Education – Advocacy – Service – Investment – Collaboration
These are the key operating elements of The CEDI Society or Citizens Economic Development Initiative.
When most people thing about economic development, the first thing that often comes to mind is, real estate, infrastructure and the recruitment of businesses. Although, these are indeed elements of economic development, there is more to economic development than only those types of actions.
Economic Development generally refers to the sustained, concerted actions of policymakers and communities that promote a standard of living and or economic health.
The scope of economic development includes the process and policies by which a nation or region improves the economic, political, and social well-being of its people.
Essentially, a nation or regions economic development is directly related to its human development, which includes, among other things, health, education, and culture as well as job creation.
So how can individuals play a part in economic development? Let’s take a look at four of the five CEDI elements as a way to illustrate how CEDI members can play an important role in our economic recovery.
The Action: CEDI helps citizens gain a greater understanding of the global, national and regional economic process and what their options are to participate in the resurgence of the economy.
The Result: Educated and engaged populations help make regions more valuable and attractive for growing companies considering expansion or re-location.
The Action: CEDI members can collectively provide an educated voice concerning relevant issues facing their region.
The Result: Collaborative and educated citizens can provide valuable data and idea contributions that have the ability to advance concepts for solutions of relevant issues.
The Action: CEDI members collaborate and execute various public service efforts that contribute towards the betterment of a given region.
The Result: Regions with strong citizen service contributions are able to advance resources that have been reduced in poor economic times. These contributions can keep regions relevant and valuable.
The Action: CEDI members across all socio-economic levels are provided with programs that allow them to collaboratively invest in emerging growth companies that are typically out of their investment reach.
The Result: Capital is allocated towards job creating businesses and developments can contribute towards a regional cluster of additional future economic development.
“I am only one, but I am still one. I cannot do everything, but I can I can still do something; and because I cannot do everything, I will not refuse to do something that I can do”. Helen Keller.
Even the smallest contributions can have a great impact on an economy.