- Professor Nwachukwu Prince Ololube1*, Emmanuel Onyekachi Nweke2
- 1Department of Educational Management, Faculty of Education, Ignatius Ajuru University of Education, Nigeria; https://orcid.org/0000-0002-5415-9602
- ISR Journal of Economics, Business and Management (ISRJEBM); Page: 28-44
Abstract: Community participation is a fundamental driver of sustainable development and economic growth, as it fosters inclusive progress, local entrepreneurship, environmental sustainability, and social equity. This article critically examined the multifaceted role of communities in promoting sustainable economic initiatives through localized industrialization, financial inclusion, agricultural development, and cooperative enterprises. It explored key enablers such as governance frameworks, digital literacy, and community investment while addressing challenges like financial constraints, policy limitations, technological exclusion, cultural resistance, and climate change. The discussion highlights how social equity, sustainability awareness, and community-led innovation contribute to long-term economic resilience. Furthermore, the study stressed the importance of strategic interventions, including enhancing financial access, strengthening policy coordination, and leveraging technology to foster inclusive development. The findings emphasized the need for a collaborative approach that integrates grassroots efforts with institutional and global policy support to maximize economic and social impact. Advocating for further research and international policy coordination, the study reinforces the necessity of community-driven models in achieving sustainable development goals. The article concluded that empowering communities with the necessary resources and institutional backing will create long-term economic stability, environmental sustainability, and improved living standards, making them key agents of transformative growth in the modern economy.

