Economic and fiscal development - At the service of governance

For the SDC, local economic development is not just an economic matter but a cooperative approach which provides an excellent tool for bringing together different interest groups to agree on local cooperation that can help create jobs and income, in addition to improving governance.

SDC focus

Moreover, local economic development can also strengthen governance at national level. In countries like Kosovo or Burkina Faso, the SDC conducts local economic development activities which have been implemented simultaneously in several towns. This has enabled municipalities (or rather territories, because each town has close links with its peri-urban and rural hinterland) to exchange information and experience that are specific to them. This has led to better cooperation among local authorities and thus added weight to the local dimension in dialogue with central government.

Background

Local economic development brings together various stakeholders from civil society, as well as the public and private sectors. Its goal is to promote cooperation so as to develop a given area. Cooperation is a key factor in governance. Local economic development (LED) triggers a political process in which the protagonists have to negotiate the priorities bearing in mind the limited human and financial resources at their disposal.

Forces that drive the economy

Economic considerations drive the private sector. Cooperation on creating public goods, such as improved framework conditions for investment, calls for a private-public collaboration that is built into concrete projects ("We'll build the road, and you'll build the factory. You tell us what's not right about the investment climate, and we'll put it right."). In this way, combined LED efforts create new business prospects. The public sector needs the private sector for local economic development.

In virtually every country, it is the private sector that creates most jobs and generates income, and jobs and income are a priority for the public sector's customers and voters. Poverty reduction and – perhaps more important for a civil servant – re-election of the mayor and his staff depend on the generation of income.

Governance as a process

Civil society, like local associations, should also be part of planning and implementing development projects in which the economic dimension is obviously not the only issue at stake. The State and local government do not cover all the ground. So the three stakeholder groups – the public and private sectors and civil society – negotiate and cooperate on the basis of concrete information derived from evaluating the strengths and weaknesses of the local economy, as well as the opportunities and risks involved. This dynamic exchange between partners improves governance at local level.

Current projects

Object 961 – 972 of 1018

Urban Transformation Program

01.08.2017 - 31.12.2022

Urban transformation has become one of the top priorities of Colombian cities for tackling their growing urban challenges. The SECO supported Urban Transformation Program aims at (re-)vitalizing the public space through innovative urban infrastructures in selected Colombian Cities in order to promote their economic development.


Better Work Phase III

01.07.2017 - 31.10.2021

Better Work, a partnership of the International Labour Organization and the International Finance Corporation, improves working conditions and respect for labour rights in the garment industry, as well as productivity and competitiveness of apparel businesses. It provides services at factory level to improve compliance with national and international labour standards, facilitates better buying practices in the sector and works at the policy level to improve overall working conditions in global supply chains.



World Bank City Resilience Program

01.07.2017 - 31.12.2021

The City Resilience Program is a project preparation facility, which aims to enhance capacity and consolidate city engagement on urban resilience.It will support the establishment of comprehensive engagements in selected cities as well as the foundation of strategic partnerships in order to unlock new sources of capital for building up resilience.


Water Supply and Wastewater of the municipality of Delnice

30.05.2017 - 31.12.2023

Delnice is located in the region of Gorski Kotar, where Switzerland and Croatia implement three water supply and wastewater projects. The uncontrolled discharge of untreated sanitary wastewater risks to pollute drinking water sources and catchment areas of the Danube and the Adriatic Sea. Moreover, the existing drinking water systems are in need of maintenance. A feasibility study, also financed through the Swiss contribution to Croatia, detects deficiencies and defines needs for action.


Water Supply and Wastewater of the municipality of Fužine

30.05.2017 - 31.12.2023

Fužine is located in the region of Gorski Kotar, where Switzerland and Croatia intend to implement three water supply and wastewater projects. The uncontrolled discharge of untreated sanitary wastewater risks to pollute drinking water sources and catchment areas of the Danube and the Adriatic Sea. Moreover, the existing drinking water systems are in need of maintenance. A feasibility study, also financed through the Swiss contribution to Croatia, detects deficiencies and defines needs for action.


Water Supply and Wastewater of the municipality of Brod Moravice

30.05.2017 - 31.12.2023

Brod Moravice is located in the region of Gorski Kotar, where Switzerland and Croatia intend to implement three water supply and wastewater projects. The uncontrolled discharge of untreated sanitary wastewater risks to pollute drinking water sources and catchment areas of the Danube and the Adriatic Sea. Moreover, the existing drinking water systems are in need of maintenance. A feasibility study, also financed through the Swiss contribution to Croatia, detects deficiencies and defines needs for action.


Umbrella Facility for Trade and Development

01.04.2017 - 31.12.2022

The Umbrella Facility (UF) for Trade, a Multi-Donor Trust Fund for Trade and Development, supports analytical trade work across the World Bank Group (WBG). It is implemented by IBRD/IFC, one of the biggest institutional supporter of analytical work and capacity development on trade within the WBG.


SECO Start-up Fund - Administration 2017-24

01.01.2017 - 31.12.2024

The SECO Start-up Fund is a debt vehicle that provides loans to Swiss-based individuals or small enterprises for the purpose of launching a business in Swiss partner countries. The SECO Start-up Fund is fully owned by the Swiss Confederation and consitutes an instrument of the Swiss Economic Cooperation and Development programme.


Multi-Country Investment Climate Program

01.01.2017 - 31.12.2024

The Multi-Country Investment Climate Program (MCICP) supports investment climate reform advisory in a total of 20 SECO partner countries. It is implemented by the International Finance Corporation (IFC), a globally recognized leader in this field.


Global program on Textil & Clothing - GTEX

01.01.2017 - 31.12.2021

GTEX addresses challenges faced by the Textile & Clothing (T&C) sector, in particular for companies to meet international market requirements. It will enhance capacities at company level, promote a conducive policy environment and strengthen trade support institutions such as business entities, consultancy firms or training centres.


Advisory Centre on WTO Law IV

01.01.2017 - 31.12.2021

The Advisory Centre on WTO Law (ACWL) was established in 2001 with the goal of enabling developing countries, and in particular least developed countries (LDCs), to better understand their rights and obligations in the World Trade Organisation (WTO), and to provide them with equal opportunities to defend their interests in the WTO dispute settlement proceedings. ACWL provides three types of services to this end: legal advice on WTO law, support in dispute settlement proceedings and legal training.

Object 961 – 972 of 1018