The politics of local development is gaining importance due to the fact that numerous countries today are facing problems with regard to their undeveloped and poorly developed regions. In addition to the existing national programs, what is also being endorsed are the complementary, locally-based approaches to development with pressures originating from below, especially where there is a need to answer territorial and local challenges which demand structural changes.
Local development includes a multidimensional concept of changes which encompass the economic, social, cultural, spatial, environmental, and institutional dimensions. Local development is focused on improving the life quality of a local area, developing and preserving local values, overcoming market deficiencies, developing the capacities of local communities, stimulating innovations, strengthening cohesion, developing entrepreneurship, encouraging change, and discovering untapped potentials within a local region.
Researchers within this area are concerned with economic, social and institutional aspects of local development; they are involved in measuring local unity development, analyzing the politics behind local development and evaluating local programs, strategies and policies. In addition, a portion of their work is also focused on: consultancy for the private and public sector with the aim of gaining a better insight into the economic effects of the existing and proposed programs and policies, as well as on consultancy during the formulation of local politics, programs and strategies. In our research, we cooperate with other research institutions, with relevant participants of local development, ministries, local self-government units, local development agencies, international institutions, civil society organizations etc.