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GCRI · Economic Development

Field overview

Development economics studies how economies move from low to higher productivity and incomes, why some succeed and others stall, and how the benefits are distributed. Under systemic risk, it also asks how shocks interrupt that process and how economies recover. This page defines the field, explains why it matters and shows how it connects to other risks.

STEM methods
5
Canonical methods this field applies
Topics
8
Subject pages in the field
Counterparts
4
Platforms in shared fields across the network
Report series
2
Reports series it contributes to
01Definition

What the field covers.

The field covers structural transformation, the shift of workers and capital from low-productivity to higher-productivity activities; the accumulation of physical, human and institutional capital; trade and integration into global markets; and the distribution of income, assets and opportunity.

It also covers the role of the state: public investment, taxation, social protection and industrial policy, and the institutions that make markets work. Its methods range from macroeconomic and input-output models to household surveys and impact evaluation.

02Geography

Activity and hazards in Africa.

Night lights, population density and true-colour imagery over Africa, from NASA GIBS. Each layer carries its own date.

The interactive map needs JavaScript; the layer list and sources are below.

Layers 3

Activity and hazards, for this page

Latest available

NASA GIBS / EOSDIS · ASTER GDEM (METI, NASA) · Blue Marble (NASA) · © OpenStreetMap contributors (ODbL) · Natural Earth

Loading the latest NASA imagery.

Drag to move. Ctrl or ⌘ and scroll, pinch or the buttons to zoom; hover for the values under the pointer; reset returns to the region.

Activity and hazards, framed on Africa.Satellite and model products as NASA publishes them, each with its own date. They are indicators, not assessments of any place.

Data: NASA GIBS · ASTER GDEM · Blue Marble · © OpenStreetMap contributors · Natural Earth · NASA EONET · NASA HLS S30Sources and licences

  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • VIIRS Black Marble night-time lights, NASA Goddard Space Flight Center; distributed by the NASA Level-1 and Atmosphere Archive and Distribution System (LAADS DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • Center for International Earth Science Information Network (CIESIN), Columbia University. 2018. Gridded Population of the World, Version 4 (GPWv4): Population Density, Revision 11. NASA Socioeconomic Data and Applications Center (SEDAC). Licensed under CC BY 4.0. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). doi:10.7927/H49C6VHW. CC BY 4.0
  • GHRSST Level 4 MUR analyses, NASA Jet Propulsion Laboratory; distributed by the NASA Physical Oceanography DAAC (PO.DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • VIIRS near-real-time products (flood, land surface temperature, snow cover, corrected reflectance), NASA LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • MODIS land products (vegetation indices, gross primary production, land cover), NASA LP DAAC and LANCE; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • ASTER GDEM is a product of METI and NASA (ASTER Global Digital Elevation Model V003, NASA LP DAAC); imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). Cite as: NASA/METI/AIST/Japan Spacesystems and U.S./Japan ASTER Science Team (2019). ASTER Global Digital Elevation Model V003. doi:10.5067/ASTER/ASTGTM.003. NASA open data
  • Made with Natural Earth. Free vector and raster map data @ naturalearthdata.com. Public domain
  • © OpenStreetMap contributors (ODbL), via NASA GIBS (coastlines, boundaries, roads and place names). Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). ODbL
  • Blue Marble, NASA Earth Observatory; imagery via NASA GIBS. Colours redrawn from the published colour map; values averaged into hexagonal cells where shown (modified). NASA open data
  • Context on the globe and flat map: coastlines, boundaries, roads and place names from NASA GIBS reference layers (OpenStreetMap data, ODbL, © OpenStreetMap contributors); Blue Marble imagery as an optional base; 3D terrain and the elevation read-out from the ASTER GDEM elevation colour index (5 m to 200 m classes, exaggerated for legibility). Boundaries are drawn as published and imply no position on any territory.
  • Live events: NASA Earth Observatory Natural Event Tracker (EONET); events are indicative and keep their original source links.
  • Live: NASA EONET Events are indicative, not authority warnings.
  • Observed (EO): NASA HLS S30 (contains modified Copernicus Sentinel data 2026). We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS).
  • NASA GIBS: We acknowledge the use of imagery provided by services from NASA's Global Imagery Browse Services (GIBS), part of NASA's Earth Science Data and Information System (ESDIS).
  • Weather data by Open-Meteo.com (https://open-meteo.com/), licensed under CC BY 4.0 (https://creativecommons.org/licenses/by/4.0/).
  • Optional layers (7 sources in the layer list: live, forecast, observed and context) print their provider credit on the map and here when switched on; forecasts are model output and derived indices are estimates.

Layers and dates

  • Night-time lights, daily: VIIRS Black Marble (VNP46A2), NASA LAADS DAAC · 12 Oct 2026
  • Population density, 2020: Population: CIESIN, Columbia University, Gridded Population of the World v4.11 (2018), NASA SEDAC, CC BY 4.0 · static
  • Sea surface temperature anomaly: GHRSST MUR25, NASA JPL PO.DAAC · 12 Oct 2026
  • True colour: VIIRS NOAA-20 corrected reflectance, NASA LANCE · 13 Oct 2026
  • Land cover type (IGBP), yearly: MODIS Terra and Aqua land cover (MCD12Q1), NASA LP DAAC · 2024
  • Flood water, 3-day composite: VIIRS Global Flood Product, NASA LANCE · 14 Oct 2026

03Why it matters

Development determines people's capacity to withstand shocks.

People

Livelihoods and poverty

Income, jobs and assets determine whether households can absorb a shock or fall into poverty.

States

Fiscal capacity

Tax bases and borrowing capacity determine what governments can do in a crisis.

Economies

Diversification

Economies reliant on few products or markets are more exposed to price and demand shocks.

04Monitor

Field overview.

The screen a team would use to follow this subject: its measures, states and decisions. Names are examples and values are illustrative.

Field overview: the screen's structure, terms and states for Economic development.Example names and illustrative values; a design, not a record or a live system.
05What experts study

The main lines of research.

06Connections

How the field links to other risks.

Economic systems connect climate, trade, health and finance. Climate hazards destroy capital and reduce productivity; trade disruptions raise import costs; health emergencies reduce labour supply; and financial conditions determine whether governments and firms can borrow to recover. These links are set out in dependencies and consequences.

The field gateways for economic development and development finance show every Consortium platform working on these subjects.

07Pages

Pages in Field overview.

08Questions

Questions and answers.

Is growth the same as development?
No. Growth in output is part of development, but development also concerns structural change, distribution, capabilities and resilience.
Why does the field matter for systemic risk?
Because the level and structure of development determine how shocks are absorbed, and shocks in turn set development back.
Does the field prescribe policies?
It provides evidence on mechanisms and effects. Policy choices are made by governments and their institutions.
How does development economics treat informal activity?
As central. In many economies, informal firms and workers account for much of employment, so the field studies them directly rather than treating them as a residual.
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Reports is the Consortium's quarterly publication. What you know about this subject can become evidence, a case or a correction in the next edition, credited to you and published under CC BY 4.0 where it is your own work.

GCRIEconomic DevelopmentCountry Systems Risk and ResilienceGlobal Systems Risk and Resilience
Economic Development

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