Linking rural assets to market demand: Wealth creation value chains in rural America

Shanna Ratner and Deborah Markley

Local Economy, 2014, vol. 29, issue 4-5, 345-353

Abstract: Rural regions across the United States have struggled to implement economic development strategies that build local assets and create wealth that contributes to sustained prosperity. This article describes a systems framework that enables rural areas to build multiple forms of wealth and provides expanded demand-driven opportunities for economically isolated individuals, businesses and communities. The characteristics of wealth creation value chains and the early results from the implementation of the framework in two regions in the United States are shared.

Keywords: economic development; prosperity; rural; systems framework; wealth creation (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:sae:loceco:v:29:y:2014:i:4-5:p:345-353

DOI: 10.1177/0269094214535713

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