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From Farm to Market to Table: A Value Chain Approach The DFID Perspective: Making Markets Work for the Poor (M4P) Alan Gibson, consultant 1 Why? M4P 1. Logic/rationale - serious about systems? ‘Real’ development is about scale and 2. Analysis – causes not symptoms? sustainability 3. Future picture – incentives and capacities? 4. Intervention – good practice principles? And therefore about 5. Assessment – system-level focus? changing market systems Achievements? Scale Sustainability What’s different about the approach? Conventional M4P What problems do What problems do people/firms people/firms have? have? Why isn’t their market environment providing solutions to these? How can I help to solve these? … Why isn’t the market system working for the poor? How’s it going to work in the future (post-project)? Who does? Who pays? Incentives Capacities (want to?) (able to?) “People respond to incentives; all the rest is just commentary” 4 Steve Landsburg, The Armchair Economist
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