa Dinc

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Mustafa Dinc

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Mustafa Dinc