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UNIT 8: RESOURCE MOBILIZATION

UNIT 8: RESOURCE MOBILIZATION. Short- to Medium-Term Strategies for Mobilizing Resources. Discussion Question 1: What can local governments do to increase their resource base in the short to medium term?. Short- to Medium-Term Strategies for Mobilizing Resources.

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UNIT 8: RESOURCE MOBILIZATION

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  1. UNIT 8:RESOURCE MOBILIZATION

  2. Short- to Medium-Term Strategies for Mobilizing Resources Discussion Question 1: What can local governments do to increase their resource base in the short to medium term? Planning the Financial Needs of Devt

  3. Short- to Medium-Term Strategies for Mobilizing Resources Four Examples of Short- to Medium-Term Strategies for Mobilizing Resources: • Intensifying internal revenue mobilisation • Promoting community self-help development • Public-Private Partnership (PPP) • Seeking External Funding Planning the Financial Needs of Devt

  4. Short- to Medium-Term Strategies for Mobilizing Resources 1. Intensifying internal revenue mobilisation • Widening existing tax net • Reducing tax evasion and revenue leakage/waste Planning the Financial Needs of Devt

  5. Short- to Medium-Term Strategies for Mobilizing Resources 2. Promoting Community Self-Help Development • What is Community Self-Help Development? • Why would you consider it as a strategy to mobilize resources for development? Planning the Financial Needs of Devt

  6. Short- to Medium-Term Strategies for Mobilizing Resources 3. Public-Private Partnership (PPP) • What is PPP? [To be discussed in more detail later] Planning the Financial Needs of Devt

  7. Short- to Medium-Term Strategies for Mobilizing Resources 4. Seeking External Funding • Usually involves writing and submitting funding (grant) proposals • What do you know about Grant/Proposal Writing? What goes into it? [To be discussed in more detail later] Planning the Financial Needs of Devt

  8. Long-Term Strategies for Mobilizing Resources Discussion Question 2: What can local governments do to increase and sustain their resource base in the long term? Planning the Financial Needs of Devt

  9. Long-Term Strategies for Mobilizing Resources Two (2) Broad Strategies i. Endogenous Economic Devt Strategies ii. Attracting Exogenous Resources for Local Economic Devt Planning the Financial Needs of Devt

  10. Endogenous Economic Devt Strategies What would you describe as Endogenous (Indigenous) Economic Development Strategies? • Strategies that capitalize on internal resources within the locality/region Planning the Financial Needs of Devt

  11. Endogenous Economic Devt Strategies Some General Approaches: • Promoting the Establishment of New Indigenous Businesses • Growing & Sustaining Existing Businesses • Human resource (Workforce) Development • Entrepreneurship Development • Infrastructure Development • Tourism Development (where potentials exist) Planning the Financial Needs of Devt

  12. Attracting Exogenous Resources for Local Econ Devt Discussion Question 3: a) What would you describe as Exogenous Resources for Local Economic Development? b) What are some of the possible strategies local governments can adopt to attract Exogenous Resources for Local Economic Development? Planning the Financial Needs of Devt

  13. Attracting Exogenous Resources for Local Econ Devt Examples of possible strategies for Attracting Exogenous Resources • Simplifying administrative procedures for investment, enterprise creation, etc • Providing tax advantages—for both enterprises and expatriate employees Planning the Financial Needs of Devt

  14. Attracting Exogenous Resources for Local Econ Devt Examples of possible strategies for Attracting Exogenous Resources • Developing infrastructure (roads, energy, etc) • Providing/facilitating the provision of land for investors • Providing/facilitating the provision of specific facilities—e.g. serviced land Planning the Financial Needs of Devt

  15. Public-Private Partnership (PPP) What is PPP? • Arrangement b/n govt and private entities for the purpose of improving upon delivery of public goods. Planning the Financial Needs of Devt

  16. Public-Private Partnership (PPP) Examples of PPP arrangements: • Joint Ventureship • Management Contract • Build–Operate–Transfer (BOT) • Service Contracts Planning the Financial Needs of Devt

  17. Proposal/Grant Writing • Next Lecture Planning the Financial Needs of Devt

  18. Planning the Financial Needs of Devt

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