Giving Compass' Take:

• Devex discusses how innovation across a broad range of fields — including technology and finance — will be essential in order to improve the outlook for people in poverty.

• Which innovations show the most promise in development so far? Among those mentioned in this piece: Kenya's Twiga Foods, a mobile-based platform for farmers and urban grocers, and ZOA, a land tenure registration program in Burundi. NGOs can look at what makes programs like these so successful.

• Here's how to support artisan businesses and the creative economy across the globe.

Economic stability and the Sustainable Development Goals are inexorably linked, but discussion on how to pursue economic stability is often absent from the global development dialogue. The 2008 global financial meltdown, climate change, technological changes, as well as shifting labor and employment trends have left huge swaths of workers and small businesses without the protections and security they might have had previously.

Innovation in technology, finance, and policy, are critical in giving countries coping mechanisms to confronting the “volatile and erratic conditions, asymmetrical information, and a lack of protection” that can leave people economically vulnerable, according to “The Atlas of Innovation for Economic Stability.”

Released this week by FHI 360, with support from The Rockefeller Foundation, the report focuses on 63 examples of innovations aimed at promoting economic stability with an emphasis on the poor and vulnerable. Most of these innovations were privately-provided and enabled by mobile technology.

The report identified innovation hot spots as existing in Kenya, the United States, Indonesia, and Brazil, crowning India as the “world’s most dynamic lab for stability-enhancing innovations.” Democratization of data access on mobile devices and heightened financial inclusion were highlighted as being pivotal in encouraging economic stability.

Read the full article about innovation to achieve economic stability by Sara Jerving at Devex International Development.