Local Economic Development Planning Tools: from Subjective to Objective Ones

In: Riga Technical University 58th International Scientific Conference "Scientific Conference on Economics and Entrepreneurship" (SCEE'2017): Proceedings

Abstract

In the present study, the authors analyse and summarise the information that should be available from information systems of the government, municipalities and private sector to create new decision making tools. These instruments are basically related to the existing data collection and analysis at the lowest development planning level – the village, neighbourhood and community.