Sound policies, robust institutions, and well-functioning markets complement technological discovery in agricultural science to ensure that consumers have access to nutritious and affordable food, producers have incentives to plant and harvest, and the myriad participants in complex value chains are well linked in mutually beneficial connections. The CGIAR Research Program on Policies, Institutions, and Markets (PIM) provides foundations of analysis and knowledge for food systems that help smallholder farmers and poor consumers live better lives.

PIM has nearly completed its first three years of implementation (ending December 2014) and has made notable progress in several areas during this period. The document describes some of the research results from the period 2013–2014 and how these are being used to support policy debate; reprioritization of public expenditures; changes in rules, regulations, and programs; and increased capacity of key partners.