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Although the book is classified under Business & Economics, it is a excellent read for everyone who likes to read books. It is informative and educational. The reader will learn about the challenges rural communities are facing in order to survive. It highlights shortcomings of most developing countries when trying to develop rural areas. It continues to show solutions that were postulated by rural communities in the research process.
In Building a Resilient Twenty-First-Century Economy for Rural America, Don E. Albrecht visits rural communities that have traditionally been dependent on a variety of goods-producing industries, explores what has happened as employment in these industries has declined, and provides a path by which they can build a vibrant twenty-first-century economy. Albrecht describes how structural economic changes led rural voters to support Donald Trump in the 2016 election and why his policies will not relieve the economic problems of rural residents. Trump’s promises to restore rural industrial jobs simply cannot be fulfilled because his policies do not address the base cause for this job loss—technological change, the most significant factor being the machine replacement of human labor in the production process. Bringing a personal understanding of the effects on rural communities and residents, Albrecht focuses each chapter on a community that has traditionally been economically dependent on a single industry—manufacturing, coal mining, agriculture, logging, oil and gas production, and tourism—and the consequences of losing that industry. He also lays out a plan for rebuilding America’s rural areas and creating an economically vibrant country with a more sustainable future. The rural economy cannot return to the past as it was structured and instead must look to a new future. Building a Resilient Twenty-First-Century Economy for Rural America describes the source of economic concerns in rural America and offers real ways to address them. It will be vital to students, scholars, practitioners, community leaders, politicians, and policy makers concerned with rural community development.
Rural communities in Canada are facing a new reality where traditional economic bases such as agriculture, forestry, and manufacturing have eroded. The digital divide, whereby rural Canada lags in access to broadband, has created further barriers to participating in the emerging knowledge economy. Revitalizing Rural Economies offers practical tools for developers, business people, and community leaders. The result of a partnership between the Monieson Centre at Queen's School of Business and entrepreneurs, policy makers, economic development officials, and elected representatives from rural communities across southern Ontario, Revitalizing Rural Economies draws on four years of community-based research to provide strategies for economic revitalization. Integrating case studies and community development guidelines, the authors explore themes such as the building blocks for community economic development (CED), innovation, community assets, vibrant downtowns, social capital accumulation through collaboration and inclusion, and new opportunities for rural economies through creative and value-added businesses. Designed as a practical guide, this book serves as a primer to CED, while also allowing those familiar with the field to delve deeper. Case studies ground the discussion in the challenges and opportunities facing communities. The book provides ideas and resources to foster the long-term resilience of rural regions.
This book discusses the future of rural development and the recognition of the growing importance of 'place-based economies' where the unique attributes and assets of individual places determine their attractiveness for particular types of activities and investments. New understandings of competitiveness and conceptualizations of a new economy underline the importance of making strategic investments in community infrastructure. Doing things, at the local and regional scales, matters and not doing things has consequences. Topics include seasonal economies, amenity migration, IT industries, green energy and transportation developments.
Contrary to conventional wisdom that equates rural economies with agriculture, rural residents in developing countries often rely heavily on activities other than farming for their income. Indeed, nonfarm work accounts for between one-third and one-half of rural incomes in the developing world. In recent years, accelerating globalization, increasing competition from large businesses, expanding urban markets for rural goods and services, and greater availability of information and communication technology have combined to expose rural nonfarm businesses to new opportunities as well as new risks. By examining these rapid changes in the rural nonfarm economy, international experts explore how the rural nonfarm economy can contribute to overall economic growth in developing countries and how the poor can participate in this rapidly evolving segment of the economy. The authors review an array of recent studies of the rural nonfarm economy in order to summarize existing empirical evidence, explore policy implications, and identify future research priorities. They examine the varied scale, structure, and composition of the rural nonfarm economy, as well as its relationship with agricultural and urban enterprises. And they address key questions about the role of public intervention in the rural nonfarm economy and how the rural poor can participate in and navigate the rapid transition underway in rural areas. The contributors offer new insights to specialists in rural development and to others interested in overall economic development.
Contrary to conventional wisdom that equates rural economies with agriculture, rural residents in developing countries often rely heavily on activities other than farming for their income. Indeed, nonfarm work accounts for between one-third and one-half of rural incomes in the developing world. In recent years, accelerating globalization, increasing competition from large businesses, expanding urban markets for rural goods and services, and greater availability of information and communication technology have combined to expose rural nonfarm businesses to new opportunities as well as new risks. By examining these rapid changes in the rural nonfarm economy, international experts explore how the rural nonfarm economy can contribute to overall economic growth in developing countries and how the poor can participate in this rapidly evolving segment of the economy. The authors review an array of recent studies of the rural nonfarm economy in order to summarize existing empirical evidence, explore policy implications, and identify future research priorities. They examine the varied scale, structure, and composition of the rural nonfarm economy, as well as its relationship with agricultural and urban enterprises. And they address key questions about the role of public intervention in the rural nonfarm economy and how the rural poor can participate in and navigate the rapid transition underway in rural areas. The contributors offer new insights to specialists in rural development and to others interested in overall economic development. This book is the product of a joint study by the International Food Policy Research Institute and The World Bank. Contributors: Raisuddin Ahmed, Christopher B. Barrett, Julio Berdegué, Paul A. Dorosh, Steven Haggblade, Peter B. R. Hazell, Eric Hyman, Peter Lanjouw, Carl Liedholm, Donald C. Mead, Richard L. Meyer, Anit Mukherjee, Keijiro Otsuka, Thomas Reardon, Mitch Renkow, Kostas Stamoulis, and Xiaobo Zhang.
This book makes a compelling case for reintegrating structural issues into agricultural and rural development policies, which have for the last 30 years over-focused on short-term issues. It shows how the liberalization of agriculture in many late developing countries has not in fact led to the development of the vibrant rural non-farm economy so often discussed in the literature. Neither has it led to a large-scale integration of agricultural producers into the global economy. Most producers remain engaged in traditional crops--mainly staples--and in traditional marketing systems characterized by limited contractualization. Yet in spite of these observations the book draws optimistic conclusions: there are a clear set of policy priorities that, if adapted to individual country contexts, can facilitate an enduring and productive rural transformation. The book is based on an in-depth seven-country study that surveyed 8,000 rural households. It specifically focuses on these households' activity and income structures in an evolving agricultural context marked by liberalization and trends of increasing economic integration. In doing so it reviews the very different levels (and trajectories) of rural diversification among countries at various stages in the structural transformation process. Among late developers, such as the countries of sub-Saharan Africa, a common observation is an incipient economic transition that is accompanied by a strong process of demographic transition. Consequently, growing cohorts of new labor market entrants pose a dramatic challenge. This new demographic structure offers a huge opportunity for growth if it can be accommodated, and if not it represents a serious political and economic liability. If overall economic diversification is the major avenue for change, sustainable growth, and job creation, then it is clear that agriculture and the rural economy will have a critical role to play in the coming two decades. Based on its investigation of existing rural realities, the book suggests several policy orientations. These include a clear need to focus on staples and family agriculture, to engage in targeted development strategies at the regional level, and to pursue a policy of "territorial development" that promotes strong rural-urban linkages at the level of rural localities, towns and districts.
The history of economic development of countries show that there have been countless examples of institutional agencies that have played pivotal role in fulfilling certain developmental activities. Cooperation as an institution is used in various countries as instrument of economic growth. The economic performance of rural regions around the world is lagging, despite efforts by governments and local leaders to address the problem. Rural economic development should focus on the unique strengths of each area, rather than concentrating on ameliorating generic weaknesses. Rural economic development should address and harness the efficient spatial distribution of economic activity rather than attempt to replicate urban economies. Rural development aims at improving rural people's livelihoods in an equitable and sustainable manner, both socially and environmentally, through better access to assets and services, and control over productive capital that enable them to improve their livelihoods on a sustainable and equitable basis. It is certain that the valuable contributions, views and suggestions of the researchers will be of immense help to the future researchers, policy-makers, administrators and social thinkers in solving the problem of poverty, unemployment and to achieve economic development of the country as well as the state, especially in rural sector, renewing the existing employment generating programmes. The objective underlying the publication of this book is, therefore, to attract the attention of those interested in, and concerned with, the growth and progress of agricultural sector in our country.
This book fills a gap between theory and practice in the field of the rural communities' research. The book consists of fourteen chapters which analyze specific aspects and suggest possible solutions regarding rural communities in the global economy, insisting on the recent transformations of the classical rural economy paradigms in contemporary economies. The main topics of the book are centered but not limited to the following aspects: -Recent transformations of the rural communities -Rural paradigm agricultural and food models -Rural sustainable investments -Consumption models -Business investments strategies in rural areas -Transition economics and market reforms in rural economy -Market inequity and rural economy -Business models and start-ups in rural areas. This book tries to provide insights and support for policy makers, investors, researchers - all of this connecting to the rural communities in the global economy. In this context, the objective of the book is to provide relevant theoretical frameworks and the latest empirical research findings in the area of green rural communities in the global economy and their impact on sustainable development of competitive markets. The main objectives of the book are: -to create a reference for professionals, practitioners, academia and students in field of the rural economy paradigms; -to present and analyze the latest findings in the field of the recent transformations of the rural communities -the paradigms change of rural communities in the global economy; -to create a working paradigm regarding the rural economy The book, Rural Communities in the Global Economy - Beyond The Classical Rural Economy Paradigms will definitely impact editors' fields of research, since it is mainly related to the rural communities in the global economy and the sustainable development of the rural economy through a range of activities, including green entrepreneurship and the "working with people" model. The publication is also a continuation of editors' research of the rural communities in the global economy taking into account the structures in modern business and society. Convinced of its utility, the editors are confident that Rural Communities in the Global Economy - Beyond the Classical Rural Economy Paradigms will become a milestone in the field and will stir debates regarding this research topic. This book is addressed to professionals and researchers working in the field of rural communities' economy research and management.