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Rural Matters

Jun 21, 2022

In this first episode of a new five-part series on the future of investing in rural prosperity, produced in collaboration with the Federal Reserve Bank of St. Louis and the Federal Reserve Board of Governors, Michael chats with the following experts on achieving rural prosperity in America: Linda Lobao, Professor Emeritus in Rural Sociology and Distinguished Professor in Food, Agriculture, and Environment Sciences at The Ohio State University; Daniel Lichter, Ferris Family Professor Emeritus of Life Course Studies in the Cornell Brooks School of Public Policy at Cornell University; and Jose Enrique Garcilazo, Head of Regional and Rural Unit at the Center for Entrepreneurships, SMEs, Regions, and Cities at the Organisation for Economic Co-operation and Development.

They discuss the role of local governments in achieving rural prosperity, how new immigrant groups may provide a demographic and economic lifeline to depopulating rural areas, the changing racial and ethnic composition of rural America, and the reception of local people and the business community to changing rural demographics. This episode, and the entire five-part series, is sponsored by the Federal Reserve Bank of St. Louis and the Federal Reserve Board of Governors. For more information, visit

Visit to read Lichter’s article, “Opportunity and Place: Latino Children and America’s Future,” published in The ANNALS of the American Academy of Political and Social Science.

The views expressed by the podcast guests do not necessarily reflect the views of the Board of Governors of the Federal Reserve System, the Federal Reserve Bank of St. Louis, or the Federal Reserve System.