Loading…
Impact of Local Economic Development Programmes on Livelihood: Evidence from Mpumalanga, South Africa
Extraordinary levels of unemployment, poverty and inequality perseveres in South Africa, which in itself is a risk for economic development. Initiatives such as Local Economic Development (LED), globally acknowledged, have been adopted to solve the crisis. LED in its simplest practice is about local...
Saved in:
Published in: | International journal of economics and financial issues 2021-08, Vol.11 (4) |
---|---|
Main Authors: | , , |
Format: | Article |
Language: | English |
Online Access: | Get full text |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Summary: | Extraordinary levels of unemployment, poverty and inequality perseveres in South Africa, which in itself is a risk for economic development. Initiatives such as Local Economic Development (LED), globally acknowledged, have been adopted to solve the crisis. LED in its simplest practice is about local people uniting to achieve a better quality of life. Nevertheless, effects of LED are still contentious in developing economies and especially South Africa because of the increased level of poverty amongst supposed beneficiaries of LED. This article evaluates the impact of a LED initiative (EPWP) on reducing the triple challenges facing South Africa. A mixed method approach and a paired-sample t-test was performed to determine the effect of LED. Between time 1[M=17.91, SD=2.68] to time 2[M=20.06, SD=3.43, t(44)=5.1429, p |
---|---|
ISSN: | 2146-4138 |