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Market system development (MSD) for poverty alleviation strategies and societal implications: a conceptual and bibliometric analyses

Author

Listed:
  • Asia Guerreschi

    (University of Ferrara, Italy)

  • Ginevra Coletti

    (University of Ferrara, Italy)

  • Ginevra Coletti

    (Scuola Universitaria Superiore IUSS Pavia, Italy)

  • Edoardo Benassai

    (University of Ferrara, Italy)

Abstract

Market System Development (MSD) is an approach to economic development and poverty alleviation, focusing on making market systems more inclusive and efficient for marginalised populations. Through a conceptual and bibliometric analysis, this review explores various facets of MSD, such as integrating push and pull strategies, leveraging technology for market information dissemination, and assessing the impacts of microfinance and private sector development on market inclusivity. Using bibliometric analysis with the Biblioshiny Package for RStudio, we examined 46 articles sourced from Scopus. Our findings highlight the importance of context-specific interventions and a deep understanding of local market dynamics. Notable examples include strategies for enhancing women's economic empowerment and the application of the Progress out of Poverty Index (PPI) for precise targeting in poverty alleviation programs. The roles of mobile enterprises and periodic markets in rural Kenya and the potential of ICT in improving agricultural market information access illustrate the diverse applications of MSD. This review underscores the need for resilient and equitable market systems to ensure inclusive economic growth, providing valuable insights for policymakers, practitioners, and researchers dedicated to sustainable and secure regional development that uses market conditions through efficient continuous market development.

Suggested Citation

  • Asia Guerreschi & Ginevra Coletti & Ginevra Coletti & Edoardo Benassai, 2025. "Market system development (MSD) for poverty alleviation strategies and societal implications: a conceptual and bibliometric analyses," Insights into Regional Development, VsI Entrepreneurship and Sustainability Center, vol. 7(2), pages 124-140, June.
    • Handle: RePEc:ssi:jouird:v:7:y:2025:i:2:p:124-140
    DOI: 10.70132/k8235826473
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    References listed on IDEAS

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    1. Marie Fare & Pepita Ould Ahmed, 2017. "Complementary currency systems and their ability to support economic and social changes," Post-Print halshs-01623361, HAL.
    2. repec:bla:eurcho:v:8:y:2009:i:specialissue:p:40-45 is not listed on IDEAS
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    More about this item

    Keywords

    market system development; poverty alleviation; regional development;
    All these keywords.

    JEL classification:

    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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