Using systems thinking to reach the poor through markets

  • Mar Maestre Universidad de Sussex
  • Jodie Thorpe Equipo Empresas, Mercados y el Estado en el Instituto de Estudios para el Desarrollo (IDS)
Keywords: Market systems, Private sector development, Vulnerable populations, Poverty reduction, Systems thinking

Abstract

Following the Sustainable Development Goals (SDGs) agenda of ‘leave no one behind’, this article argues for a new way of thinking about markets and the private sector that addresses these new challenges. It introduces market systems development (MSD) as a new approach for engaging with the private sector using complexity and systems thinking. By understanding better the role and limits of market-based approaches, policy actors will be better able to select strategies to create an appropriate institutional environment that shapes how the private sector and other actors operate for the benefit of vulnerable target groups.

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Published
2023-01-30
How to Cite
Maestre M. . y Thorpe J. . (2023). Using systems thinking to reach the poor through markets. Revista Española de Desarrollo y Cooperación, 40, 39-51. https://revistas.ucm.es/index.php/REDC/article/view/86068
Section
Articles