Community Economic Development, Community Development Finance: Introducing the Terms Exploring the Relationship

Abstract

How the two terms community economic development and community development finance are defined is crucial to the construction of any development system, whether it be geographic or functional in scope. What the terms are thought to entail will influence the fundamental direction of any effort. In this article, the authors set out what is generally accepted as the connotation of these terms, and then report the particular principles that appear to underlie the most effective practice in CED and Community Development finance.