What have markets ever done for the poor?

Araujo, Luis (2013) What have markets ever done for the poor? Marketing Theory. ISSN 1470-5931

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This comment addresses the context within which markets have turned into purported panaceas to alleviate poverty and promote development. Expanding formal markets and rescuing the poor from the traps of informality is often seen as recipe to unlock the untapped energies at the base of the pyramid (BoP), turning individuals into budding entrepreneurs and aspiring consumers. But, so far we have failed to appreciate how the informal sector plays a key role in supporting the formal economy and providing a route for subsistence at the BoP.

Item Type:
Journal Article
Journal or Publication Title:
Marketing Theory
Uncontrolled Keywords:
?? base-of-the-pyramid (bop) marketsformal and informal economymarketing ??
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Deposited On:
31 Jul 2013 15:15
Last Modified:
15 Jul 2024 14:07