Making Markets Work for the Poor

Eleni Gabre-Madhin and Nithya Nagarajan

Chapter 3 in Achieving Sustainable Communities in a Global Economy:Alternative Private Strategies and Public Policies, 2004, pp 45-83 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe following sections are included:Markets and the Poor: Opportunities and ExperiencesLessons from the poorDimensions of Poverty and the Institutional Foundations of the Market: An Integrating FrameworkTransactions cost economics, social capital, and powerTransactions cost economicsEmbeddedness, trust, and social capitalMarket powerThe Sustainable Livelihoods Framework and the Many Dimensions of PovertyMapping Poverty and Market OutcomesAsset ownership, including access to informationVulnerability and riskSocial marginalization and lack of powerPolicy ImplicationsImproving access to market information systems and infrastructureSupporting collective actionSupporting alternative institutional schemesAddressing risk and vulnerabilityAddressing discrimination and social barriersBuilding the asset base of the poorConclusionsReferences

Keywords: Emerging Markets; Market Strategy; Corporate Social Responsibility/Economic Development (search for similar items in EconPapers)
Date: 2004
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