Bodmando Consulting Group

Inclusive Markets Systems Development

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Sustainable, inclusive market systems are those where disadvantaged people are able to utilize the prevailing opportunities

Sustainable, inclusive market systems are those where disadvantaged people are able to utilize the prevailing opportunities to find economic opportunities in a value chain and to generate a decent income. This is possible through the strengthening of all market actors and their inter-relationships. It includes companies, workers, Civil Society Organizations and regulators in a value chain in addition to the legal frameworks that tame their behavior and the forces of supply and demand.

The approach to inclusive market system development (IMSD) in a development program requires an in-depth market system analysis. This can involve the following;

  • Diagnosis of market systems based on target groups, socio-economic conditions, , trends and opportunities
  • Market system analysis, to understand market dynamics, rules and supporting functions
  • Identification of systemic constraints and causes of market failure
  • Co-creation of solutions to enable sustainable and inclusive change

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