Book excerpt: Policies, Institutions, and Markets (PIM) is one of CGIAR’s Global Integrating Programs, focused on addressing the policy, institutional, and market constraints to sustainable and equitable economic development and rural transformation. Such roadblocks include regulations restricting adoption of technologies by smallholder farmers, inefficient allocation of public resources, market failures or missing markets, weak property rights, restrictive gender norms and practices, and exposure of smallholders to shocks and risks. PIM aims to address these constraints through four main channels: global agenda setting, national policy support, program and market innovations, and capacity development.