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Best Practices in Twenty‐First‐Century Rural Development and Policy
Author(s) -
OLFERT M. ROSE,
PARTRIDGE MARK D.
Publication year - 2010
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.2010.00523.x
Subject(s) - externality , urbanization , context (archaeology) , economies of agglomeration , order (exchange) , economic growth , rural area , business , face (sociological concept) , economic geography , economics , economic system , development economics , geography , political science , finance , sociology , microeconomics , social science , archaeology , law
The combination of less than perfectly mobile resources (human and other), pervasive urbanization trends with potentially significant (positive and negative) externalities, and an environment of fiscal restraint suggests the need for more effective rural development and policy. In contrast to historical sectoral or fad‐based policies, place‐based rural development programs and policies focus on rural populations in the context of a realistic assessment of the opportunities and constraints they face. Among the most promising opportunities are 1) improving integration (possibly through connective infrastructure) with urban economies in order to access agglomeration economies, 2) enhancing rural amenities, and 3) increasing entrepreneurial capacity.