Download Free Rural Economic Development Strategy Book in PDF and EPUB Free Download. You can read online Rural Economic Development Strategy and write the review.

Despite the fact that three quarters of the world's poor live in rural areas, the level of international development aid directed at rural areas has continued to decline over the last decade, particularly in terms of the agricultural sector. In 2001, lending for agricultural projects was the lowest in the World Bank's history. This publication presents the World Bank's new rural development strategy based upon a results oriented approach which stresses practice, implementation, monitoring and empowerment aspects. The strategy seeks to highlight rural development efforts, focusing on the needs of the rural poor, fostering a broad-based economic growth and addressing the impact of global developments on client countries.
Many rural areas in the United States find themselves struggling to build local assets and create wealth, and, when this wealth is created, they often struggle to hold on it. Previous approaches to community and economic development have been inadequate in attempting to reverse these trends. Shifting to a new way of enabling economic development requires supporting innovative community leaders as they explore new ways of approaching the task at hand. It also requires thinking anew about the role of rural areas, based on valuing multiple forms of wealth – natural, social, and human. There is a real need for an approach that can help stem the potential loss of existing wealth, and attract new investment that will allow rural areas to become valued partners in regional economies. This book provides an important insight into rural wealth creation as a sustainable economic development strategy. At the same time, a number of compelling issues are raised that merit future research effort and discussion. This book was originally published as a special issue of Community Development.
With the larger role that the agricultural sector plays in the Eastern Europe and Central Asian (ECA) region, emphasis must be placed on the sector's sustained growth and prosperity. The Bank strategy for rural development in the ECA region during the early phase of transition emphasized the reform of agricultural policies and assistance in privatizing, restructuring, and rebuilding agriculture and agro-industrial complexes. In retrospect, it can be seen that the ECA countries concerned made the right choice when they set their objective to transform their socialized agriculture into a private-ownership and market-based system. Given the developments of the past decade, it is clear, however, that the initial expectations for the outcomes of such reforms were overly optimistic. The transition process in agriculture is far more complex than originally envisaged by both the countries themselves and the international community, including the Bank. Increased social problems and alarming growth of poverty have added a new, unexpected, dimension to the transition process. As the analysis indicates, the region's rural economy is still struggling to adjust to new economic realities, and this will require further refinement and adjustment of the Bank's approach as well. This volume, based on an overview of recent regional developments, summarizes the revised World Bank assistance strategy for rural development in the ECA region.