Making Market Systems Work for the Poor

‘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. . ‘Alan’s work was transformational. [He encouraged thinking about] dynamic relationships between many actors and many processes in an ever-changing system of people policies and institutions. He made an enormous contribution.' Kim Wilson Tufts University . ‘The collection of essays captures Alan’s passion and drive and also illustrates his lasting and dynamic legacy across multiple fields within international development. Essential reading for anyone interested in market systems approaches’. Adrian Stone Investment Climate Team Foreign Commonwealth & Development Office . ‘For those of us in the market systems development trenches reading this book is almost as good as having a drink with Alan to debate the best ways to facilitate the evolution of markets that actually work for those living in poverty. From FSD Kenya’s perspective we have learned so much from Alan’s prescient insights many of which are highlighted throughout the chapters in this riveting book.’ Tamara Cook CEO FSD Kenya . 'This book is much more than a testament to the influence which Alan Gibson had on many people's thinking and lives. It is also a testament to the enduring relevance of market system development thinking. By providing a compendium of updates from those at the far flung frontiers of this field the book should encourage current practitioners and inspire future ones.' David Porteous Chair BFAGlobal and Digital Frontiers