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Transforming the rural nonfarm economy
"Contrary to conventional wisdom that equates rural economies with agriculture, rural residents in developing economies often rely heavily on activities other than farming for their income. Indeed, nonfarm work accounts for between one-third and one-half of rural incomes in the developing world. In recent years, accelerating globalization, increasing competition from large businesses, expanding urban markets for rural goods and services, and greater availability of information and communication technology have combined to expose rural nonfarm businesses to new opportunities as well as new risks." "By examining these rapid changes in the rural nonfarm economy, the international experts contributing to this volume explore how the rural nonfarm economy can contribute to overall economic growth in developing countries and how the poor can participate in this rapidly evolving segment of...
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