Sustainable Community Economic Development (SCED) has gradually been changing overtime from production philosophy to the welfare ideology of assuring better future for a resilient community. SCED's contribution in poverty alleviation, employment generation, sustainable community design, disaster control and resilience, biodiversity protection and so on. The study conducted a descriptive literature review of the history of this concept in global and Bangladesh perspective. Peer review publications in English language were considered that were indexed in reputed database like Scopus and Web of Science. The study designed two timelines of SCED concept evolution based on the information derived from the existing peer review publications. Both timelines (global and Bangladesh) were found interrelated in couple of points, especially the third phase of the global SCED connected with the first phase of Bangladesh's SCED timeline, immediately after the Liberation War. The study concluded that, SCED is an everchanging area of study and future research would reveal more sustainable features that would make the community sustainable and resilient.

Keywords: Sustainable Community Economic Development (SCED), Bangladesh, NGOs, MFIs