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From principles to practice: ten critical challenges for BDS market development

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The BDS market development field has clearly made progress in its first few years of activity. However, to advance the field further, and to address incipient signs that spread has not been accompanied by depth in understanding, it now needs to confront ten critical challenges. These are concerned with reasserting the analytical rigour that underpins the approach, with confronting the difficult issues of how to operationalize market development objectives, and with building the capacity of organizations and personnel.

This chapter highlights these challenges and, in doing so, positions BDS market development within the wider private sector development field. While neither straightforward nor given to pre-packaged solutions, the issues identified here are relevant to all development efforts aimed at making markets work more effectively and inclusively for the benefit of the poor.
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Document Type: Research Article

Publication date: December 15, 2005

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