With the growing emphasis that the Bank is placing on the rural sector, especially on efforts to raise the productivity and income levels of the rural poor, it has become involved in a number of integrated rural development projects. Although rural populations are largely dependent on agriculture, rural development is not synonymous with agricultural development. The focus of rural development projects should be on rural poverty, and objectives should include increased productivity and higher incomes for the rural poor. In addition, benefits derived from these projects should reach large numbers of low-income producers, should be financially viable and able to raise incomes of this group, and should be replicable. Bank experience has led to several conclusions: (i) new technology will be used only when it is profitable; (ii) development and sustaining of low-cost delivery systems for support services is difficult; (iii) low-cost, effective credit programs are urgently needed; (iv) assistance to small farmers will require subsidization; (v) the degree of acceptance of new technology and of taking advantage of new opportunities varies; and (vi) maximization of local financing and maintenance of investments are essential from the onset.
Details
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Author
Yudelman, Montague
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Document Date
1977/03/01
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Document Type
Publication
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Report Number
UNN193
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Volume No
1
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Total Volume(s)
1
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Disclosure Date
2010/07/01
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Disclosure Status
Disclosed
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Doc Name
Integrated rural development projects : the Bank's experience
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Keywords
Rural Sector;rural area;cost loan;cost of loan;Rural Poor;terms of trade;integrated rural development;small producer;administrative cost;creation of institution;free market economics;large farmer;social indicator;fixed asset;rural support;administrative problem;budgetary effect;outstanding loan;rapid acceleration;physical infrastructure;small farmer;credit program;smaller one;Fixed Assets;credit scheme;low-income group;rural laborer;poverty datum;idle land;primary beneficiaries;small holding;agricultural input;operational responsibility;administrative burden;local action;external fund;single source;rural activity;significant factor;fiscal policy;Fiscal policies;
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Citation
Yudelman, Montague
Integrated rural development projects : the Bank's experience (English). Unnumbered series ; no. UNN 193 Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/844161467980532046/Integrated-rural-development-projects-the-Banks-experience