Rural Development as a Leading Factor in Economic Growth

DOI

10.2991/assehr.k.200526.040How to use a DOI?

Keywords

economic growth, well-being, rural development, leadership

Abstract

This paper researchers the leading role of rural development in overall economic growth and wellbeing. Contrary to the common consideration that thanks to the increased productivity of labour, agricultural sector and rural development are no longer important for any economy, it appears that they still play a very important leading role and yield many useful benefits. The papwr shows that rural development contributes to the economic development of any country and often plays the key role in the composition of gross domestic product. In addition, it becomes clear that certain tools and incentives need to be applied for making it more efficient and helping it to sustain a leading factor in economic growth. The results obtained in the course of this research might help stakeholders and policymakers to promise rural development policies and to help to turn the public attention to the problems of agriculture and post-agriculture alike. It appears that rural areas might become the new hub for innovative economic projects and might yield positive net profits from non-agricultural activities that include, for example, small and medium production, tangible and intangible tourism, local crafts, and many more.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Oksana Takhumova
PY  - 2020
DA  - 2020/05/27
TI  - Rural Development as a Leading Factor in Economic Growth
BT  - Proceedings of the 6th International Conference on Social, economic, and academic leadership (ICSEAL-6-2019)
PB  - Atlantis Press
SP  - 275
EP  - 279
SN  - 2352-5398
UR  - https://doi.org/10.2991/assehr.k.200526.040
DO  - 10.2991/assehr.k.200526.040
ID  - Takhumova2020
ER  -