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Local financing in rural areas

[ Summary ]


Chapter 3:
Achievements and limitations
of LEADER experiences


3.4 Conclusion


The LEADER programme has played an important role in triggering the process of risk-taking and harnessing private savings for local investment. However, in areas with highly dispersed production structures, it has proved very difficult to create a multiplier effect based on short-term public interventions. Although public support remains crucial, it is essential to establish long-term solutions.

LEADER II has shown that, in spite of the positive impact they have created, subsidies alone are not enough to support small-scale project promoters, young innovative entrepreneurs, collective schemes in the social economy sector, etc.

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