Broadening market participation vital to breaking the poverty cycle
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To generate sustained changed for the world's vulnerable farmers, we must as a development fraternity overcome the common misconception that marketplaces are adversarial.
We must rather educate ourselves on the rationality of market systems and how they respond, very predictably, to the commercial imperatives that drive them. If we can create or even expose the value of poor farmers as market actors, then we can create change that takes on a life of its own.
Critically though, we must also ensure that those currently excluded from the market system are not, at the end of a project, still excluded from a market system with improved functionality.
Marking International Micro-, Small and Medium Sized Enterprise Day, World Vision Australia is publishing a report on inclusive market systems development programming that my colleague @Dane Moores and I have
Check out our blog on DevPolicy to read the full report.