This paper objectifies to argue some limits and scopes of the local economic development strategies to local management. The paper intends to contextualize the emergence of the thematic in central countries; it shows how the theme is incorporated in politic agend in Brazil, it points out one of the most importants analytical perspectives in Geography for the theme's compreension that is the space's valorization and it suggests a methodological model for studies of local economic development management.
Local economic development management; municipal district; territory