Innovations to Make Markets More Inclusive for the Poor

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The digital revolution in financial inclusion: international development in the fintech era (2017, background): “The 2008 World Bank Annual Report, entitled Finance for All, stressed the importance of FI in the context of the earlier broader paradigm shift in development towards the Post-Washington Consensus’ concern with ‘inclusive markets’ (Mendoza and Thelen 2008).”
Building Inclusive Markets in Rural Bangladesh: How Intermediaries Work Institutional Voids (2012, background): “In this spirit, many contemporary policy initiatives make poor women’s market access and participation central to their experiments and pilot programs—an aspect of policy broadly referred to as “developing inclusive markets” (Mendoza & Thelen, 2008).”
Agri-Food Markets towards Sustainable Patterns (2020, background): “Market failures, compounded with failures in public policies, can impede the active participation of the poor and smallholders in the agri-food market [74].”
On the diffusion of toilets as bottom of the pyramid innovation: Lessons from sanitation entrepreneurs (2012, background): “Mendoza and Thelen [9] also reiterate that to be viable, the delivery system of pro-poor innovations must ensure accessibility to the targeted consumers as well as positive financial or reputational returns to the suppliers.”