Investing in Rural Prosperity
Rural communities throughout the United States are vibrant places with great people, rich culture and heritage, and deep social ties. But many rural communities have been buffeted by the increasing prominence of automation and the knowledge-based economy, along with long-term challenges arising from lower educational levels, remoteness and other factors. As a result, many communities are at a crossroads, wondering which direction will lead to prosperity for all. Investing in Rural Prosperity seeks to help people living in rural areas navigate the challenges and opportunities they face to achieve a prosperous future.
Rural Prosperity Series: This five-part series on the future of investing in rural prosperity is produced through a collaboration between the St. Louis Fed, the Federal Reserve Board of Governors and Rural Matters.
- Part I: Achieving Rural Prosperity. Released June 21, 2022.
- Part II: Driving Collaborative Investment in Rural Prosperity. Released Sept. 7, 2022.
- Part III: Breaking Infrastructural Barriers to Rural Prosperity. Released Sept. 12, 2022.
- Part IV: Advancing Rural and Native Prosperity. Released Sept. 29, 2022.
- Part V: Realizing Rural Prosperity. Released Nov. 9, 2022.
Also listen to:
Articles and Blogs
Centering tribal values to improve prosperity in Native American communities.
Andrew Dumont and Andrew Huff. FedCommunities, Nov. 9, 2022.
- Bucking the Trends, Some Rural Areas Thrive.
Jennifer Wilding. Kansas City Fed, Community Connections, June 15, 2022.
- Building Rural Capacity for an Inclusive Recovery.
Andrew Dumont and Sam Evans. St. Louis Fed, Open Vault, May 18, 2022.
- Supporting Entrepreneurship for Rural Economic Development.
Andrew Dumont and Marysol McGee. Fed Communities, Feb. 10, 2022.
- Insights on Advancing Shared Rural Prosperity.
Andrew Dumont and Sam Evans. St. Louis Fed, Open Vault, Dec. 8, 2021.
- New Book Shares Success Stories, Action Steps for Rural Prosperity.
Jeremy Hegle. Kansas City Fed, Community Connections, Nov. 23, 2021.
- Why Inclusive Development Matters to Rural Communities.
Sam Evans. St. Louis Fed, Bridges, Nov. 17, 2021.
- The “TRIC” to Fostering Shared Economic Prosperity in Rural America.
Daniel Davis and Andrew Dumont. St. Louis Fed, Open Vault, Oct. 31, 2021.
Investing in Rural Prosperity: A Framework for Advancing Shared Economic Prosperity in Rural Communities across the United States.
Connecting Communities® webinar, Nov. 16, 2021.
Investing in Rural Prosperity.
Hosted by the Federal Reserve Bank of New York, May 24, 2022.
Investing in Rural Prosperity, published by the Federal Reserve Bank of St. Louis in collaboration with the Federal Reserve Board of Governors, seeks to help rural individuals and communities achieve shared economic prosperity.
By outlining a framework for how to approach rural development successfully and showcasing stories of progress in different communities—as well as highlighting opportunities for policymakers, practitioners, funders and researchers—the editors and authors hope to advance this important goal.
The book includes contributions from 79 authors in the United States and abroad who represent financial institutions, nonprofits, philanthropies, academia and government agencies.
The chapters touch on a wide range of topics, including entrepreneurship support, workforce development, energy-efficient manufactured housing and digital inclusion. The book delves into the challenges of our past and the promise of our future. Ultimately, Investing in Rural Prosperity is a call to action, so we can realize that promise—together.
Megatrends and Implications for Rural Development Policy (PDF)
By Jose Enrique Garcilazo
The Elusive Promise of U.S. Rural Policy (PDF)
By David Freshwater
Marginalization of Rural Communities in the U.S. (PDF)
By Cynthia “Mil” Duncan and Jessica D. Ulrich-Schad
A Demographic Lifeline to Rural America: Latino Population Growth in New Destinations, 1990-2019 (PDF)
By Daniel T. Lichter and Kenneth M. Johnson
Local Governments across Rural America: Status, Challenges and Positioning for the Future (PDF)
By Linda Lobao and Paige Kelly
Native America x Rural America: Tribal Nations as Key Players in Regional Rural Economies (PDF)
By Miriam Jorgensen and Joan Timeche
Rural Opportunities: Changing the Narrative and Shifting Ownership of Land (PDF)
By Savi Horne, Livia Marques and Mikki Sager
The “TRIC” to Fostering Shared Economic Prosperity in Rural America (PDF)
By Daniel Paul Davis and Andrew Dumont
Turning Points: Doing Rural Development Differently (PDF)
By Janet Topolsky
A Path for Rural Resilience (PDF)
By Jenna Bryant and John Cooper
Inclusive Development: A Competitive Advantage for Rural Communities (PDF)
By Noel Andrés Poyo
Collaborative Rural Development and Regional Economic Connectivity (PDF)
By Brian Dabson and Christiana K. McFarland
Fostering Rural Prosperity through the Stewardship Economy (PDF)
By Nils D. Christoffersen and Rob Riley
Cultivating Capital: Partners for Rural Transformation (PDF)
By Suzanne Anarde, Bill Bynum, Chrystel Cornelius, Jim King, Nick Mitchell-Bennett and Ines Polonius
A Model for Rural Workforce Development that Works (PDF)
By John Molinaro
Promoting Economic Inclusion in Maine: Systems Change in Rural Communities, One Business at a Time (PDF)
By Elizabeth L. Rogers, John Scribner and Leah B. Thibault
Entrepreneurial Ecosystem-Building in Rural America (PDF)
By Steve Radley and Don Macke
Re-Imagining Manufactured Housing in Rural Communities (PDF)
By Stacey Epperson
Expanding Oklahoma’s Prosperity One Dream at a Time (PDF)
By Scott Dewald
Investing in California’s San Joaquin Valley Communities (PDF)
By Kaying Hang, Gil Alvarado, Ellen Braff-Guajardo, Lisa Richter and Leslie Cooksy
Geographic Equity Belongs in Federal Policymaking (PDF)
By David Lipsetz
Rethinking Fiscal Policy for Inclusive Rural Development (PDF)
By Mark N. Haggerty and Julia H. Haggerty
Building Local Capacity in Rural People, Places and Systems (PDF)
By Sarah Kackar and Susan Fitter Harris
Developing Climatic Capacity in Rural Places (PDF)
By Caitlin Cain
A Swiss Army Knife for Rural Development (PDF)
By Darrin Williams
Native CDFIs: Strengthening the Fabric of Rural America (PDF)
By Tawney Brunsch, Elsie Meeks and Joanna Donohoe
The Role of Philanthropy in Rural Community Development (PDF)
By Anne Kubisch, Kasi Allen, Roque Barros, Denise Callahan, Keavy Cook and Kathleen Flanagan
Rural Rebound Redux (PDF)
By Brian Fogle
Beyond GDP: Measuring Rural Assets, and Why It Matters (PDF)
By Becca B.R. Jablonski and Corianne Payton Scally
Community Development across Borders: How International Development Policy and Practice Can Inform U.S. Rural Policy (PDF)
By Tony Pipa and Natalie Geismar
Effective and Ethical Rural Development (PDF)
By Caius Z. Willingham and Olugbenga Ajilore
The views expressed in the book do not necessarily reflect the views of the Federal Reserve Bank of St. Louis, the Board of Governors of the Federal Reserve System, or the Federal Reserve System.