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Innovations to Make Markets More Inclusive for the Poor

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Author Info

  • Ronald U. Mendoza
  • Nina Thelen

Abstract

Market failures, government failures and some of the characteristics of both the poor and business actors as well as their environment can act as barriers preventing the poor from participating more actively in markets, both as consumers and as producers. Private actors - including for-profit and not-for-profit entities, often in partnership with the public sector - have been able to mitigate some of these constraints through innovations that have helped to make markets more inclusive for the poor, enabling them not just to gain access, but also to participate in ways that enhance their economic empowerment and human development. This article identifies the strategies and innovations used and devises a possible typology for them. Copyright (c) The Authors 2008. Journal compilation (c) 2008 Overseas Development Institute..

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Bibliographic Info

Article provided by Overseas Development Institute in its journal Development Policy Review.

Volume (Year): 26 (2008)
Issue (Month): 4 (07)
Pages: 427-458

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Handle: RePEc:bla:devpol:v:26:y:2008:i:4:p:427-458

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Cited by:
  1. Manoj Roy & Simon Guy & David Hulme & Ferdous Jahan, 2011. "Poverty and climate change in urban Bangladesh (CLIMURB): an analytical framework," Brooks World Poverty Institute Working Paper Series 14811, BWPI, The University of Manchester.
  2. Edo Andriesse, 2009. "Balancing private sector development and local-central relations," Asia Pacific Trade and Investment Review, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), vol. 16(1), pages 93-114, June.
  3. Ramani, Shyama & SadreGhazi, Shuan & Duysters, Geert, 2010. "On the Delivery of Pro-Poor Innovations: Managerial Lessons from Sanitation Activists in India," MERIT Working Papers 018, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  4. Acosta, Pablo & Kim, Namsuk & Melzer, Illana & Mendoza, Ronald U. & Thelen, Nina, 2011. "Business and human development in the base of the pyramid: Exploring challenges and opportunities with market heat maps," Journal of World Business, Elsevier, vol. 46(1), pages 50-60, January.
  5. Ramani, Shyama & SadreGhazi, Shuan & Duysters, Geert, 2010. "On the Delivery of Pro-Poor Innovations: Managerial Lessons from Sanitation Activists in India," MERIT Working Papers 018, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
  6. Manoj Roy & Ferdous Jahan & David Hulme, 2012. "Community and institutional responses to the challenges facing poor urban people in Khulna, Bangladesh in an era of climate change," Brooks World Poverty Institute Working Paper Series 16312, BWPI, The University of Manchester.

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