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Future of Local Economic Development safety signs It is an invaluable resourceThis book looks at the future role of local economic development. Once New Labour came to power in 1997, they sought a third way between the new right agenda of Thatcherism with its attempts to reduce the role of the local state and foster a free market and the lefts attempts to take more control over the local economy in the interest of workers. In July 2007, Gordon Browns government published the 'Review of Sub national Economic Development and