Article Title

How the U.S. Government's Market Activities Can Bolster Mobile Banking Abroad

Authors

Colin C. Richard, Fulbright Fellow, Sierra Leone

Publication Title

Washington University Law Review Commentaries

Comments

Full text available at: http://digitalcommons.law.wustl.edu/lawreview/vol88/iss3/6.

Publication Date

2-13-2011

Abstract

To combat corruption and increase the effectiveness of foreign aid, the United States should require that all of its foreign aid distributions, reconstruction projects, and payments for services abroad go through banking channels — that is, the U.S. government should strive to eliminate cash transactions whenever possible. In U.S. operations in many parts of the developing world, this will mean utilizing nascent mobile banking industries, an event that will have numerous positive results for these economies.

Recommended Citation

Colin C. Richard, How the U.S. Government's Market Activities Can Bolster Mobile Banking Abroad, Wash. U. L. Rev. Commentaries (February 13, 2011), https://openscholarship.wustl.edu/law_lawreview_commentaries/11