How M-PESA Disrupts Entire Economies

March 6, 2012


CFSP member Tavneet Suri and coauthor William Jack's research on M-PESA, Kenya's mobile payments system, was highlighted in Will Mutua's recent article on how M-PESA is affecting not only the households who use the service but also the national economy. Mutua discussed the possible implications for monetary policy and cites Suri and Jack's survey research,  "Mobile Money: The Economics of M-PESA."