Traditional Approach

Traditionally, countries have sought to foster rural and regional development primarily through the use of a wide variety of economic instruments.
This approach has included

Providing subsidies to agriculture and other sectors and industries prominent in the targeted regions;

Supporting job creation activities;

Offering various kinds of assistance for the development of businesses and enterprises;

Facilitating access to capital;

Pursuing initiatives to increase investment in the targeted regions

Loans and other measures to assist firms in accessing capital;

Tax incentives