Mark Drabenstott
Encyclopedia
Mark Drabenstott is a vice-president of the Federal Reserve Bank of Kansas City
and the director of the Center for the Study of Rural America (CSRA). Drabentstott is also chair of the National Policy Association's Food and Agriculture Committee and a director of the National Bureau of Economic Research
at Harvard University
.
He has served as an advisor for the World Bank
and has testified before Congress
on at least 10 occasions.
In the introduction the report notes that the farm economy
is in a deep slump and that there are major economic challenges facing rural communities within the U.S.
. The second section is titled, "A new farm crisis?" and argues that it is important that the government expands its assistance to rural communities. The article also questions whether concentrated and corporatized agriculture will be beneficial to the majority of rural communities and states, "Agricultural policy no longer cures rural ills."
Federal Reserve Bank of Kansas City
The Federal Reserve Bank of Kansas City covers the 10th District of the Federal Reserve, which includes Colorado, Kansas, Nebraska, Oklahoma, Wyoming, and portions of western Missouri and northern New Mexico. The Bank has branches in Denver, Oklahoma City, and Omaha. The current president is...
and the director of the Center for the Study of Rural America (CSRA). Drabentstott is also chair of the National Policy Association's Food and Agriculture Committee and a director of the National Bureau of Economic Research
National Bureau of Economic Research
The National Bureau of Economic Research is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic community." The NBER is well known for providing start and end...
at Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
.
Employment History
Drabenstott joined the bank in 1981 and became a vice-president in 1990. He became director of the CSRA in 1998.He has served as an advisor for the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
and has testified before Congress
United States Congress
The United States Congress is the bicameral legislature of the federal government of the United States, consisting of the Senate and the House of Representatives. The Congress meets in the United States Capitol in Washington, D.C....
on at least 10 occasions.
Rural America in a New Century
Rural America in a New Century was an October 1999 report by Mark Drabenstott, for the Center for the Study of Rural America's newsletter The Main Street Economist.In the introduction the report notes that the farm economy
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
is in a deep slump and that there are major economic challenges facing rural communities within the U.S.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. The second section is titled, "A new farm crisis?" and argues that it is important that the government expands its assistance to rural communities. The article also questions whether concentrated and corporatized agriculture will be beneficial to the majority of rural communities and states, "Agricultural policy no longer cures rural ills."
- "Rethinking Federal Policy for Regional Economic Development" http://www.kc.frb.org/PUBLICAT/EconRev/PDF/1q06drab.pdf