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How to Evaluate Economic Sectors Across Regions

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compare and contrast the performance and potential of different economic sectors across regions, using six steps and various data sources, indicators, and methods."> <meta name="twitter:image" content="https://media.licdn.com/dms/image/v2/D4D12AQF5bEP6EVdaAA/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1674331459616?e=2147483647&amp;v=beta&amp;t=YScjwc52hCkkiFQ9tboMdJmfKUxN3itQyULNyyY4Qp8"> <meta name="appId"> <meta name="twitter:label1" content="Written by"> <meta name="twitter:data1" content="Economics"> <!----> <meta name="clientSideIngraphs" content="1" data-gauge-metric-endpoint="/advice/api/ingraphs/gauge" data-counter-metric-endpoint="/advice/api/ingraphs/counter"> <script type="application/ld+json"> {"@context":"http://schema.org","@type":"Article","headline":"Learn how to compare and contrast the performance and potential of different economic sectors across regions, using six steps and various data sources, indicators, and methods.","url":"https://www.linkedin.com/advice/3/how-do-you-evaluate-economic-sectors-across-regions","publisher":"www.linkedin.com","name":"How do you evaluate economic sectors across regions?","commentCount":7,"interactionStatistic":[{"interactionType":"http://schema.org/LikeAction","userInteractionCount":1,"@type":"InteractionCounter"},{"interactionType":"http://schema.org/CommentAction","userInteractionCount":7,"@type":"InteractionCounter"}],"datePublished":"2023-09-25T19:02:15.000+00:00","mainEntityOfPage":"https://www.linkedin.com/advice/3/how-do-you-evaluate-economic-sectors-across-regions","isAccessibleForFree":true,"image":{"url":"https://media.licdn.com/dms/image/v2/D4D12AQF5bEP6EVdaAA/article-cover_image-shrink_720_1280/article-cover_image-shrink_720_1280/0/1674331459616?e=2147483647&v=beta&t=YScjwc52hCkkiFQ9tboMdJmfKUxN3itQyULNyyY4Qp8","@type":"ImageObject"},"sourceOrganization":"www.linkedin.com","dateModified":"2023-10-06T02:45:14.949+00:00","contributor":[{"@type":"Person","url":"https://www.linkedin.com/in/ivaylo-angelov-444a11109","name":"Ivaylo Angelov","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}},{"@type":"Person","url":"https://uk.linkedin.com/in/dr-ifeanyichukwu-franklin-nworie-2a85ba33","name":"Dr. Ifeanyichukwu Franklin Nworie","image":"https://media.licdn.com/dms/image/v2/C4E03AQFtueVClx7e8Q/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1579911151643?e=2147483647&v=beta&t=PCn1uhwQkTAMKMis7iBuqxRa1ottks5kZEn_ywWSC_Q","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}},{"@type":"Person","url":"https://pk.linkedin.com/in/anis-alam-4b85bb39","name":"Anis Alam","image":"https://media.licdn.com/dms/image/v2/C5603AQHi2sco4V90JA/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1516820889354?e=2147483647&v=beta&t=4Bu7Ud1mprMHEaILZZkwF3AdY6fP1n2U3PMsRXSf7LQ","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}},{"@type":"Person","url":"https://in.linkedin.com/in/sunnynarang","name":"Sunny Narang","image":"https://media.licdn.com/dms/image/v2/D4D03AQHsuzqm6fSwnA/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1731556460608?e=2147483647&v=beta&t=cgRrofbn_2UTCmgu_3aLqJfs7P2xulN8SbOc61kXHyE","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}],"comment":[{"@type":"Comment","text":"The process of evaluating regional economies involves a combination of quantitative analysis using various data sources and qualitative methods to gain a comprehensive understanding of the economic landscape. This information is then used to inform decision-making and strategy development for regional development and growth.","upVoteCount":1,"author":{"@type":"Person","url":"https://www.linkedin.com/in/ivaylo-angelov-444a11109","name":"Ivaylo Angelov","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}},{"@type":"Comment","text":"Evaluating economic sectors across regions involves analyzing various factors that influence each sector's performance and contribution to the regional economy. Here are steps and key considerations for evaluating economic sectors across different regions:\n1.Understand the economic Structure\n2.Analyse sectoral composition\n3.Assess employment and labour productivity\n4.Evaluate sectoral growth rates\n5.Review investment and Innovation\n6.Consider Government policies and regulations\n7. Analyse supply chain and value addition.\nand Finally - Review international trade and export orientation.","upVoteCount":0,"author":{"@type":"Person","url":"https://uk.linkedin.com/in/dr-ifeanyichukwu-franklin-nworie-2a85ba33","name":"Dr. Ifeanyichukwu Franklin Nworie","image":"https://media.licdn.com/dms/image/v2/C4E03AQFtueVClx7e8Q/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1579911151643?e=2147483647&v=beta&t=PCn1uhwQkTAMKMis7iBuqxRa1ottks5kZEn_ywWSC_Q","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}},{"@type":"Comment","text":"Productivity assessment involves analyzing economic indicators like local income generation, job creation, and the value of goods and services produced, considering available resources. Local income often triggers a chain of economic activities. Job creation can be assessed in terms of its impact on the local labor market, including skill enhancement and wage levels. An academic study can explore how income from these activities stimulates further economic growth, including the income multiplier effect, which boosts consumer spending, infrastructure investment, and related sectors' expansion.","upVoteCount":3,"author":{"@type":"Person","url":"https://pk.linkedin.com/in/anis-alam-4b85bb39","name":"Anis Alam","image":"https://media.licdn.com/dms/image/v2/C5603AQHi2sco4V90JA/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1516820889354?e=2147483647&v=beta&t=4Bu7Ud1mprMHEaILZZkwF3AdY6fP1n2U3PMsRXSf7LQ","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}},{"@type":"Comment","text":"Also other factors to consider are: \nSocioeconomic Factors: Take into account socioeconomic factors like income levels, education, urbanization, and demographics that influence sectoral demand and consumption patterns.\nUtilize Data and Comparative Analysis: Gather data from reliable sources, such as government agencies, international organizations, and industry reports.\nConduct comparative analysis across regions to identify strengths, weaknesses, opportunities, and threats within each economic sector.","upVoteCount":0,"author":{"@type":"Person","url":"https://uk.linkedin.com/in/dr-ifeanyichukwu-franklin-nworie-2a85ba33","name":"Dr. Ifeanyichukwu Franklin Nworie","image":"https://media.licdn.com/dms/image/v2/C4E03AQFtueVClx7e8Q/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1579911151643?e=2147483647&v=beta&t=PCn1uhwQkTAMKMis7iBuqxRa1ottks5kZEn_ywWSC_Q","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}},{"@type":"Comment","text":"In addition engage with industry experts - seek insights and opinions from industry experts, economists, and business leaders to gain a deeper understanding of sectoral dynamics in different regions.\nLastly, identify opportunities for growth and diversification: Based on the evaluation, identify sectors with growth potential and opportunities for diversification within each region.\nFormulate strategies to leverage strengths and address weaknesses to enhance the economic performance of each sector.","upVoteCount":1,"author":{"@type":"Person","url":"https://uk.linkedin.com/in/dr-ifeanyichukwu-franklin-nworie-2a85ba33","name":"Dr. Ifeanyichukwu Franklin Nworie","image":"https://media.licdn.com/dms/image/v2/C4E03AQFtueVClx7e8Q/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1579911151643?e=2147483647&v=beta&t=PCn1uhwQkTAMKMis7iBuqxRa1ottks5kZEn_ywWSC_Q","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}},{"@type":"Comment","text":"As an entrepreneur who has worked with teams across sectors, regions and habitats in India, with various levels of enterprises from micro to small to medium to large, private, cooperative and government sectors I would suggest that most important is to analyse the talent and resource base first. And then the supply chain or pipeline both human and financial. \n\nEach region has its cultural and historical templates and you cannot plan for regions without taking them into account.\n\nGetting into new regions is a long play game and not for everyone.","upVoteCount":0,"author":{"@type":"Person","url":"https://in.linkedin.com/in/sunnynarang","name":"Sunny Narang","image":"https://media.licdn.com/dms/image/v2/D4D03AQHsuzqm6fSwnA/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1731556460608?e=2147483647&v=beta&t=cgRrofbn_2UTCmgu_3aLqJfs7P2xulN8SbOc61kXHyE","interactionStatistic":{"@type":"InteractionCounter","interactionType":"https://schema.org/FollowAction","name":"Followers","userInteractionCount":0}}}]} </script> <!----> </head> <body dir="ltr"> <!----><!----><!----> <div class="guest-upsells"> <form class="google-auth base-google-auth" action="https://www.linkedin.com/uas/login-submit" method="post"> <input name="loginCsrfParam" 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class="article-segment-content-container "> <!----><!----> <section class="mb-2"> <ol itemscope itemtype="http://schema.org/BreadcrumbList" class="breadcrumbs "> <li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="breadcrumb inline-block mr-0.5 font-sans text-sm babybear:text-xs text-color-text after:content-['/'] after:text-color-text-low-emphasis after:ml-0.5 after:no-underline last:mr-0 last:after:hidden"> <a itemprop="item" class="breadcrumb__link inline-block link-no-visited-state !text-color-text-low-emphasis" href="https://www.linkedin.com/pulse/topics/home/" data-tracking-control-name="breadcrumb" data-tracking-will-navigate> <span class="font-normal" itemprop="name">All</span> </a> <meta itemprop="position" content="1"> </li> <li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="breadcrumb inline-block mr-0.5 font-sans text-sm babybear:text-xs text-color-text after:content-['/'] after:text-color-text-low-emphasis after:ml-0.5 after:no-underline last:mr-0 last:after:hidden"> <a itemprop="item" class="breadcrumb__link inline-block link-no-visited-state !text-color-text-low-emphasis" href="https://www.linkedin.com/pulse/topics/financial-management-s32864/" data-tracking-control-name="breadcrumb" data-tracking-will-navigate> <span class="font-normal" itemprop="name">Financial Management</span> </a> <meta itemprop="position" content="2"> </li> <li itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem" class="breadcrumb inline-block mr-0.5 font-sans text-sm babybear:text-xs text-color-text after:content-['/'] after:text-color-text-low-emphasis after:ml-0.5 after:no-underline last:mr-0 last:after:hidden"> <a aria-current="page" itemprop="item" class="breadcrumb__link inline-block link-no-visited-state !text-color-text" href="https://www.linkedin.com/pulse/topics/financial-management-s32864/economics-s635/" data-tracking-control-name="breadcrumb" data-tracking-will-navigate> <span class="font-semibold" itemprop="name">Economics</span> </a> <meta itemprop="position" content="3"> </li> </ol> </section> <h1 class="pulse-title text-display-md text-color-text lg:text-display-lg font-bold w-11/12 ">How do you evaluate economic sectors across regions?</h1> <!----> <div class="powered-by-ai py-3 text-sm text-color-text-secondary">Powered by AI and the LinkedIn community</div> <section class="table-of-content pb-6"> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="identify-the-sectors"> <h3 class="text-color-text group-hover:text-color-text-brand">1</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#identify-the-sectors" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Identify the sectors </a> <!----> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="assess-the-productivity"> <h3 class="text-color-text group-hover:text-color-text-brand">2</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#assess-the-productivity" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Assess the productivity </a> <!----> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="analyze-the-competitiveness"> <h3 class="text-color-text group-hover:text-color-text-brand">3</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#analyze-the-competitiveness" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Analyze the competitiveness </a> <!----> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="evaluate-the-impact"> <h3 class="text-color-text group-hover:text-color-text-brand">4</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#evaluate-the-impact" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Evaluate the impact </a> <p class="inline-promotion-text mt-0.5 text-xs font-normal text-color-text-low-emphasis">Be the first to add your personal experience</p> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="identify-the-opportunities"> <h3 class="text-color-text group-hover:text-color-text-brand">5</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#identify-the-opportunities" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Identify the opportunities </a> <p class="inline-promotion-text mt-0.5 text-xs font-normal text-color-text-low-emphasis">Be the first to add your personal experience</p> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="develop-the-strategies"> <h3 class="text-color-text group-hover:text-color-text-brand">6</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#develop-the-strategies" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Develop the strategies </a> <p class="inline-promotion-text mt-0.5 text-xs font-normal text-color-text-low-emphasis">Be the first to add your personal experience</p> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> <div class="group menu-item relative flex cursor-pointer flex-row justify-start border-0 pl-0" data-chunk-header-id="here’s-what-else-to-consider"> <h3 class="text-color-text group-hover:text-color-text-brand">7</h3> <div class="ml-2 mr-6 mt-0.5 min-w-[75%]"> <a class="fragmented-links font-normal !text-color-text underline decoration-1 underline-offset-4 group-hover:!text-color-text-brand" href="#here’s-what-else-to-consider" data-tracking-will-navigate data-tracking-control-name="article-ssr-frontend-x-article__toc-article-segment-navigation">Here’s what else to consider </a> <!----> </div> <icon class="invisible absolute right-2 top-1/2 flex -translate-y-2/4 items-center justify-between rounded-full border-1 border-solid border-color-container-brand p-1 group-hover:visible" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/6q8fxh9snmcwlh1wxg6fktwgf" data-svg-class-name="w-2 h-2 text-color-text-brand"></icon> </div> </section> <div class="x-article-introduction"> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>Economic sectors are broad categories of economic activities that produce goods and services. They can be classified into primary, secondary, tertiary, and quaternary sectors, depending on the level of processing, technology, and innovation involved. Different regions may have different strengths and weaknesses in each sector, depending on their natural resources, human capital, infrastructure, institutions, and policies. How do you evaluate economic sectors across regions? Here are some steps you can follow to compare and contrast the performance and potential of different sectors in different regions.</span><!----> </p> </div> </div> </div> </div> </div> <div class="column-article-segment-contributions md:column md:w-1/2"> <div class="pt-12" data-test-fes-ai-summary-section> <div class="text-color-text text-xl pb-2 font-bold" data-test-fes-ai-summary-title>Key takeaways from this article</div> <ul class="list-disc text-base pl-2"> <li data-test-fes-ai-summary-option class="pb-1 pl-0.5"> <div class="font-bold inline-block text-color-text">Understand productivity metrics:</div> <div class="font-normal inline text-color-text">Analyze value added per worker and per unit of input to assess sector efficiency. This helps identify which sectors maximize resource use, guiding investment and policy decisions.### *Evaluate sector impacts:Use indicators like GDP per capita and unemployment rates to measure a sector's regional contribution. This aids in balancing economic growth with social and environmental sustainability.</div> </li> </ul> <div class="text-sm text-color-text-secondary text-base pt-2 pl-2 pb-1" data-test-fes-ai-summary-subtitle>This summary is powered by AI and these experts</div> <ul class="x-featured-expert-section__experts-list flex flex-col md:flex-row md:justify-between"> <li class="bg-color-surface-tint px-2 py-1.5 rounded-md w-full mb-1.5 md:w-[280px]" data-test-fes-ai-summary-expert> <a href="https://pk.linkedin.com/in/anis-alam-4b85bb39" target="_blank" data-tracking-control-name="summary_expert_actor" data-tracking-will-navigate class="flex flex-row pr-2 hover:no-underline"> <figure class="inline-flex"> <img class="inline-block relative rounded-[50%] w-8 h-8 " data-delayed-url="https://media.licdn.com/dms/image/v2/C5603AQHi2sco4V90JA/profile-displayphoto-shrink_400_400/profile-displayphoto-shrink_400_400/0/1516820889354?e=2147483647&amp;v=beta&amp;t=4Bu7Ud1mprMHEaILZZkwF3AdY6fP1n2U3PMsRXSf7LQ" data-ghost-classes="bg-color-entity-ghost-background" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" alt="Member profile image"> </figure> <div class="pl-2"> <div class="font-semibold text-sm text-color-text"> Anis Alam </div> <div class="break-words font-normal text-xs text-color-text"> Civil Servant ( retired) Trade… </div> </div> </a> <div class="pl-[80px]"> <button class="x-featured-expert-section__expert-contribution-btn cursor-pointer pr-1 font-semibold focus:outline-none text-color-text text-xs" data-tracking-will-navigate="true" data-tracking-control-name="summary_expert_view_contribution" data-expert-contribution-urn="urn:li:comment:(urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321608798208),7115802232536625152)" data-expert-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321608798208)"> View contribution </button> </div> </li> <li class="bg-color-surface-tint px-2 py-1.5 rounded-md w-full mb-1.5 md:w-[280px]" data-test-fes-ai-summary-expert> <a href="https://www.linkedin.com/in/ivaylo-angelov-444a11109" target="_blank" data-tracking-control-name="summary_expert_actor" data-tracking-will-navigate class="flex flex-row pr-2 hover:no-underline"> <figure class="inline-flex"> <img class="inline-block relative rounded-[50%] w-8 h-8 bg-color-entity-ghost-background" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" data-ghost-classes="bg-color-entity-ghost-background" data-ghost-url="https://static.licdn.com/aero-v1/sc/h/9c8pery4andzj6ohjkjp54ma2" alt="Member profile image"> </figure> <div class="pl-2"> <div class="font-semibold text-sm text-color-text"> Ivaylo Angelov </div> <div class="break-words font-normal text-xs text-color-text"> Economist | 30 Most Influential Young… </div> </div> </a> <div class="pl-[80px]"> <button class="x-featured-expert-section__expert-contribution-btn cursor-pointer pr-1 font-semibold focus:outline-none text-color-text text-xs" data-tracking-will-navigate="true" data-tracking-control-name="summary_expert_view_contribution" data-expert-contribution-urn="urn:li:comment:(urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321600372737),7113515916750938112)" data-expert-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321600372737)"> View contribution </button> </div> </li> </ul> </div> </div> </div> <!----> <code id="loginUrl" style="display: none"><!--"https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions"--></code> <div class="article-segment" data-is-logged-in="false" data-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321600372737)" data-test-id="article-segment" data-total-count="3" data-tracking-prefix="article-ssr-frontend-x-article" role="presentation"> <div class="md:row pb-6 md:flex"> <div class="column-article-segment-content md:column md:mb-8 md:mr-4 md:w-1/2 md:flex-1 md:pr-[88px]"> <div class="md:pt-6 sticky-on-scroll"> <div class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321600372737_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="identify-the-sectors" href="#identify-the-sectors" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">1</span> <span class>Identify the sectors</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The first step is to identify the main economic sectors in each region you want to evaluate. 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text-color-text md:mb-0 md:pt-0 line-clamp-5 lg:text-lg" data-tracking-control-name="comment_text">The process of evaluating regional economies involves a combination of quantitative analysis using various data sources and qualitative methods to gain a comprehensive understanding of the economic landscape. 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class="contribution__text-wrapper relative"> <p class="contribution__text mb-1 whitespace-pre-wrap pt-1 text-md leading-open text-color-text md:mb-0 md:pt-0 line-clamp-5 lg:text-lg" data-tracking-control-name="comment_text">Evaluating economic sectors across regions involves analyzing various factors that influence each sector's performance and contribution to the regional economy. Here are steps and key considerations for evaluating economic sectors across different regions: 1.Understand the economic Structure 2.Analyse sectoral composition 3.Assess employment and labour productivity 4.Evaluate sectoral growth rates 5.Review investment and Innovation 6.Consider Government policies and regulations 7. 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class="header-index pr-1.5">2</span> <span class>Assess the productivity</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The second step is to assess the productivity of each sector in each region. 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</div> <div class="contribution__container left__border -mb-2 -mt-1 animate-show ml-0 pl-0 md:ml-[-41px] md:pl-[32px] pr-0 lg:ml-[-33px] lg:pl-[40px] lg:pr-1 pt-2 pb-4"> <div class="flex flex-col justify-between lg:flex-col"> <div class="flex items-center justify-between gap-1"> </div> </div> <div class="contribution__text-wrapper relative"> <p class="contribution__text mb-1 whitespace-pre-wrap pt-1 text-md leading-open text-color-text md:mb-0 md:pt-0 line-clamp-5 lg:text-lg" data-tracking-control-name="comment_text">Also other factors to consider are: Socioeconomic Factors: Take into account socioeconomic factors like income levels, education, urbanization, and demographics that influence sectoral demand and consumption patterns. Utilize Data and Comparative Analysis: Gather data from reliable sources, such as government agencies, international organizations, and industry reports. Conduct comparative analysis across regions to identify strengths, weaknesses, opportunities, and threats within each economic sector.</p> <button class="contribution__see-more-button absolute bottom-0 right-0 hidden cursor-pointer border-0 bg-color-surface p-0 text-md leading-open text-color-text-secondary hover:text-color-action hover:underline lg:text-lg" data-tracking-control-name="comment_expand" data-feed-control="comment_expand" data-feed-action-type="expandContributionText" data-feed-action-category="EXPAND" role="button" type="button">…see more</button> </div> <!----> <div class="contribution__social-action-bar relative right-1 flex flex-row items-center justify-start gap-1"> <div class="contribution-social-activity inline-flex items-center justify-start"> <code id="i18n_reaction_selection_state" style="display: none"><!--"%reactionType% %selectionState%"--></code> <div class="reactions-menu flex flex-row relative items-center justify-center select-none 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class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321612996608_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="analyze-the-competitiveness" href="#analyze-the-competitiveness" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">3</span> <span class>Analyze the competitiveness</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The third step is to analyze the competitiveness of each sector in each region. Competitiveness is a measure of how well a sector can compete in domestic and international markets, based on factors such as quality, price, innovation, and reputation. You can use indicators such as market share, profitability, trade balance, or revealed comparative advantage to compare the competitiveness of each sector across regions. 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data-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321621340161)" data-test-id="article-segment" data-total-count="0" data-tracking-prefix="article-ssr-frontend-x-article" role="presentation"> <div class="md:row pb-6 md:flex"> <div class="column-article-segment-content md:column md:mb-8 md:mr-4 md:w-1/2 md:flex-1 md:pr-[88px]"> <div class="md:pt-6 sticky-on-scroll"> <div class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321621340161_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="evaluate-the-impact" href="#evaluate-the-impact" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">4</span> <span class>Evaluate the impact</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The fourth step is to evaluate the impact of each sector on the economic, social, and environmental outcomes of each region. Impact is a measure of how much a sector contributes to the well-being and sustainability of a region, based on factors such as income, employment, education, health, inequality, poverty, pollution, or climate change. You can use indicators such as GDP per capita, unemployment rate, human development index, Gini coefficient, ecological footprint, or carbon emissions to compare the impact of each sector across regions. You can also use methods such as cost-benefit analysis, impact evaluation, or multi-criteria analysis to weigh the costs and benefits of each sector.</span><!----> </p> </div> </div> </div> </div> </div> <div class="column-article-segment-contributions md:column md:pb-[200px] md:w-1/2"> <div class="article-segment-contributions-header-container bg-color-canvas-tint md:ml-[-12px] md:pt-6 lg:ml-0 sticky-on-scroll mt-1 "> <!----> <div class="add-your-perspective-section relative flex flex-row items-center " data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321621340161)" data-test-add-contribution> <code id="add_your_perspective_tracking_prefix" style="display: none"><!--"article-ssr-frontend-x-article"--></code> <code id="isGuest" style="display: none"><!--true--></code> <code id="showFuseErrorMessage" style="display: none"><!--true--></code> <div class="mb-2"> <a href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions&amp;trk=article-ssr-frontend-x-article" target="_self" data-tracking-control-name="add_contribution_cta" data-tracking-will-navigate data-test-link class="add-your-perspective-button btn-sm flex flex-col items-start justify-center lg:btn-md bg-color-surface-accent-tint-1 hover:bg-color-container-tertiary-hover " data-test-add-contribution-btn aria-describedby="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321621340161_" data-test-contribution-cta-link-guest role="button"> <div data-test-contribution-btn-text class="add-your-perspective-button-text text-left text-color-text-low-emphasis">Add your perspective</div> <!----></a> </div> <div class="contribution-text-area-wrapper relative w-full hidden"> <code id="min_char_limit" style="display: none"><!--"125"--></code> <code id="min_reply_char_limit" style="display: none"><!--"1"--></code> <code id="max_char_limit" style="display: none"><!--"750"--></code> <code id="i18n_contribution_post_success" style="display: none"><!--"Contribution added successfully"--></code> <code id="i18n_contribution_post_error" style="display: none"><!--"Sorry, something went wrong while adding your contribution."--></code> <code id="i18n_contribution_edit_post_success" style="display: none"><!--"Contribution edited successfully"--></code> <code id="i18n_contribution_edit_post_error" style="display: none"><!--"Sorry, something went wrong while editing your contribution."--></code> <code id="i18n_try_refreshing_the_page" style="display: none"><!--"Try refreshing the page."--></code> <code id="i18n_characters" style="display: none"><!--"10 characters."--></code> <code id="i18n_characters_fraction" style="display: none"><!--"10/20 characters"--></code> <code id="i18n_contribution_post_rate_limit_error" style="display: none"><!--"It looks like you’ve already contributed a few times. To ensure diverse perspectives, we limit contributions."--></code> <code id="i18n_contribution_post_rate_limit_error_suggestion" style="display: none"><!--"Check out other articles"--></code> <div class="contribution-text-area-border ease-linear duration-300 mb-2 rounded-md border-1 border-solid border-[var(--color-input-container-border)] p-2 transition-all focus-within:shadow-border hover:shadow-border active:shadow-border-active md:px-3"> <textarea class="contribution-text-area leading-normal placeholder:text-color-input-hint box-border w-full resize-none border-0 bg-color-transparent p-0 text-md leading-open tracking-wide text-color-text outline-none placeholder:text-color-text-disabled lg:text-lg" placeholder="Some ways to get started: - One time at work… - In my experience… - One thing I’ve found helpful…" rows="4" data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321621340161)" aria-errormessage="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321621340161)" data-feed-control="comment_box" data-feed-action-category="EXPAND" data-feed-action-type="expandContributionBox"></textarea> <div class="contribution-action-bar flex w-full items-center pt-2"> <span class="contribution-helper-text grow text-left text-xs text-color-text-secondary lg:text-sm" role="alert"> <span class="contribution-character-count"></span> <span class="contribution-error-message hidden text-color-signal-negative" id="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321621340161)"> Help others by sharing more (125 characters min.) </span> </span> <button class="contribution-cancel-button ease-linear duration-300 btn-sm btn-tertiary mr-1 transition-all lg:btn-md" data-tracking-control-name="cancel_contribution"> Cancel </button> <button disabled="true" aria-disabled="true" class="submit-contribution-button ease-linear duration-300 btn-sm btn-primary transition-all lg:btn-md" data-tracking-control-name="comment_post" data-feed-control="comment_post" data-feed-action-category="COMMENT" data-feed-action-type="submitContribution"> <div class="loader flex"> <div class="loader__container mb-2 overflow-hidden"> <icon class="loader__icon inline-block loader__icon--default text-color-progress-loading" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/ddi43qwelxeqjxdd45pe3fvs1" data-svg-class-name="loader__icon-svg--x-small fill-currentColor h-[20px] min-h-[20px] w-[20px] min-w-[20px]"></icon> </div> </div> <span class="submit-contribution-button-text">Add</span> <span class="save-contribution-changes-button-text">Save</span> </button> </div> </div> </div> </div> </div> <ul class="contribution-list contribution-list-guest"> <!----> </ul> <!----> </div> </div> </div> <code id="loginUrl" style="display: none"><!--"https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions"--></code> <div class="article-segment" data-is-logged-in="false" data-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629732864)" data-test-id="article-segment" data-total-count="0" data-tracking-prefix="article-ssr-frontend-x-article" role="presentation"> <div class="md:row pb-6 md:flex"> <div class="column-article-segment-content md:column md:mb-8 md:mr-4 md:w-1/2 md:flex-1 md:pr-[88px]"> <div class="md:pt-6 sticky-on-scroll"> <div class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321629732864_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="identify-the-opportunities" href="#identify-the-opportunities" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">5</span> <span class>Identify the opportunities</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The fifth step is to identify the opportunities for each sector in each region. Opportunities are the potential areas for growth, improvement, diversification, or innovation that a sector can exploit or create, based on factors such as demand, supply, technology, or policy. You can use methods such as foresight, scenario analysis, or gap analysis to identify the opportunities for each sector across regions. You can also use methods such as stakeholder analysis, network analysis, or cluster analysis to identify the actors and factors that can support or hinder the realization of the opportunities.</span><!----> </p> </div> </div> </div> </div> </div> <div class="column-article-segment-contributions md:column md:pb-[200px] md:w-1/2"> <div class="article-segment-contributions-header-container bg-color-canvas-tint md:ml-[-12px] md:pt-6 lg:ml-0 sticky-on-scroll mt-1 "> <!----> <div class="add-your-perspective-section relative flex flex-row items-center " data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629732864)" data-test-add-contribution> <code id="add_your_perspective_tracking_prefix" style="display: none"><!--"article-ssr-frontend-x-article"--></code> <code id="isGuest" style="display: none"><!--true--></code> <code id="showFuseErrorMessage" style="display: none"><!--true--></code> <div class="mb-2"> <a href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions&amp;trk=article-ssr-frontend-x-article" target="_self" data-tracking-control-name="add_contribution_cta" data-tracking-will-navigate data-test-link class="add-your-perspective-button btn-sm flex flex-col items-start justify-center lg:btn-md bg-color-surface-accent-tint-1 hover:bg-color-container-tertiary-hover " data-test-add-contribution-btn aria-describedby="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321629732864_" data-test-contribution-cta-link-guest role="button"> <div data-test-contribution-btn-text class="add-your-perspective-button-text text-left text-color-text-low-emphasis">Add your perspective</div> <!----></a> </div> <div class="contribution-text-area-wrapper relative w-full hidden"> <code id="min_char_limit" style="display: none"><!--"125"--></code> <code id="min_reply_char_limit" style="display: none"><!--"1"--></code> <code id="max_char_limit" style="display: none"><!--"750"--></code> <code id="i18n_contribution_post_success" style="display: none"><!--"Contribution added successfully"--></code> <code id="i18n_contribution_post_error" style="display: none"><!--"Sorry, something went wrong while adding your contribution."--></code> <code id="i18n_contribution_edit_post_success" style="display: none"><!--"Contribution edited successfully"--></code> <code id="i18n_contribution_edit_post_error" style="display: none"><!--"Sorry, something went wrong while editing your contribution."--></code> <code id="i18n_try_refreshing_the_page" style="display: none"><!--"Try refreshing the page."--></code> <code id="i18n_characters" style="display: none"><!--"10 characters."--></code> <code id="i18n_characters_fraction" style="display: none"><!--"10/20 characters"--></code> <code id="i18n_contribution_post_rate_limit_error" style="display: none"><!--"It looks like you’ve already contributed a few times. To ensure diverse perspectives, we limit contributions."--></code> <code id="i18n_contribution_post_rate_limit_error_suggestion" style="display: none"><!--"Check out other articles"--></code> <div class="contribution-text-area-border ease-linear duration-300 mb-2 rounded-md border-1 border-solid border-[var(--color-input-container-border)] p-2 transition-all focus-within:shadow-border hover:shadow-border active:shadow-border-active md:px-3"> <textarea class="contribution-text-area leading-normal placeholder:text-color-input-hint box-border w-full resize-none border-0 bg-color-transparent p-0 text-md leading-open tracking-wide text-color-text outline-none placeholder:text-color-text-disabled lg:text-lg" placeholder="Some ways to get started: - One time at work… - In my experience… - One thing I’ve found helpful…" rows="4" data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629732864)" aria-errormessage="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629732864)" data-feed-control="comment_box" data-feed-action-category="EXPAND" data-feed-action-type="expandContributionBox"></textarea> <div class="contribution-action-bar flex w-full items-center pt-2"> <span class="contribution-helper-text grow text-left text-xs text-color-text-secondary lg:text-sm" role="alert"> <span class="contribution-character-count"></span> <span class="contribution-error-message hidden text-color-signal-negative" id="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629732864)"> Help others by sharing more (125 characters min.) </span> </span> <button class="contribution-cancel-button ease-linear duration-300 btn-sm btn-tertiary mr-1 transition-all lg:btn-md" data-tracking-control-name="cancel_contribution"> Cancel </button> <button disabled="true" aria-disabled="true" class="submit-contribution-button ease-linear duration-300 btn-sm btn-primary transition-all lg:btn-md" data-tracking-control-name="comment_post" data-feed-control="comment_post" data-feed-action-category="COMMENT" data-feed-action-type="submitContribution"> <div class="loader flex"> <div class="loader__container mb-2 overflow-hidden"> <icon class="loader__icon inline-block loader__icon--default text-color-progress-loading" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/ddi43qwelxeqjxdd45pe3fvs1" data-svg-class-name="loader__icon-svg--x-small fill-currentColor h-[20px] min-h-[20px] w-[20px] min-w-[20px]"></icon> </div> </div> <span class="submit-contribution-button-text">Add</span> <span class="save-contribution-changes-button-text">Save</span> </button> </div> </div> </div> </div> </div> <ul class="contribution-list contribution-list-guest"> <!----> </ul> <!----> </div> </div> </div> <code id="loginUrl" style="display: none"><!--"https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions"--></code> <div class="article-segment" data-is-logged-in="false" data-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629786112)" data-test-id="article-segment" data-total-count="0" data-tracking-prefix="article-ssr-frontend-x-article" role="presentation"> <div class="md:row pb-6 md:flex"> <div class="column-article-segment-content md:column md:mb-8 md:mr-4 md:w-1/2 md:flex-1 md:pr-[88px]"> <div class="md:pt-6 sticky-on-scroll"> <div class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321629786112_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="develop-the-strategies" href="#develop-the-strategies" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">6</span> <span class>Develop the strategies</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>The sixth and final step is to develop the strategies for each sector in each region. Strategies are the plans, actions, and measures that a sector can implement or advocate to achieve its goals, based on factors such as vision, mission, objectives, resources, or constraints. You can use methods such as strategic planning, logical framework, or balanced scorecard to develop the strategies for each sector across regions. You can also use methods such as monitoring, evaluation, or feedback to track the progress and performance of the strategies.</span><!----> </p> </div> </div> </div> </div> </div> <div class="column-article-segment-contributions md:column md:pb-[200px] md:w-1/2"> <div class="article-segment-contributions-header-container bg-color-canvas-tint md:ml-[-12px] md:pt-6 lg:ml-0 sticky-on-scroll mt-1 "> <!----> <div class="add-your-perspective-section relative flex flex-row items-center " data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629786112)" data-test-add-contribution> <code id="add_your_perspective_tracking_prefix" style="display: none"><!--"article-ssr-frontend-x-article"--></code> <code id="isGuest" style="display: none"><!--true--></code> <code id="showFuseErrorMessage" style="display: none"><!--true--></code> <div class="mb-2"> <a href="https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions&amp;trk=article-ssr-frontend-x-article" target="_self" data-tracking-control-name="add_contribution_cta" data-tracking-will-navigate data-test-link class="add-your-perspective-button btn-sm flex flex-col items-start justify-center lg:btn-md bg-color-surface-accent-tint-1 hover:bg-color-container-tertiary-hover " data-test-add-contribution-btn aria-describedby="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321629786112_" data-test-contribution-cta-link-guest role="button"> <div data-test-contribution-btn-text class="add-your-perspective-button-text text-left text-color-text-low-emphasis">Add your perspective</div> <!----></a> </div> <div class="contribution-text-area-wrapper relative w-full hidden"> <code id="min_char_limit" style="display: none"><!--"125"--></code> <code id="min_reply_char_limit" style="display: none"><!--"1"--></code> <code id="max_char_limit" style="display: none"><!--"750"--></code> <code id="i18n_contribution_post_success" style="display: none"><!--"Contribution added successfully"--></code> <code id="i18n_contribution_post_error" style="display: none"><!--"Sorry, something went wrong while adding your contribution."--></code> <code id="i18n_contribution_edit_post_success" style="display: none"><!--"Contribution edited successfully"--></code> <code id="i18n_contribution_edit_post_error" style="display: none"><!--"Sorry, something went wrong while editing your contribution."--></code> <code id="i18n_try_refreshing_the_page" style="display: none"><!--"Try refreshing the page."--></code> <code id="i18n_characters" style="display: none"><!--"10 characters."--></code> <code id="i18n_characters_fraction" style="display: none"><!--"10/20 characters"--></code> <code id="i18n_contribution_post_rate_limit_error" style="display: none"><!--"It looks like you’ve already contributed a few times. To ensure diverse perspectives, we limit contributions."--></code> <code id="i18n_contribution_post_rate_limit_error_suggestion" style="display: none"><!--"Check out other articles"--></code> <div class="contribution-text-area-border ease-linear duration-300 mb-2 rounded-md border-1 border-solid border-[var(--color-input-container-border)] p-2 transition-all focus-within:shadow-border hover:shadow-border active:shadow-border-active md:px-3"> <textarea class="contribution-text-area leading-normal placeholder:text-color-input-hint box-border w-full resize-none border-0 bg-color-transparent p-0 text-md leading-open tracking-wide text-color-text outline-none placeholder:text-color-text-disabled lg:text-lg" placeholder="Some ways to get started: - One time at work… - In my experience… - One thing I’ve found helpful…" rows="4" data-segment-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629786112)" aria-errormessage="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629786112)" data-feed-control="comment_box" data-feed-action-category="EXPAND" data-feed-action-type="expandContributionBox"></textarea> <div class="contribution-action-bar flex w-full items-center pt-2"> <span class="contribution-helper-text grow text-left text-xs text-color-text-secondary lg:text-sm" role="alert"> <span class="contribution-character-count"></span> <span class="contribution-error-message hidden text-color-signal-negative" id="error-urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321629786112)"> Help others by sharing more (125 characters min.) </span> </span> <button class="contribution-cancel-button ease-linear duration-300 btn-sm btn-tertiary mr-1 transition-all lg:btn-md" data-tracking-control-name="cancel_contribution"> Cancel </button> <button disabled="true" aria-disabled="true" class="submit-contribution-button ease-linear duration-300 btn-sm btn-primary transition-all lg:btn-md" data-tracking-control-name="comment_post" data-feed-control="comment_post" data-feed-action-category="COMMENT" data-feed-action-type="submitContribution"> <div class="loader flex"> <div class="loader__container mb-2 overflow-hidden"> <icon class="loader__icon inline-block loader__icon--default text-color-progress-loading" data-delayed-url="https://static.licdn.com/aero-v1/sc/h/ddi43qwelxeqjxdd45pe3fvs1" data-svg-class-name="loader__icon-svg--x-small fill-currentColor h-[20px] min-h-[20px] w-[20px] min-w-[20px]"></icon> </div> </div> <span class="submit-contribution-button-text">Add</span> <span class="save-contribution-changes-button-text">Save</span> </button> </div> </div> </div> </div> </div> <ul class="contribution-list contribution-list-guest"> <!----> </ul> <!----> </div> </div> </div> <code id="loginUrl" style="display: none"><!--"https://www.linkedin.com/signup/cold-join?session_redirect=%2Fadvice%2F3%2Fhow-do-you-evaluate-economic-sectors-across-regions"--></code> <div class="article-segment" data-is-logged-in="false" data-thread-urn="urn:li:articleSegment:(urn:li:linkedInArticle:7112149319574523904,7112149321638146048)" data-test-id="article-segment" data-total-count="1" data-tracking-prefix="article-ssr-frontend-x-article" role="presentation"> <div class="md:row pb-6 md:flex"> <div class="column-article-segment-content md:column md:mb-8 md:mr-4 md:w-1/2 md:flex-1 md:pr-[88px]"> <div class="md:pt-6 "> <div class="article-segment-content-container "> <div id="content-urn_li_articleSegment__urn_li_linkedInArticle_7112149319574523904_7112149321638146048_"> <div class="article-main__content" data-test-id="publishing-text-block"> <h2 class="flex"> <a id="here’s-what-else-to-consider" href="#here’s-what-else-to-consider" class="dummy-anchor invisible absolute mt-[-100px]"></a> <span class="header-index pr-1.5">7</span> <span class>Here’s what else to consider</span><!----> </h2> </div> <div class="article-main__content" data-test-id="publishing-text-block"> <p> <span class>This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. 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class=" ellipsis-menu__item-text inline-block text-color-text font-semibold ">Report contribution</span> </a> <!----> <template id="comment-reported-card-template"> <p class="comment-reported-card bg-color-background-container p-2 text-sm font-medium text-color-text-secondary"> Thanks for letting us know&#33; You&#39;ll no longer see this contribution</p> </template> </li> <!----><!----> </ul> <!----> </div> </div> <code id="contributionCopyLink" style="display: none"><!--"Link copied to clipboard"--></code> <code id="contributionCopyFail" style="display: none"><!--"Copy failed&#44; try again later."--></code> <code id="contributionCopyUnsupported" style="display: none"><!--"Copy to clipboard is unsupported."--></code> </div> </div> <div class="contribution__container left__border -mb-2 -mt-1 animate-show ml-0 pl-0 md:ml-[-41px] md:pl-[32px] pr-0 lg:ml-[-33px] lg:pl-[40px] lg:pr-1 pt-2 pb-4"> <div class="flex flex-col justify-between lg:flex-col"> <div class="flex items-center justify-between gap-1"> </div> </div> <div class="contribution__text-wrapper relative"> <p class="contribution__text mb-1 whitespace-pre-wrap pt-1 text-md leading-open text-color-text md:mb-0 md:pt-0 line-clamp-5 lg:text-lg" data-tracking-control-name="comment_text">As an entrepreneur who has worked with teams across sectors, regions and habitats in India, with various levels of enterprises from micro to small to medium to large, private, cooperative and government sectors I would suggest that most important is to analyse the talent and resource base first. And then the supply chain or pipeline both human and financial. Each region has its cultural and historical templates and you cannot plan for regions without taking them into account. 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