Mobile Money and the Economy : A Review of Evidence

Aron, Janine

Published by Oxford University Press on behalf of the World Bank

关键词: HOUSEHOLD SAVINGS;    FINANCE;    FINANCIAL INSTITUTIONS;    CROSS-SECTIONAL MODEL;    MONETARY SYSTEMS;   

DOI  :  10.1093/wbro/lky001

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Mobile money is a recent innovation that provides financial transaction services via mobile phone, including to the unbanked global poor. The technology has spread rapidly in the developing world, “leapfrogging” the provision of formal banking services by solving the problems of weak institutional infrastructure and the cost structure of conventional banking. This article examines the evolution of mobile money and its important role in widening financial inclusion. It explores the channels of economic influence of mobile money from a micro perspective, and critically reviews the empirical literature on the economic impact of mobile money. The evidence convincingly suggests that mobile money fosters risk-sharing, but direct evidence of the promotion of welfare and saving is still mostly rather less robust.