Rural Development as Risk Management
This paper proposes a new concept of rural development in an uncertain world. The nature of risk and uncertainty is discussed and risk management is defined as a positive model of economic and social behaviour. Some relevant paradigms for rural development are briefly reviewed and evaluated within the general approach of risk management. It is demonstrated that the suggested view of risk management can effectively combine and reconcile different approaches outlining their advantages and shortcomings. Departing from a subjective definition of risk management we progressively include its social dimensions and this introduces both complexity and structure in the process of development.
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- Saraceno, Elena, 1994. "Alternative Readings of Spatial Differentiation: The Rural versus the Local Economy Approach in Italy," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 21(3-4), pages 451-74.
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- repec:tpr:qjecon:v:84:y:1970:i:3:p:488-500 is not listed on IDEAS
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