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Mobile banking and mobile money: a highly instrument against corruption

Author

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  • Sidibe, Tidiani

Abstract

Furthermore, the use of mobile banking in WAEMU has contributed significantly to the enhancement of people's access to the finan-cial rate service which establishes in 2013 to 49.5% for a rate banking strict sense, 12.2%. This innovation has allowed Nigeria to significantly reduce corruption in the agricultural sector and, to his former agriculture minister to be named "Forbes african of the Year" and subsequently elected President of the ADB. Thus, States may of course explore the use of such an instrument, whose transparency and traceability are well established, as part of transactions with third parties (tax payments, customs invoices, payments of grants, etc. ) to reduce power, as desired, the propensity to corruption, financial crime and consequently move towards optimization of its budget items (income and expenditure).

Suggested Citation

  • Sidibe, Tidiani, 2015. "Mobile banking and mobile money: a highly instrument against corruption," MPRA Paper 66634, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:66634
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    More about this item

    Keywords

    Mobile banking ; mobile money; establishment of electronic money; fiat money ; corruption.;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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