Economics, Econometrics and Finance
3 years ago

Mobile money revolutionizes Bangladesh's economy, slashing interest rates significantly.

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PLoS ONE
Impact of e-money on money supply: Estimation and policy implication for Bangladesh
Ahmed Mehedi Nizam

Paper Summary

The article discusses how the increasing use of mobile financial services in Bangladesh is impacting the country's money supply. The researchers found that mobile money transactions make up around 10.88% to 11.29% of the total money supply in Bangladesh. They also suggest that mobile financial services could help lower interest rates by increasing the overall money supply in the country.

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