Marcel Fafchamps is a senior fellow at the Freeman Spogli Institute for International Studies (FSI) and a member of the Center on Democracy, Development and the Rule of Law. Fafchamps is a professor (by courtesy) for the Department of Economics at Stanford University. His research interest includes economic development, market institutions and social networks. His current research focuses on entrepreneurship, factor markets, and the efficiency of social networks in Africa and South Asia. Fafchamps also has ongoing research on political economy issues in Africa and Asia.