LEVERAGING DEVELOPMENT WITH TECHNOLOGY AND MICROFINANCE

Risultato della ricerca: Contributo in rivistaArticolo in rivistapeer review

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 originaleEnglish
pagine (da-a)19-33
Numero di pagine15
RivistaACRN Journal of Finance and Risk Perspectives
Stato di pubblicazionePubblicato - 2015

Keywords

  • Metcalfe's networking
  • Mobile Apps
  • microfinance
  • mobile banking
  • poverty traps

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