Community Economic Development – A Viable Solution for COVID Recovery
DOI:
https://doi.org/10.29173/cjnser.2020v11n2a397Abstract
The COVID-19 pandemic has laid bare many of the weaknesses in our social and economic systems, exacerbating some
of these challenges and drawing attention to others as we, collectively, find a way forward that results in a sustainable,
inclusive, and equitable future for all. Around the world, community economic development (CED) initiatives already foster
inclusive economic revitalization, access to capital for business development, local ownership of resources, job creation,
poverty reduction, and environmental stewardship. At a larger scale, CED can provide the foundation for COVID-19 recovery. This article outlines key policy proposals for CED-based recovery in Canada and elsewhere. Through the lens of
reconciliation with Indigenous Peoples, intersectionality, and a just transition to a low-carbon future, the Canadian
Community Economic Development Network proposes the implementation of a national social innovation and social finance strategy and other complementary proposals for a post-COVID-19 world.
La pandémie de COVID-19 a mis à nu plusieurs des faiblesses de nos systèmes sociaux et économiques, exacerbant
certains de ces défis et attirant l’attention sur d’autres alors que nous trouvons collectivement une façon d’aller de l’avant
qui mènera vers un avenir viable, inclusif et équitable pour tous et toutes. Partout dans le monde, les initiatives de
développement économique communautaire (DÉC) favorisent déjà la revitalisation économique inclusive, l’accès aux
capitaux pour le développement d’entreprise, la propriété locale des ressources, la création d’emploi, la réduction de la
pauvreté et l’intendance environnementale. À une plus grande échelle, le DÉC peut fournir la fondation pour la relance
suite à la COVID-19. Ce document présente des principales recommandations de politiques pour la relance basée sur
le DEC au Canada et ailleurs. En tenant compte de trois exigences—la réconciliation avec les peuples autochtones,
l’intersectionnalité et une transition équitable vers un avenir à faible émission de carbone, le Réseau canadien de
développement économique communautaire propose la mise en oeuvre d’une stratégie nationale d’innovation sociale et
de financement social et d’autres propositions complémentaires pour un monde post-COVID-19.
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Copyright (c) 2020 Raissa Marks, Michael Toye
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