Making Market Systems Work for the Poor
Experience inspired by Alan Gibson
Edited by Joanna Ledgerwood
About the Book‘The M4P approach recognizes that the lives of the poor are inextricably linked to the functioning of the systems around them. Too often, poorly functioning market systems -- uncompetitive and unresponsive to producer, worker and consumer needs -- have a disproportionately negative impact upon the poor, who lack the resources to overcome such dysfunctions. The M4P approach fosters understanding of the functions and players within market systems and how these can be strengthened in order to better serve the needs of the poor. The approach intervenes at critical constraints in the market system, building capacity within to enable key players to work more effectively for the benefit of the poor.’
Gibson, FSD Kenya Ten-Year Review 2016
Alan Gibson made a significant contribution to international development through his work at the Springfield Centre in the north-east of England, and was instrumental in developing the Making Markets Work for the Poor (M4P) approach to private sector development and poverty alleviation. Alan died while hiking a mountain in northern Scotland in February 2018 and is deeply missed. This book describes the M4P approach and shares practical experience from applying it. Contributors also share their reflections on the efficacy of the approach and why challenges exist. All the contributors were inspired in some way by Alan Gibson’s teachings and this book is a way to honour his legacy.
This collection is essential reading for international development practitioners, funders, consultants, academics, and policymakers.