Received:
2025-01-18 | Accepted:
2025-05-21 | Published:
2025-06-30
Title
Market system development (MSD) for poverty alleviation strategies and societal implications: a conceptual and bibliometric analyses
Abstract
Market System Development (MSD) is an approach to economic development and poverty alleviation, focusing on making market systems more inclusive and efficient for marginalised populations. Through a conceptual and bibliometric analysis, this review explores various facets of MSD, such as integrating push and pull strategies, leveraging technology for market information dissemination, and assessing the impacts of microfinance and private sector development on market inclusivity. Using bibliometric analysis with the Biblioshiny Package for RStudio, we examined 46 articles sourced from Scopus. Our findings highlight the importance of context-specific interventions and a deep understanding of local market dynamics. Notable examples include strategies for enhancing women's economic empowerment and the application of the Progress out of Poverty Index (PPI) for precise targeting in poverty alleviation programs. The roles of mobile enterprises and periodic markets in rural Kenya and the potential of ICT in improving agricultural market information access illustrate the diverse applications of MSD. This review underscores the need for resilient and equitable market systems to ensure inclusive economic growth, providing valuable insights for policymakers, practitioners, and researchers dedicated to sustainable and secure regional development that uses market conditions through efficient continuous market development.
Keywords
market system development, poverty alleviation, regional development
JEL classifications
R11
URI
http://jssidoi.org/ird/article/199
DOI
Pages
124-140
Funding
This publication was produced while attending the PhD programme in PhD in Sustainable Development And Climate Change at the University School for Advanced Studies IUSS Pavia, Cycle XXXIX, with the support of a scholarship financed by the Ministerial Decree no. 351 of 9th April 2022, based on the NRRP - funded by the European Union - NextGenerationEU - Mission 4 "Education and Research", Component 1 "Enhancement of the offer of educational services: from nurseries to universities” - Investment 4.1 “Extension of the number of research doctorates and innovative doctorates for public administration and cultural heritage.
This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License
Journal title
Insights into Regional Development
Volume
7
Number
2
Issue date
June 2025
Issue DOI
ISSN
ISSN 2345-0282 (online)
Publisher
VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania
Cited
Article views & downloads
HTML views: 785 | PDF downloads: 328
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