Does Mobile Money Improve Livelihoods for Households in Poor and Remote Areas?

Bruhn, Miriam; Wieser, Christina

doi:10.1596/32605

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Does Mobile Money Improve Livelihoods for Households in Poor and Remote Areas?

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2019-10

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Bruhn, Miriam

Wieser, Christina

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Abstract

The latest impact evaluation note looks at whether mobile money benefits households in poor and remote areas of Northern Uganda and finds large increases in non-farm self-employment and food security.

Citation

“Bruhn, Miriam; Wieser, Christina. 2019. Does Mobile Money Improve Livelihoods for Households in Poor and Remote Areas?. Finance and PSD Impact;No. 55. World Bank, Washington, DC. © World Bank. https://openknowledge.worldbank.org/handle/10986/32605 License: CC BY 3.0 IGO.”

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http://hdl.handle.net/10986/32605

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Finance & PSD Impact

Ghana Digital Economy Diagnostic

World Bank Group (2019)

Universal adoption and effective application of digital technologies are expected to characterize economies of the future, shaping their ability to succeed in the global marketplace and offer a better quality of life for their citizens. Disruptive technologies are already altering traditional business models and pathways to development, yielding significant gains, increased convenience, as well as supporting better access to services for consumers. In 2016, the digital economy was worth an estimated 11.5 trillion dollars worldwide, equivalent to 15.5 percent of global GDP. It is forecast to reach 25 percent in less than a decade, far outpacing the growth of the ‘traditional’ economy (Huawei and Oxford Economics 2016). Mobile money is driving financial inclusion, particularly in Sub-Saharan Africa, with the number of accounts doubling to 21 percent between 2014-17. African e-commerce ...

Universal adoption and effective application of digital technologies are expected to characterize economies of the future, shaping their ability to succeed in the global marketplace and offer a better quality of life for their citizens. Disruptive technologies are already altering traditional business models and pathways to development, yielding significant gains, increased convenience, as well as supporting better access to services for ...

Universal adoption and effective application of digital technologies are expected to characterize economies of the future, shaping their ability to succeed in the global marketplace and offer a better quality of life for their citizens. Disruptive technologies are already altering traditional business models and pathways to develo ...
Somalia Economic Update, June 2020 : Impact of COVID-19 - Policies to Manage the Crisis and Strengthen Economic Recovery

World Bank (2020-06)

Before the COVID-19 (Coronavirus) pandemic, Somalia’s economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has interrupted Somalia’s economic recovery. The crisis will have a large negative impact on real GDP growth in 2020, affecting the economy through a combination of supply and demand shocks. As a result of shutdowns, global supply chains have disrupted imports of consumption and capital goods from Somalia’s trading partners (mainly China, the United Arab Emirates, India, Turkey, and Oman); cancellations of the 2020 Hajj and export bans by Saudi Arabia have tamped down demand for exports (mostly live animals); and the global recession and travel restrictions/flight suspensions are limiting ...

Before the COVID-19 (Coronavirus) pandemic, Somalia’s economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has interrupted Somalia’s economic recovery. The crisis will have a large negative impact on real GDP growth in 2020, affecting the economy through a ...

Before the COVID-19 (Coronavirus) pandemic, Somalia’s economy was on an upward trajectory, recovering from the 2016/17 drought. The economy grew at an estimated rate of 2.9 percent in 2019, on par with population growth, and was projected to grow at 3.2 percent in 2020. The COVID-19 pandemic has interrupted Somalia’s economic recovery. ...
Fintech in Europe and Central Asia : Maximizing Benefits and Managing Risks

Berg, Gunhild; Guadamillas, Mario; Natarajan, Harish; Sarkar, Arpita (2020-02)

FinTech has tremendous potential in the Europe & Central Asia (ECA) region, given its high mobile phone and internet access levels and scope for increased use of digital payments. However, there are major regional differences between high-income and middle-income countries regarding access to technology, FinTech adoption, and regulatory capacity. This paper analyzes the opportunities and risks related to FinTech in the ECA region, focusing on these three key financial sector challenges: (i) high costs of international remittances, (ii) inefficiencies in the provision of domestic payments, and (iii) low levels of MSME's access to finance. It also analyzes the level of FinTech development in the region, and delves into the state of FinTech policy, regulation and supervision in the region along with an analysis of reform needs. Finally, this paper touches upon the role for international ...

FinTech has tremendous potential in the Europe & Central Asia (ECA) region, given its high mobile phone and internet access levels and scope for increased use of digital payments. However, there are major regional differences between high-income and middle-income countries regarding access to technology, FinTech adoption, and regulatory capacity. This paper analyzes the opportunities and risks related to FinTech in the ECA region, focusing on ...

FinTech has tremendous potential in the Europe & Central Asia (ECA) region, given its high mobile phone and internet access levels and scope for increased use of digital payments. However, there are major regional differences between high-income and middle-income countries regarding access to technology, FinTech adoption, and ...

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Does Mobile Money Improve Livelihoods for Households in Poor and Remote Areas?

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Ghana Digital Economy Diagnostic

Somalia Economic Update, June 2020 : Impact of COVID-19 - Policies to Manage the Crisis and Strengthen Economic Recovery

Fintech in Europe and Central Asia : Maximizing Benefits and Managing Risks

The Impact of Mobile Money on Poor Rural Households : Experimental Evidence from Uganda

Can Technical Assistance Sow the Seeds for Rural Finance?

A Helping Hand or the Long Arm of the Law? : Do Carrots or Sticks Work Best for Bringing Informal Firms into the Formal Sector?

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Does Mobile Money Improve Livelihoods for Households in Poor and Remote Areas?

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Ghana Digital Economy Diagnostic

Somalia Economic Update, June 2020 : Impact of COVID-19 - Policies to Manage the Crisis and Strengthen Economic Recovery

Fintech in Europe and Central Asia : Maximizing Benefits and Managing Risks

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