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Economic
Development
Lecture 23
Financial Development
and Inflation
Chapter 12
Questions?
Chapter 12
Financial
Development and
Inflation
Financial Physical
Human
Intellectual
Culture
Entrepreneur
Six Capitals of Innovation
Financial Capital
Money and Risk
Savers and Borrowers
Time is money
(1+r)n
Limited liability corporations
Insurance
Accounting
Markets to Trade Equity and Debt Instruments
Liquidity 
Stable Currency
Innovations
Microfinance
Mobile Money
Internet Banking
Innovations
Fintech
Microfinance
Mobile Money
Kiva.org
Mobile Money
Cell Phone is your Bank
Mobile network operators
(MNOs)
Mobile financial services (MFS)
https://www.cnn.com/2017/02/21/africa/mpesa-10th-anniversary/index.html
Mobile Money
Ed23

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Ed23