Mobile Money: Implications for Emerging Markets

Communications and Strategies, No. 79, pp. 15-28, 2010

14 Pages Posted: 20 Apr 2011

See all articles by James Alleman

James Alleman

University of Colorado at Boulder - College of Engineering and Applied Science

Paul Rappoport

Temple University - Department of Economics

Date Written: June 15, 2010

Abstract

Developing countries lack effective infrastructure: transportation, telecommunications, financial systems, etc. The positive economic impact of the improved telecommunications infrastructure has been demonstrated. The ability of microfinance has been shown to stimulate and enhance economic activity. Now a hybrid of the technologies has begun to emerge: mobile money. The ubiquity of cell phone service, coupled with the notion of microfinance offers the possibility of service in remote areas of a country where it would be otherwise economically unsustainable to provide banking services. Mobile money has all of the attributes of money including store of value and medium of exchange. This paper addresses the economics and policy issues of mobile money: What are the economics of mobile money? What policy issues does it raise? Is it a threat to the traditional banking system? How should it be regulated? What can we learn from the microfinance literature? Do we have empirical evidence of its impact on growth and development?

Keywords: Competition, economic dynamics, neoclassical economics, pricing policy

JEL Classification: O00

Suggested Citation

Alleman, James H. and Rappoport, Paul, Mobile Money: Implications for Emerging Markets (June 15, 2010). Communications and Strategies, No. 79, pp. 15-28, 2010, Available at SSRN: https://ssrn.com/abstract=1810585

James H. Alleman (Contact Author)

University of Colorado at Boulder - College of Engineering and Applied Science ( email )

CO
United States

Paul Rappoport

Temple University - Department of Economics ( email )

Philadelphia, PA 19122
United States

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
492
Abstract Views
2,537
Rank
110,448
PlumX Metrics