Local Authorities

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Local authorities, cities and regions around Europe have become Common Good Municipalities. Among them are the cities of Salzburg, Stuttgart and Seville.

What these organisations have in common is a vision for their area which puts people and the environment first. There are five ways in which local authorities can engage with the Economy for the Common Good:

  • Common Good Balance Sheet
    Create a Common Good Balance Sheet for the whole administration or for certain departments and publish it
  • Promote Common Good Companies
    Invite all companies that are based and operating in the borough, city or region to create their own Common Good Balance Sheets. This will highlight the pioneers whose achievements could be promoted through annual awards for ECG companies
  • Introduce a Local Common Good Index
    Promote the creation of a local Common Good Index, a quality of life index, which looks at both the Common Good Product (national economy) and the Common Good Balance Sheet (companies). The index is made up of the 20 most important quality of life indicators, which would be identified by local people. The aim is to improve the quality of life for residents. The performance of policy measures would then be assessed according to this quality of life
  • Establish a Local Economic Convention
    A local economic convention is where local residents come together to determine the most important economic priorities at local level. They would  meet regularly in order to understand the ECG model, identify the priority issues and feed back to the local authority. Decisions would be made by the Convention using the systemic consensus method of voting.
  • Create a Common Good Region
    Join together with neighbouring authorities to form a Common Good Region