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Making Markets Work for the Poor

In: Achieving Sustainable Communities In A Global Economy Alternative Private Strategies and Public Policies

Author

Listed:
  • Eleni Gabre-Madhin
  • Nithya Nagarajan

Abstract

The 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

Suggested Citation

  • Eleni Gabre-Madhin & Nithya Nagarajan, 2004. "Making Markets Work for the Poor," World Scientific Book Chapters, in: Ralph D Christy (ed.), Achieving Sustainable Communities In A Global Economy Alternative Private Strategies and Public Policies, chapter 3, pages 45-83, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789812565679_0003
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