Development Economics Research

Pathways to
Economic Development

Digital public infrastructure, productive investment, and institutional reform as the coordinated levers to compress the global poverty curve — toward a universal reasonable standard of living.

0M+
People in extreme poverty
$2.15
Extreme poverty line / day
45%
Global moderate poverty rate
2030
SDG target — off track
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The Challenge

GDP Growth Is Not Enough

Despite decades of global economic expansion, poverty reduction has stalled. Growth concentrated in a few economic hubs — enclave growth — fails to raise living standards at the required scale and speed.

The UN's SDG Goal 1 target of eliminating extreme poverty by 2030 is off track. At current trajectories, hundreds of millions remain below $2.15/day well into mid-century. A different model is required — one that prioritizes the diffusion of productivity, not just its generation.

Core insight: Poverty reduction at scale requires productivity diffusion — the broad, inclusive spread of high-productivity jobs, capabilities, and essential services — not hub-concentrated GDP growth.

Growth Model Comparison
✕ Enclave Growth

GDP concentrated in elite hubs. Peripheral populations disconnected. Inequality compounds.

✓ Prosperity Diffusion

Productivity spreads across firms and households. Inclusive growth compresses poverty broadly.

Five recurring bottlenecks:
Unreliable power Trade friction Weak land systems Limited SME finance Low state capability
Digital Public Infrastructure

The Foundational Layer

Digital Public Infrastructure (DPI) is not a sector — it is horizontal infrastructure that lowers transaction costs across all sectors simultaneously.

When designed as interoperable public rails with credible governance, DPI enables governments to deliver targeted transfers with less leakage, helps small firms build verifiable credit histories, and reduces the informal fees that disproportionately burden poor households.

The critical distinction: DPI must be governed as a public good — open standards, interoperability, and privacy protections — not fragmented into siloed platforms that create monopolistic rent extraction.

Financial Inclusion — Banking access for the unbanked via mobile money rails
Targeted Transfers — Cash delivery with dramatically reduced leakage and administrative cost
SME Credit Histories — Verifiable transaction records enabling formal lending to small firms
E-Government Services — Lower-cost public service delivery at scale
DPI Architecture Stack
Data Exchange Layer
Interoperable data sharing between government, firms, and financial institutions — with privacy controls and consent frameworks
Layer 3
Bidirectional data flows
Interoperable Payment Rails
Fast, low-cost digital money movement across institutions — open standards that prevent monopolistic capture by any single platform
Layer 2
Authenticated identity verification
Digital Identity Systems
Universal, verifiable identification — the foundation enabling participation in formal financial and government systems
Layer 1
IN
India's DPI Stack: Aadhaar (identity) + UPI (payments) + DEPA (data) — a model demonstrating how open, interoperable rails can drive rapid financial inclusion at scale

Open Standards

Interoperability prevents platform lock-in. No single private actor should own the rails.

Privacy by Design

User consent frameworks and data minimization protect rights while enabling access.

Credible Governance

Regulatory oversight and accountability mechanisms build public trust and adoption.

Inclusive Access

Offline channels and grievance mechanisms ensure DPI reaches excluded populations.

Platform Architecture

Five Platform Pillars

Productivity diffusion accelerates when the cost of participating in markets falls for households and small firms — and when firms can reliably access critical inputs at scale. These five infrastructure platforms are the recurring levers.

02

Reliable Power

What it unlocks
Industrial productivity Digital uptime Investment confidence
Key Policy Moves
  • Grid reliability and loss reduction
  • Diversified generation sources
  • Efficient tariff structures
  • Transparent utility governance
03

Trade & Logistics

What it unlocks
Lower export costs Firm scale Regional value chains
Key Policy Moves
  • Port and customs modernisation
  • Digital single windows
  • Multimodal corridor development
  • Risk-based inspection regimes
04

Urban Land Systems

What it unlocks
Secure tenure Housing investment Productive density
Key Policy Moves
  • Titling, cadastre, and land registries
  • Zoning and permitting reform
  • Metropolitan governance reform
  • Transit-oriented development
05

SME Credit Infrastructure

What it unlocks
Firm entry Job creation Resilience
Key Policy Moves
  • Credit registries and movable collateral
  • Alternative data credit scoring
  • Digital lending supervision
  • Insolvency regime modernisation
Regional Pathways

Same Pillars, Different Binding Constraints

The five platform pillars apply universally, but the binding constraint — the bottleneck limiting the next advance in broad-based productivity — differs by region. Policy sequencing must identify and relieve the next constraint first.

Focus Region

Sub-Saharan Africa

Primary Binding Constraints
Energy Reliability
Critical
Market Connectivity
High
State Capability
High
2025–2035 Priority Moves
Power reliability first — loss reduction, maintenance, transparent governance
Digital ID + payments for targeted cash transfer delivery
Digitised customs and corridor performance management
Revenue administration to fund sustained maintenance
Focus Region

Latin America

Primary Binding Constraints
Premature Deindustrialisation
Critical
Persistent High Inequality
High
Logistics & Competitiveness
Moderate
2025–2035 Priority Moves
Tradables competitiveness strategy — manufacturing + modern services
Reduce port dwell time and internal freight costs
SME finance — credit registries, movable collateral frameworks
DPI to improve social policy targeting, reduce capture
Rodrik Thesis: Latin America is "especially affected" by premature deindustrialisation — manufacturing peaking at lower income levels than historical precedent. An explicit competitiveness strategy is essential.
Focus Region

South Asia

India as Focal Case
Primary Binding Constraints
Human Capital Gaps
Critical
Female Labour Force Participation
High
Urban Governance Capacity
High
2025–2035 Priority Moves
Manufacturing competitiveness — simplify compliance, improve land access
Urban governance — metro capacity for transport, water, permitting
Female LFPR — safety, mobility, childcare, legal barriers
DPI as complement to power, logistics, regulatory predictability
India's DPI Experience: Aadhaar + UPI demonstrate how interoperable digital rails, when paired with good governance and competition policy, can reduce inclusion costs at scale. The model: infrastructure, not platform.
Implementation Roadmap

The Sequencing Imperative

Early investments must reduce economy-wide frictions and build state capability. Once platforms are reliable, private investment and innovation compound the gains. Sequencing is not optional — it is the mechanism.

2025 — 2035
Phase A
Foundational Platform-Building
Build the infrastructure platforms on which productive investment and innovation can compound. Priority: reliability and reach, not complexity.
Deploy DPI — identity, payments, data exchange — with open standards and governance
Make power reliable — loss reduction, maintenance, diversified generation, governance reform
Digitise customs, reduce trade frictions, implement single windows and corridor management
Scale social protection using digital payment registries — reduce leakage and administrative cost
Fix SME last-mile constraints — finance, permits, land access, predictable local services
2035 — 2050
Phase B
Compounding Productivity & Inclusion
With platforms reliable and state capability established, private investment and higher-complexity production can accelerate. Gains compound across the income distribution.
Move toward higher complexity manufacturing and modern tradable services — deeper regional value chains
Universalise essential services access — energy, health, education, finance — through stronger fiscal capacity
Use data and competition policy to prevent monopolistic rents in digital and logistics networks
Invest in climate resilience — grid redundancy, urban water systems, adaptive social protection
Long-Run Projection

Compressing the Global Poverty Curve

Coordinated reforms across the five platform pillars — sequenced by binding constraint — can compress the global poverty curve significantly below business-as-usual trajectories. Three phases bring poverty to near-elimination by century's end.

Three-Phase Model
Phase 1: Foundational Access
2025 – 2045

Digital connectivity, financial inclusion, logistics efficiency. Gradual decline as diffusion extends from core centers outward.

Phase 2: Institutional Scaling
2045 – 2075

Governance capacity, formal employment expansion, infrastructure reliability. Acceleration phase as systems reach critical mass.

Phase 3: Systemic Coordination
2075 – 2100

Integrated services, resilient institutions, inclusive market deepening. Sustained low poverty as systems become universally dispersed.

Source: IEDI, 2024 Report; GDI Projections, 2024. Optimized dispersion scenario with coordinated platform reforms vs. business-as-usual baseline.
Design Principles

Five Risks — Five Design Responses

Every development pathway faces structural risks that, if unaddressed, can undermine platform investments and reverse poverty gains. Each risk has a corresponding design response built into the framework.

01

Premature Deindustrialisation

Manufacturing peaks at lower income than historical precedent. Countries lose productive complexity before workers are absorbed.

Design Response

Explicit tradables and competitiveness strategy. Avoid policy incoherence that taxes exporters or raises input costs for manufacturing.

02

Fragmentation & Duplication

DPI delivers most value as interoperable public rails. Siloed projects create redundancy, lock-in, and exclusion.

Design Response

Mandate interoperability from the outset. Govern DPI as public infrastructure, not a collection of private platforms with API bridges.

03

Debt & Fiscal Stress

Large capital projects without credible fiscal capacity create debt overhangs that crowd out essential maintenance and service delivery.

Design Response

Prioritise high-return maintenance and institutional reforms first. Sequence major infrastructure projects around demonstrated fiscal capacity.

04

Climate & Conflict Shocks

Climate events and conflict can erase decades of poverty gains in months. Hard-won development is fragile without resilience investment.

Design Response

Adaptive social protection systems, energy grid redundancy, urban water infrastructure. Build resilience as a core feature, not an add-on.

05

Exclusion by Design

Digital systems that assume literacy, connectivity, and device access will systematically exclude the most vulnerable populations they aim to serve.

Design Response

Pair digital channels with offline alternatives. Grievance mechanisms, assisted access points, and rights protections must be built in from the start.

Monitoring Scorecard

What Success Looks Like

Measurable progress requires a clear scorecard across four domains. These indicators track whether platform investments are translating into broad-based poverty reduction.

Poverty & Shared Prosperity

  • Poverty headcount at $2.15/day (extreme)
  • Poverty gap index
  • Shared prosperity premium
  • Multidimensional Poverty Index (MPI)

Jobs & Productivity

  • Employment rate (working-age population)
  • Labour productivity growth
  • Formal wage employment share
  • Firm entry and survival rates

Platform Indicators

  • Electricity reliability (outage hours / firm / year)
  • Logistics performance (port dwell, border crossing time)
  • % population with verified digital identity
  • Digital payment transaction volume; SME credit ratio

State Capability

  • Tax-to-GDP ratio (domestic resource mobilisation)
  • Procurement performance and efficiency
  • Service delivery quality metrics
  • Corruption and leakage proxies (transfer fidelity)