Crossfire: Many organizations say they are doing M4P but are they really using the approach to its full potential?
It’s been over two decades since Alan Gibson and his Springfield colleagues conducted the original research for the Donor Committee on Enterprise Development (DCED) which led to the development of the Making Markets Work for the Poor (M4P) approach. Over the last decade, application of the approach has expanded significantly and has been widely adopted in the development industry. Today we see it used in many sectors and by all types of organizations. While now more often referred to as ‘market systems development’ (MSD) or the ‘systemic approach’ than perhaps M4P, the basic tenet remains the same: facilitating change in the way market systems work so that poor people are included in the benefits of growth and economic development.