TY - BOOK ID - 137996707 TI - Stacking up the Benefits: Lessons from India’s Digital Journey AU - Alonso, Cristian. AU - Bhojwani, Tanuj. AU - Hanedar, Emine. AU - Prihardini, Dinar. AU - Uña, Gerardo. AU - Zhabska, Kateryna. PY - 2023 SN - 9798400239823 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Macroeconomics KW - Economics: General KW - Technological Change: Choices and Consequences KW - Diffusion Processes KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Pension Funds KW - Non-bank Financial Institutions KW - Financial Instruments KW - Institutional Investors KW - Public Goods KW - Economic & financial crises & disasters KW - Economics of specific sectors KW - Currency crises KW - Informal sector KW - Economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:137996707 AB - Foundational digital public infrastructure (DPI), consisting of unique digital identification, payments system and data exchange layer has the potential to support the transformation of the economy and support inclusive growth. India’s foundational DPI, called India Stack, has been harnessed to foster innovation and competition, expand markets, close gaps in financial inclusion, boost government revenue collection and improve public expenditure efficiency. India’s journey in developing a world-class DPI highlights powerful lessons for other countries embarking on their own digital transformation, in particular a design approach that focuses on shared building blocks and supporting innovation across the ecosystem. ER -