Abstract
The poor are typically isolated, lacking opportunities and being
deprived of necessary developmental assets such as proper communication and
networking. Network theories may thus act as an original starting point for
interpreting issues of poverty, which can be alleviated by combining basic
technology with affordable funding programs such as microcredit. Value-adding
technology, levered by microfinance, may then be sequentially added to the
development paradigm. To the extent that technology and microfinance can be
suitably combined, they may lever scalable productivity, in a way similar to
Metcalfe’s exponential upsides for networking organizations. This may happen for instance with M-banking, within a ‘digital culture’ environment, and with viral social networks, such as Facebook or Twitter, or Mobile Apps.
Lingua originale | English |
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pagine (da-a) | 19-33 |
Numero di pagine | 15 |
Rivista | ACRN Journal of Finance and Risk Perspectives |
Stato di pubblicazione | Pubblicato - 2015 |
Keywords
- Metcalfe's networking
- Mobile Apps
- microfinance
- mobile banking
- poverty traps