OECD Global Forum on Local Development 2026

Solution Lab 7: The proximity economy: Closer to people and place

May 28, 2026 | 12:20 PM - 1:20 PM

SL Room 2.18 Mekong

Description

As global value chains are reconfigured, interest is growing in what a more locally rooted economy can look like. Rather than a retreat from globalisation, the proximity economy can be considered a complementary strategy for making places more competitive and cohesive over the long term by enhancing local resilience and quality of life. From sustaining vibrant high streets, to developing circular economy models that anchor new activity in local supply chains, to ensuring that residents in all parts of a community can access good jobs and essential services, the proximity economy touches some of the most pressing challenges in local development. This session draws on real-world experience and emerging evidence to explore how local value chains, community-led initiatives, and public-private partnerships are helping places build this kind of strength from within.

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