Ten Years to Midnight by Blair H. Sheppard

Author:Blair H. Sheppard [Blair H. Sheppard]
Language: eng
Format: epub
Publisher: Berrett-Koehler Publishers
Published: 2020-08-03T16:00:00+00:00

These Local First efforts are emblematic of the work of thousands of entrepreneurs across the globe who are trying to devise local solutions for local problems and in turn develop dynamic local economies. Stitched together, these campaigns exemplify a model that in nearly every important way differs from the far-flung industrial global supply chains of the late twentieth century. Of course, industrial multinationalism is not dead, but it is no longer the answer for economic development in many local regions. Indeed, most of the villages, towns, and cities that have yet to enjoy economic advantages or are being left behind will need to find ways to create a dynamic and thriving economic, educational, and cultural system with a compelling local storyline to provide opportunities for the billions of people that they are responsible for.

Having watched the emergence of Local First ideas, I have some optimism that human ingenuity in these less advantaged places throughout the world will capably unearth innovative answers to address this challenge. Moreover, it will happen more quickly if these local entrepreneurs can count on resources in the form of organizational, operational, and design expertise as well as financial support from the private sector and philanthropists in developed economies. Perhaps to our disappointment we have learned grudgingly that the axiom “a rising tide lifts all boats” is not quite the self-evident truth we once thought it was. Instead, today it may be more appropriate to view the embryonic flow of a local rivulet as the most reliable precursor of an economic waterfall for a local developing region.

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