Download PDF by Andrew Beer: Developing Australia's Regions: Theory and Practice
By Andrew Beer
Delves at the back of the too-often adverse media headlines and stereotypes approximately neighborhood Australia, and considers the genuine kingdom of Australia's areas, together with metropolitan areas, and what will be performed to enhance their monetary, social and environmental health and wellbeing.
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Extra resources for Developing Australia's Regions: Theory and Practice
6 Others make strengthening the local or regional economy their priority, and attempt to add depth and breadth to the employment base. For a third group, addressing poverty is the key issue and they seek to secure jobs for the unemployed and better jobs for the underemployed. Regardless of emphasis, it is clear that priority is attached to achieving economic growth 16 • DEVELOPING AUSTRALIA’S REGIONS: THEORY AND PRACTICE within the region and advancing the number and type of jobs available. Local and regional development may be attached to other policy objectives, such as the better management of natural resources7 or achieving greater social cohesion.
13 However, individual regional development agencies have pursued cluster strategies in other parts of Australia. Mentoring and networking strategies are the last of the business environment measures to be discussed in this overview. Mentoring and networking programs aim to improve the competency of small businesses and small business proprietors. Networking programs tend to offer two benefits. On the one hand they encourage members of the network to do business with each other — thereby raising activity levels and potentially reducing the leakage of expenditure out of the region — and on the other, firms learn from the successes and failures of others.
The philosophies and strategies that can help a region or place grow economically have been documented by numerous researchers and implemented around the globe. The long-term growth of regions and localities reflects their intrinsic strengths — the capacity of their labour force, their natural resource endowments, their inventiveness, their ability to take advantage of world markets — and local and regional development programs need to capitalise on existing competencies and generate new abilities.