Market Systems
There is an increasing recognition that market, social, ecological and other systems can have a significant impact on household and community resilience, as well as being a locus of resilience on their own.
Resilience is defined as the “ability of people, households, communities, countries, and systems to mitigate, adapt to, and recover from shocks and stresses in a manner that reduces chronic vulnerability and facilitates inclusive growth.” The multilevel nature and scale of resilience is key.
While progress has been made on measuring household- and community-level resilience, there is an increasing recognition that market, social, ecological, and other systems can have a significant impact on household and community resilience, as well as being a locus of resilience on their own. Market systems, for example, can increase household resilience by providing profitable, diversified livelihood opportunities, but are also themselves subject to shocks such as price fluctuations. More work needs to be done on identifying and measuring systems that scale resilience, and understanding systems that are already in place is important to help prevent activities that duplicate existing efforts and displace existing stakeholders.
More About Market Systems
The Importance of Ukraine and the Russian Federation for Global Agricultural Markets and the Risks Associated with the War in Ukraine
27 Jun 2022 - Food and Agriculture Organization of the United Nations (FAO)
Russian and Ukraine are among the most important producers of agricultural commodities in the world. Both countries are net exporters of agricultural products and are leading suppliers of foodstuffs and fertilizers...
Estimated Likely Impact of Increased Fertilizer Prices on Cereal Production in Eastern Africa During the 2022 Cropping Year
27 Jun 2022 - World Food Programme
Global fertilizer prices have risen nearly 30% since the start of 2022, following last year’s 80% surge, driven by a confluence of factors, including surging input costs, supply disruptions caused by sanctions and...
Ethiopia: Impacts of the Ukraine and Global Crisis on Food Systems and Poverty
27 Jun 2022 - International Food Policy Research Institute (IFPRI)
Food, fuel and fertilizer shocks have resulted in significant reductions in GDP and employment in Ethiopia.
Youth Engagement in Agricultural Value Chains Across Feed the Future
24 Jun 2022 - Feed the Future Leveraging Economic Opportunities Activity
As global youth populations and unemployment swell to unprecedented levels, it is comforting to imagine the development of a stable, secure and diversified rural economy powered by youth, with trade and services...