January 16

Mobile Banking Gives a Big Boost To Kenya’s Poor

Super cool article about unintended, positive consequences. This would make a great AOW!

Mobile Banking Gives a Big Boost To Kenya’s Poor

Benefits go to women particularly; ‘financial resilience’

Globalization and unrestrained technological change have plenty of critics, as the election in November amply showed. Many of my fellow anthropologists say that the positive effects of these twin trends have greatly benefited China but have left behind most of the global poor. A study conducted in Kenya and published in the journal Science in December tells a different story.

When I first visited Kenya during my travels in Africa in 1969, extreme poverty was common. The population has quadrupled, and the contrasts…

http://www.wsj.com/articles/mobile-banking-gives-a-big-boost-to-kenyas-poor-1484324293



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Posted January 16, 2017 by Amy Keith-wardlow in category "Resources

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