Participatory Market Systems Development (PMSD) was developed by Practical Action in the early years of the twenty first century following decades of experience of working with smallholder agriculture and energy markets. It is an approach for working with markets that has been used by Practical Action programmes around the world.
In 2021 PMSD was revised to take into account learning and changes to the internal and external environments. The new guidance includes a mixture of Practical Action developed tools and to avoid replication, tools developed by other organisations which fit into an overall PMSD approach.
The main purpose of the toolkit is to act as a resource for Practical Action programmes but it is available freely for anyone else who wishes to use it.