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People-Centered Economic Development

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People-Centered Economic Development

Advocacy for economics which are measured and calibrated in human terms. An operational model for business which invests profit for social objectives.

Group Type: Global Villages, Transition Businesses,
Members: 7
Latest Activity: Feb 6, 2012


P-CED places people at the center of economic development. P-CED takes the bottom line one step further: to people, past numbers. Enterprise profitability and economic success cannot be fairly measured in terms of gains of money capital alone. Profit is redefined in human terms rather than pure quantitative analyses that remove human and social concerns in the name of profit.

P-CED advocates for the development of localized people-centered economics on a global basis. Toward this end, each local community needs access to:

  • a comprehensive, easily accessible information source about all of its currently available local resources
  • an extended national and global information resource base to facilitate locating and sharing of resources
  • resources for creation of community funding enterprises for profit, with profits to be applied to social needs in addition to private wealth creation

P-CED began as a 'poverty-relief via targeted community enterprise development' advocacy in the US in 1997.  P-CED now operates as a UK-registered profit-for-purpose in the former Soviet Union, and a social relief enterprise in Ukraine.

Discussion Forum

Terry Hallman: A life lived for others

Started by Jeff Mowatt Sep 1, 2011. 0 Replies

I would describe myself as an atheist, whereas our founder Terry Hallman was a man whose Christian faith had significant influence on his social activism. I used the past tense because Terry died on…Continue

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Comment by Jeff Mowatt on September 1, 2011 at 10:56am
A tribute to P-CED founder Terry Hallman who died two weeks ago in Kharkiv Ukraine, where he'd placed the cause of Ukraine's children abandoned to state care ahead of his health and eventually his life.

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