Monday, April 10, 2006
AS a new development approach, making markets work for the poor (MMW4P) can have a big impact in SA because it is about changing the circumstances that prevent the poor from participating more effectively and extensively in the market economy.
By lowering the barriers blocking people?s participation in markets, by getting businesses to extend their activities to poor regions and by giving the poor a leg up into market activities, development agents ? public and private ? will be helping the poor to help themselves.
Experience around the globe, and in this country, demonstrates that markets are working and can be made to work more effectively to include SA?s poor. The following examples are instructive in this case.