This article aims to analyse some of the possibilities and barriers that local communities face in promoting endogenous industrial development in an increasingly globalised economy. The analysis is based on the view that regionalisation is an important aspect of the globalisation trend and, therefore, a crucial economic trend in the international economy. In the second section, some theoretical issues are introduced and some policy background and dilemmas set out.
This flyer illustrates the difference and relationship between capabilities and capacities and introduces the 5 Capabilities approach in capacity development of organisations. The goal of this approach is to assess in a participative way the capabilities of an organisation and to assist in evaluating the changes over time. It is a tool for preparing a future dialogue on improving capacity development. It highlights which capabilities it needs to develop in order to realise the organisation’s objectives.