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Yes, free/very cheap internet access would be very useful. One of the keys to economic development is access to credit/micro-finance. It's often not economica
by gloverkcn 12y ago
Yes, free/very cheap internet access would be very useful.
One of the keys to economic development is access to credit/micro-finance. It's often not economical for banks to have a branch nearby so basic financial services are lacking. Sometimes the government provides something rudimentary (the post office in India is also a bank of sorts).
A lot of the cell towers don't support data in these regions so even if there is phone service there's no internet, or if there is it is prohibitively expensive. Internet could drive the cost down of a regional branch/or enable a stripe for the masses kind of thing (where the shops could get some low cost internet device that also acts as a card swiper and/or credit card)
This would also enable a lot of education possibilities which is also limited due to limited resources and poor internet options. Children could attend more advanced schooling in classrooms where the teacher is there via telepresence (Cisco is/was working on something like this)
Adding to that simple doctors visits. A doctor supporting one region could see more patients from all over more quickly identifying issues before they get out of hand.
Typed on iPad.
- DanBC 12y ago> One of the keys to economic development is access to credit/micro-finance. http://www.irinnews.org/report/95067/development-microfinance-possibilities-and-limitations http://www.irinnews.org/report/95067/development-microfinanc... > "[There is] no clear evidence that microfinance has any positive or negative impacts," said Maren Duvendack, ODI [Overseas Development Institute] fellow and author of a recent systematic review of microfinance, while David Roodman, of the Centre for Global Development, added: "I [wouldn't] say microfinance doesn't work, I would say it does not systematically reduce poverty. We do not have credible academic evidence that microcredit on average lifts people out of poverty... We [also] do not have evidence that microfinance is systematically making people worse off."