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Why Mobile Phones Make Economies Grow Faster
Studies have shown again and again that mobile-phone networks help economies grow. And its not just because people need to be employed to build the networks and sell the phones. By increasing the flow of information, mobile phones improve productivity and efficiency, and open up new markets and new kinds of business all across the economy.
Now there is evidence that improving mobile Internet access helps economies too. A recent study examined the effect of faster 3G wireless data connections replacing slower 2G ones. The study by the GSM Association mobile trade group, Deloitte and Cisco, looked at 96 developed and developing markets from 2008 to 2011. When a market experienced a 1…
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More About: Mobile, developing world, economics, work
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