Introduction
Making markets work for the poor (M4P) is a practical approach to reducing poverty, grounded in best practice and guided by four underlying principles:
01Systemic actionM4P focuses on systemic action: understanding where market systems are failing to serve the needs of the poor, and acting to correct those failings.
02Sustainable changeM4P seeks sustainable change from the outset: delivering sustainable outcomes by better aligning key market functions and players with the incentives and capacity to work more effect...
03Large-scale impactM4P pursues large- scale impact: targeting intervention that benefits large numbers of poor people
04Facilitative roleM4P adopts a facilitative role: determining a catalytic purpose for the development agent that stimulates, but does not displace, market functions or players.