Local Economic Development: the role of place and diversity 1 “Resilience is the capacity of a system to deal with negative change without collapsing, to withstand shocks, and to rebuild itself and learn”; places which go ‘boing!’ 2 Region Whole settlement District Image: The favelas in Sao Paulo, Brazil - an extreme example of people placemaking. 3 Image: The Resilience Place Model (McInroy & Longlands 2010). 4