European Rural Development (ERD)
 
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Economic Dimension
Many languages have sayings which point out that for ordinary men and women the economic sphere of life comes first and foremost. In the end, if there is no viable economic basis for rural life, there will be no rural life. Societies cannot indefinitely afford to subsidize living conditions only for reasons such as "landscape preservation" or "cultural heritage". 
Essential for the economic analysis is a broad perspective. Agriculture and forestry are often not the most important economic activities in rural areas. There are rural regions in Europe, where agriculture and forestry play a minor role or are almost irrelevant for the income of the population. Austrian tourist "villages" in the Alpine mountains are a case in point. But even under ordinary conditions other sectors than agriculture and forestry are getting more and more important, such as rural industry or rural services. 
In recent years there have been also economic developments in rural areas that could be summarized under the term "new economy". These include not only facilities and services of the IT industry, but also bio-technology firms. The "new economy" is sometimes combined with traditional production and tourism, such as in the direct marketing projects on the Internet for organically produced agricultural products (see for instance: "Culinarium Austria" or "Styria Beef")
 
 
   

Last updated: October 11, 2002