David Bornstein writes, “More than 60 percent of the world’s gross domestic product comes from global trade. This is double what it was in the 1980s. Most economists agree that the astonishing increase in trade over the past quarter century has boosted economic growth and job creation, and, in many countries, led to a decline in absolute poverty. But while the economic superhighway has spread around the globe, in many parts of the world there are still not enough on-ramps.

Globalization has allowed 1,200 people to become billionaires, but workers in the “informal economy” in developing countries ― more than 60 percent of all workers ― have not experienced improvements in living standards as a result of global trade. People want to participate in the global economy; they just can’t gain access.

One new approach for building on-ramps has been coined “impact...

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