According to a 2005 London Business School study, for every additional 10 mobile phones per 100 people, a country’s GDP rises 0.5 percent
1
. This study suggests that mobile phones can help alleviate poverty in the developing world. Additionally, a Brookings Institute Policy brief reported that access to mobile banking helps the poor protect their assets and invest wisely, allowing them to save money without fear of theft
3
. Furthermore, a study based on billions of social media connections has uncovered that growing up in a community connected across class lines improves kids’ outcomes and gives them a better shot at rising out of poverty
4
. While these studies suggest that mobile phones can help alleviate poverty, there is no study that directly states that giving a phone to someone ends poverty for 10 people around them.
1
. This study suggests that mobile phones can help alleviate poverty in the developing world. Additionally, a Brookings Institute Policy brief reported that access to mobile banking helps the poor protect their assets and invest wisely, allowing them to save money without fear of theft
3
. Furthermore, a study based on billions of social media connections has uncovered that growing up in a community connected across class lines improves kids’ outcomes and gives them a better shot at rising out of poverty
4
. While these studies suggest that mobile phones can help alleviate poverty, there is no study that directly states that giving a phone to someone ends poverty for 10 people around them.
According to a 2005 London Business School study, for every additional 10 mobile phones per 100 people, a country’s GDP rises 0.5 percent
1
. This study suggests that mobile phones can help alleviate poverty in the developing world. Additionally, a Brookings Institute Policy brief reported that access to mobile banking helps the poor protect their assets and invest wisely, allowing them to save money without fear of theft
3
. Furthermore, a study based on billions of social media connections has uncovered that growing up in a community connected across class lines improves kids’ outcomes and gives them a better shot at rising out of poverty
4
. While these studies suggest that mobile phones can help alleviate poverty, there is no study that directly states that giving a phone to someone ends poverty for 10 people around them.
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