In dirt-poor Myanmar, smartphones are transforming finance
Rudimentary financial services are on offer in places roads do not reach
MYANMAR’S democratic transition sometimes seems marked as much by continuity as by change. Depressingly, the army continues its bloody persecution of Rohingya Muslims in the west, for example (see article). But elsewhere moves to open the country’s markets, started by the preceding military regimes, have gathered pace. New commercial and financial services are springing up.
This article appeared in the Finance & economics section of the print edition under the headline “Passing the buck”
Finance & economics October 14th 2017
- Technology is revolutionising supply-chain finance
- The finance industry ten years after the crisis
- Brexit will give the derivatives market a nasty headache
- The internationalisation of China’s currency has stalled
- In dirt-poor Myanmar, smartphones are transforming finance
- BBVA, a Spanish bank, reinvents itself as a digital business
- Richard Thaler wins the Nobel prize for economic sciences
From the October 14th 2017 edition
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Why finance is still dominated by bold individuals
Hong Kong’s property slump may be terminal
Demographics and geopolitics will make a recovery harder
Why everyone wants to lend to weak companies
An unanticipated side-effect of Donald Trump’s election victory
American veterans now receive absurdly generous benefits
An enormous rise in disability payments may complicate debt-reduction efforts
Why Black Friday sales grow more annoying every year
Nobody is to blame. Everyone suffers
Trump wastes no time in reigniting trade wars
Canada and Mexico look likely to suffer