Economic diversity and business development will be encouraged to facilitate small and medium enterprises, together with local economic strengths, support the growth of a variety of economic sectors, urban regeneration and growth, and to address rural isolation and rural diversification. Local development plan documents will assess the requirements of the various sectors of the local economy, including tourism and culture, and formulate policies and proposals to support their sustainable development. Local development plan documents will ensure that sufficient range, quantity and quality of land to meet the needs of business, including the provision of smaller units, is provided and safeguarded for a balanced economy in both urban and rural areas. It is important to encourage all aspects of the economy and ensure it is broadly based. This will increase its resilience to external changes and pressures, including geo-political changes to the global economy and the impact of climate change. This book analyses various aspects of this subject. The book will be highly useful to students and teachers.
