Local Economy Journal v.29, n.4-5, “Linking rural assets to market demand: Wealth creation value chains in rural America”

Tags: Community Economic Development, Research, Value Chains, Wealth Creation

Client Name: Ford Foundation

Location: Arkansas, Kentucky

Resource Type: Article

Author Org: Yellow Wood Associates, Center for Rural Entrepreneurship

Author: Shanna Ratner, Deborah Markley

Year: 2014

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.

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