Understanding local factors in a local area’s economic development, how these have developed, how they’re predicted to develop, and which factors are (or have potential to be) particularly significant — will be essential in informing developing Local Enterpise Partnerships (LEPs) and economic strategies. Equally, the functional relationships between local areas is likely to become more important in policy-making.
With regions no longer the focus of evidence-gathering and policy-making, and an increased emphasis on local decision-making, Local Economic Assessments are an opportunity to focus the collection of evidence to understand the impact of new national policies and to develop local economic ‘stories of place.’
The intelligence in a Local Economic Assessment can also highlight where resources can most productively be targeted to improve local economic development.
To help Local Authorities prepare their Assessments, we’ve created a new web-based resource guide, building on an earlier version circulated in May. This addition to the Observatory’s resource catalogue signposts resources relevant to Local Economic Assessments produced by a range of organisations, as well as the Observatory’s own research.
The resources are grouped into six areas, based on the themes set out in LEA guidance published in March 2010. While that guidance is no longer statutory, it’s still a useful framework to draw on.
The themes you can search by are:
- General Local Economic Assessment resources
- Economic geographies
- Business and enterprise
- People and communities
- Sustainable economic development
- Economic competitiveness
Within each theme, you can search for:
- Data sources: datasets and primary research
- Analysis: interpretation of data and other evidence in the West Midlands and local authorities
- Guidance documents: examples and methodologies for you to follow if you wish
- Other resources: examples of research from outside the West Midlands, and useful links to other websites and research networks
We hope you find this resource guide useful. You can be notified when new resources are added via this RSS feed or email alert. If you have resources you think others would find useful, please submit them to our Resource Catalogue (requires login) or contact firstname.lastname@example.org.
Filed under: Economy & Labour Force, Regional Data and Intelligence Network, Regional Resource Catalogue, Research, West Midlands, West Midlands Regional Observatory Tagged: | data sharing, intelligence, LEA, Local Economic Assessment, local government, local information, resource catalogue, statistics, West Midlands