In order to respect and recognize certain linguistic and cultural norms of First Peoples and Inuit, the IPEA Study Centre uses terminology in its activities that may differ from that of other organizations.
Economic autonomy
Economic autonomy refers to the ability of an individual, organization, community, people, or nation to make independent decisions regarding their economic development. It is based on two fundamental pillars:
- Decision-making freedom – The ability to define one’s own economic objectives, choose operational methods, and exercise control over resources and activities.
- Means of action – Access to financial resources, skills, infrastructure, and networks necessary to support and implement these decisions in a sustainable manner.
Economic autonomy thus implies a balance between self-determination and the capacity for action, enabling the concerned actors to build an economic future aligned with their aspirations and values.