Socio-Economic Projects Spillovers and Their Influence on Communities Development

Abstract

The purpose of this paper is to gauge the different community socio-economic influences that comes as a result of the impacts and the potential of spillovers brought by these socio-economic projects. Based on the literature review, a theoretical framework is hypothesised. The framework proposes the relation between the socio-economic projects, four stages and their potential impact and spillovers. Selective cases relevant to projects of poverty elimination, healthcare development and women empowerment are carefully studied and dissected. Then, each case is evaluated in relevance to its value chain through a detailed summary. The impact and spillover of each of the sampled projects are illustrated and clarified. Despite its limitations, this study carries important implications as it brings in diverse tools for gauging the different efforts in journey related to creating a socio-economic outcome.