Journal Article

President's Message: Making It Work

Abstract: This issue of Econ Focus is a special issue on the economic challenges of rural areas and small towns. I spend a lot of time in these communities, meeting with local leaders — in government, business, and nonprofits — to learn from them about the issues they face and, often, the solutions that have worked for them. (During the pandemic, our meetings have been socially distanced.) What I have seen consistently is that success does not come from a single program or initiative. The places that are making it work have several key elements in common: a story, regional cooperation, and dedicated funding — tied together by something harder to define, which I like to call "scrappiness."

Keywords: rural; regional cooperation; economic revitalization;

Bibliographic Information

Provider: Federal Reserve Bank of Richmond

Part of Series: Econ Focus

Publication Date: 2022

Issue: 1Q

Pages: 1