Investigating Rural Development: Conceptual Framework and Factors for Promoting It
Rural development is a multifaceted concept encompassing economic, social, cultural, and environmental dimensions. This paper explores the various factors involved in promoting rural development, with a focus on the outcome produced by the interplay between agriculture, infrastructure development, n...
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Institutul de Studii Financiare
2024-06-01
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| Series: | Revista de Studii Financiare |
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| Online Access: | https://revista.isfin.ro/wp-content/uploads/2024/06/12.-Popa-George-Marius_1.pdf |
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| author | Marius George Popa Stelian Grasu Aura Cadis Mădălina Popp |
| author_facet | Marius George Popa Stelian Grasu Aura Cadis Mădălina Popp |
| author_sort | Marius George Popa |
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| description | Rural development is a multifaceted concept encompassing economic, social, cultural, and environmental dimensions. This paper explores the various factors involved in promoting rural development, with a focus on the outcome produced by the interplay between agriculture, infrastructure development, non-farm activities, social and cultural relations, education, environmental sustainability and government interventions. Drawing from scholarly literature and empirical evidence, it examines the role of each of these components in enhancing the well-being of rural communities. Agriculture remains a cornerstone of rural economies, but diversification into non-farm activities and the development of infrastructure are equally important. Infrastructure investments improve market access, reduce transaction costs, and stimulate economic activity, while non-farm activities contribute to job creation and income generation. Moreover, promoting entrepreneurship and innovation can drive economic growth and create opportunities for rural businesses. Social and cultural relations play a vital role in rural development, fostering community cohesion and resilience. Education emerges as a key enabler of rural development, empowering individuals with the skills and knowledge needed to participate in economic and social life effectively. Environmental sustainability is integral to rural development, as it ensures the long-term viability of rural ecosystems and livelihoods. Overall, rural development requires coordinated efforts across multiple fronts, involving various stakeholders and sectors. By addressing economic, social, cultural and environmental challenges in an integrated manner, policymakers can foster inclusive and sustainable rural development, thereby improving the well-being of rural communities and contributing to overall national development goals. |
| format | Article |
| id | doaj-art-8c8a0dd52cad4d8aa1c144ce68eb587d |
| institution | OA Journals |
| issn | 2537-3714 2559-1347 |
| language | English |
| publishDate | 2024-06-01 |
| publisher | Institutul de Studii Financiare |
| record_format | Article |
| series | Revista de Studii Financiare |
| spelling | doaj-art-8c8a0dd52cad4d8aa1c144ce68eb587d2025-08-20T01:52:38ZengInstitutul de Studii FinanciareRevista de Studii Financiare2537-37142559-13472024-06-019Special16519010.55654/JFS.2024.9.SP.12Investigating Rural Development: Conceptual Framework and Factors for Promoting ItMarius George Popa0Stelian Grasu1Aura Cadis2Mădălina Popp3The Bucharest University of Economic Studies, Bucharest, RomaniaThe Bucharest University of Economic Studies, Bucharest, RomaniaThe Bucharest University of Economic Studies, Bucharest, RomaniaThe Bucharest University of Economic Studies, Bucharest, RomaniaRural development is a multifaceted concept encompassing economic, social, cultural, and environmental dimensions. This paper explores the various factors involved in promoting rural development, with a focus on the outcome produced by the interplay between agriculture, infrastructure development, non-farm activities, social and cultural relations, education, environmental sustainability and government interventions. Drawing from scholarly literature and empirical evidence, it examines the role of each of these components in enhancing the well-being of rural communities. Agriculture remains a cornerstone of rural economies, but diversification into non-farm activities and the development of infrastructure are equally important. Infrastructure investments improve market access, reduce transaction costs, and stimulate economic activity, while non-farm activities contribute to job creation and income generation. Moreover, promoting entrepreneurship and innovation can drive economic growth and create opportunities for rural businesses. Social and cultural relations play a vital role in rural development, fostering community cohesion and resilience. Education emerges as a key enabler of rural development, empowering individuals with the skills and knowledge needed to participate in economic and social life effectively. Environmental sustainability is integral to rural development, as it ensures the long-term viability of rural ecosystems and livelihoods. Overall, rural development requires coordinated efforts across multiple fronts, involving various stakeholders and sectors. By addressing economic, social, cultural and environmental challenges in an integrated manner, policymakers can foster inclusive and sustainable rural development, thereby improving the well-being of rural communities and contributing to overall national development goals.https://revista.isfin.ro/wp-content/uploads/2024/06/12.-Popa-George-Marius_1.pdfrural developmentfactorsrural growtheconomysocialcultureenvironment |
| spellingShingle | Marius George Popa Stelian Grasu Aura Cadis Mădălina Popp Investigating Rural Development: Conceptual Framework and Factors for Promoting It Revista de Studii Financiare rural development factors rural growth economy social culture environment |
| title | Investigating Rural Development: Conceptual Framework and Factors for Promoting It |
| title_full | Investigating Rural Development: Conceptual Framework and Factors for Promoting It |
| title_fullStr | Investigating Rural Development: Conceptual Framework and Factors for Promoting It |
| title_full_unstemmed | Investigating Rural Development: Conceptual Framework and Factors for Promoting It |
| title_short | Investigating Rural Development: Conceptual Framework and Factors for Promoting It |
| title_sort | investigating rural development conceptual framework and factors for promoting it |
| topic | rural development factors rural growth economy social culture environment |
| url | https://revista.isfin.ro/wp-content/uploads/2024/06/12.-Popa-George-Marius_1.pdf |
| work_keys_str_mv | AT mariusgeorgepopa investigatingruraldevelopmentconceptualframeworkandfactorsforpromotingit AT steliangrasu investigatingruraldevelopmentconceptualframeworkandfactorsforpromotingit AT auracadis investigatingruraldevelopmentconceptualframeworkandfactorsforpromotingit AT madalinapopp investigatingruraldevelopmentconceptualframeworkandfactorsforpromotingit |