How the private sector can contribute to poverty reduction
Three ways to deliver aid more effectively
Market approaches to development described on this website involve the private sector in three ways to deliver aid more effectively:
- Private supply chain development: by creating a market for products and services that are relevant to poverty alleviation such as latrines, mosquito nets or safe water treatment systems
- Value chain development: by linking small farmers to value chains that allow for higher incomes and better livelihoods
- Transforming industries: by making entire industrial sectors more sustainable such as cleaning up the Asian brick industry.
The approaches described here in theoretical and practical terms are follow-up studies of the original book “Poverty alleviation as a business – the market creation approach to development” by Urs Heierli and Paul Polak.