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Rural Wealth Creation (Hardcover, New)
Loot Price: R6,298
Discovery Miles 62 980
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Rural Wealth Creation (Hardcover, New)
Series: Routledge Textbooks in Environmental and Agricultural Economics
Expected to ship within 12 - 17 working days
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This book investigates the role of wealth in achieving sustainable
rural economic development. The authors define wealth as all assets
net of liabilities that can contribute to well-being, and they
provide examples of many forms of capital - physical, financial,
human, natural, social, and others. They propose a conceptual
framework for rural wealth creation that considers how multiple
forms of wealth provide opportunities for rural development, and
how development strategies affect the dynamics of wealth. They also
provide a new accounting framework for measuring wealth stocks and
flows. These conceptual frameworks are employed in case study
chapters on measuring rural wealth and on rural wealth creation
strategies. Rural Wealth Creation makes numerous contributions to
research on sustainable rural development. Important distinctions
are drawn to help guide wealth measurement, such as the difference
between the wealth located within a region and the wealth owned by
residents of a region, and privately owned versus publicly owned
wealth. Case study chapters illustrate these distinctions and
demonstrate how different forms of wealth can be measured. Several
key hypotheses are proposed about the process of rural wealth
creation, and these are investigated by case study chapters
assessing common rural development strategies, such as promoting
rural energy industries and amenity-based development. Based on
these case studies, a typology of rural wealth creation strategies
is proposed and an approach to mapping the potential of such
strategies in different contexts is demonstrated. This book will be
relevant to students, researchers, and policy makers looking at
rural community development, sustainable economic development, and
wealth measurement.
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