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Sida’s work on Market Development
Elisabet Montgomery
Senior Policy Specialist Market Development and Employment
31 January 2024
Entry point for Sida’s work in
Market Development
• People living in poverty are:
• economic actors
• dependant on functional and inclusive markets
• Sida works for:
• inclusive, functioning market systems and a vibrant
private sector so that
• people living in poverty can fully participate, contribute to
and benefit from economic development
POVERTY
REDUCTION
ECONOMIC DEVELOPMENT HAS TO BE INCLUSIVE
- Productive and decent
work
- Inclusive markets and
trade, value chains,
financial services
- Responsible business
- Inclusive financial
services
- Social protection
- Women, youth, rural,
migrants, pwd, vulnerale
- Informal workers and
businesses
- Post-pandemic groups –
urban poor
ECONOMIC
DEVELOPMENT
Green transition –
impact on economic opportunities and jobs
•New
economic
opportunities
will be
created
60 million jobs by
2030, new
technology,
business models
•Some jobs will be
substituted and
redefined
In the transport &
waste sectors for
instance
•Some sectors will be
eliminated
•Green sectors will
appear
•Greening sectors
necessary
Carbon-intensive
industries
Vs. renewable
energy
Climate smart
agriculture
Local
market/
retail
Export
market
Inputs Processing
B
o
r
d
e
r
Infrastructure
(roads, electricity,
ICT, storage)
Financial
services
Technology
Skills and
capabilities
Post
harvest
Support services
(mk. info, business
development, marketing)
SUPPORTING
FUNCTIONS
Standards
Trade related
regulations
(custom procedures,
licences, techical
regulations, SPS etc)
Quality
infrastructure
Financial
regulations Other agri or
business related
regulations
Cultural norms
(business and
social)
RULES &
REGULATIONS
B
o
r
d
e
r
Import
market
New steering from government
Reform agenda – development cooperation for a new era
• Synergies development cooperation and trade
promotion
• Economic development in focus: job creation,
markets and trade (incl. education and skills)
• Market development and local markets
• Capacity for participating in international trade
• Business and investment climate
• Self-employment, agriculture, entrepreneurship,
innovation
• Women’s economic empowerment
• Collaborate with local and Swedish private sector, use
Swedish resource base, Swedish interests
Inclusive market development for urban and rural prosperity

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Inclusive market development for urban and rural prosperity

  • 1. Sida’s work on Market Development Elisabet Montgomery Senior Policy Specialist Market Development and Employment 31 January 2024
  • 2. Entry point for Sida’s work in Market Development • People living in poverty are: • economic actors • dependant on functional and inclusive markets • Sida works for: • inclusive, functioning market systems and a vibrant private sector so that • people living in poverty can fully participate, contribute to and benefit from economic development
  • 3. POVERTY REDUCTION ECONOMIC DEVELOPMENT HAS TO BE INCLUSIVE - Productive and decent work - Inclusive markets and trade, value chains, financial services - Responsible business - Inclusive financial services - Social protection - Women, youth, rural, migrants, pwd, vulnerale - Informal workers and businesses - Post-pandemic groups – urban poor ECONOMIC DEVELOPMENT
  • 4. Green transition – impact on economic opportunities and jobs •New economic opportunities will be created 60 million jobs by 2030, new technology, business models •Some jobs will be substituted and redefined In the transport & waste sectors for instance •Some sectors will be eliminated •Green sectors will appear •Greening sectors necessary Carbon-intensive industries Vs. renewable energy Climate smart agriculture
  • 5.
  • 6. Local market/ retail Export market Inputs Processing B o r d e r Infrastructure (roads, electricity, ICT, storage) Financial services Technology Skills and capabilities Post harvest Support services (mk. info, business development, marketing) SUPPORTING FUNCTIONS Standards Trade related regulations (custom procedures, licences, techical regulations, SPS etc) Quality infrastructure Financial regulations Other agri or business related regulations Cultural norms (business and social) RULES & REGULATIONS B o r d e r Import market
  • 7. New steering from government Reform agenda – development cooperation for a new era • Synergies development cooperation and trade promotion • Economic development in focus: job creation, markets and trade (incl. education and skills) • Market development and local markets • Capacity for participating in international trade • Business and investment climate • Self-employment, agriculture, entrepreneurship, innovation • Women’s economic empowerment • Collaborate with local and Swedish private sector, use Swedish resource base, Swedish interests