John A. Donaldson.

Op-ed · 14 October 2025

Small steps, big gains: Nepal's puzzling pace of poverty reduction

Nepal cut poverty substantially over three decades despite slow growth, weak governance, and stalled land reforms. Co-authored with Siddharth Poddar for Stonebench's Perspectives blog — what actually worked, and why.

How does a country cut poverty substantially over three decades while growing slowly, governing weakly, and barely touching its land reforms? Nepal did it. In a piece I co-wrote with Siddharth Poddar on Stonebench’s Perspectives blog, we argue the answer isn’t the usual suspects — not growth, not remittances — but the cumulative pull of many small-scale interventions: rural roads, electrification, schools, irrigation, community projects. Strengthening livelihoods where people already lived, rather than pulling them into urban factories.

Read on Stonebench Perspectives

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