@article{Ritter:171185,
      recid = {171185},
      author = {Ritter, Krisztián},
      title = {POSSIBILITIES OF LOCAL ECONOMIC DEVELOPMENT (LED) IN  LAGGING RURAL AREAS},
      journal = {Acta Carolus Robertus},
      address = {2014},
      number = {1064-2016-86533},
      series = {4},
      pages = {8},
      year = {2014},
      abstract = {The long-term strategic objectives of the EU Rural  Development Policy in the next (2014-2020) programming  period are as follows: the competitiveness of agriculture,  the sustainable management of natural resources and the  balanced territorial development. In this strategy  agriculture seems to remain one of the key element as  solution for lagging rural areas. However parallel to the  decreasing role of agriculture in employment, searching for  the possibilities of local economic development (LED) for  disadvantaged, peripherical rural settlements suffering  from the lack of employment, basic services,  infrastructure, and strong local communities is essential  as well. Based on LED theories and our primary research in  four villages of Nográd county in Hungary firstly the  social functions of traditional agriculture based on local  resources, the increasing importance of diversification and  the labor-intensive products with high added-value have to  be emphasized in the new rural policy. However, as main  point, besides agriculture the expansion of local economy,  strengthening of local communities, development of the  infrastructure and the improvement of urban-rural  connections are essential for lagging rural areas as well,  especially in terms of employment, availability of basic  services and allocation of local rural products to urban  markets. So LED also means the development of the  micro-regional centrums nearby the lagging rural  settlements.},
      url = {http://ageconsearch.umn.edu/record/171185},
      doi = {https://doi.org/10.22004/ag.econ.171185},
}