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Using social and economic impact assessment to guide local supplier development initiatives
chapter
posted on 2017-12-06, 00:00 authored by A Esteves, G IvanovaThe recent resource boom in developed countries such as Australia and Canada has brought regional development issues within resource-driven communities to the fore. There are well-documented negative and positive social and economic impacts of rapid resource development on local communities (Ivanova et al., 2007; Krogman et al., 2010). There is, however, little guidance in the literature on which tools of impact assessment to use under which circumstances. This chapter examines one area of resource activity, namely, the purchasing of goods and services by mining, oil and gas companies in the regions and communities in which their operations are located. Specifically, consideration is given as to the selection of impact assessment tools so that local procurement can contribute to sustainable regional development. The chapter suggests a broad set of indicators and assessment approaches to maximize the positive impacts of resource development that arise from the participation of local businesses in mining supply chains, while minimizing the negative impacts. The enhanced local procurement will help to reduce the leakages of positive social and economic impacts from the local community.
History
Editor
Karlsson C; Andersson M; Norman TStart Page
571End Page
596Number of Pages
26ISBN-13
9780857932662Publisher
Edward Elgar PublishingPlace of Publication
Cheltenham, UKPublisher DOI
Full Text URL
Open Access
- No
External Author Affiliations
School of Business and Law (2013- ); TBA Research Institute; University of Strathclyde;Era Eligible
- Yes
Number of Chapters
28Usage metrics
Categories
Keywords
Economics and financeRegional economicsGeographyEconomic geographyResearch methods in geographyResearch methodsResearch methods in economicsUrban and regional studiesResearch methods in urban and regional studiesApplied Economics not elsewhere classifiedUrban and Regional EconomicsEconomic Development and Growth