Market Systems Resilience: A Framework for Measurement
Exploring market systems as complex adaptive systems to understand how they respond to shocks and stresses.
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Market systems resilience is a relatively unexplored area in development. While it builds on market development, it addresses the capacity of a market system to absorb, adapt or transform in the face of shocks and stresses. Within the broader economic, political, socio-cultural and environmental systems in which they operate, markets are a means of allocating resources to solving system problems, such as those related to shocks and stresses. In other words, markets are an integral part of the ecosystem that resilience programming has long focused on.
This paper was authored by Jeanne Downing (DAI Global), Michael Field (DAI Global), Matt Ripley (DAI Global) and Jennefer Sebstad (DAI Global).
