Market-Based Programming: What's it all about?
Before, during and after a crisis hits, communities around the world are buying and selling. Markets are places where these buyers and sellers come together to exchange goods and services. In the aftermath of a disaster such as an earthquake or hurricane, markets often bounce back and can supply goods and services before humanitarian agencies can reach populations in need. If agencies do not understand this dynamic and ignore local markets, they can unintentionally exacerbate the suffering of the community. This short guide explains what market-based programming is and how Oxfam aims to integrate an understanding of markets into emergency responses.