10 Questions: Can Phones Fight Poverty?

empeaThere are twice as many mobile phone subscribers as bank accounts in Indonesia. Last year, smartphone audience growth in India was almost 80% – the largest in the world. In Kenya, cellular phones have long been a hub for banking transactions. Cell phones as banking access points offer an unparalleled opportunity to improve the livelihood of millions through mobile financial services. Can mobile phones lead the un-banked out of poverty?

Learn more about Fletcher perspectives on mobile banking:

As part of our “10 Questions” Series, we delve into hard questions of international business not easily answered by a single book, class, discipline, or school of thought. They herald a future where the world and the world of business are ever more interconnected, where decisions can’t be made in a bubble, where real expertise demands deep ‘contextual intelligence.’ This series reflects that contextual intelligence we cultivate in our students in the MIB program.

Leave a Reply