Using value chain governance to address a market's underlying systemic structures

Market systems are often visualised as patterns of behaviour of how actors interact with one another. These patterns are embedded, or rooted, in the rules, incentives and structures of the system, and reflect its institutional biases. Presently, market systems interventions are not particularly effective at addressing institutional biases, since understanding and identifying the biases shaping visible patterns of behaviour is a complicated process. In their thinkpiece, Eric Derks and Mike Field aim to help programmes use an analysis of value chain governance to identify and make sense of the predominant institutional biases at work in a system, and to identify leverage points for interventions to shift these patterns.