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376 pages, Paperback
Published April 2, 2024
The Brookings Institution reports that digitizing cash delivery can address the UN Sustainable Development Goal of ending poverty.The report in question, Michael Faye and Paul Niehaus' Ending Poverty with Electronic Payments, says, among other things:
Let us then imagine a world of completely ubiquitous electronic payments. A world where a few clicks of the mouse could send digital cash to all 2 billion of the world’s extreme poor. A world where we didn’t need to wait for humanitarian cargo planes, but could deliver electronic money directly to beneficiaries minutes after a disaster[...]This is breathtakingly wrong. After a disaster, without the humanitarian cargo planes, there may be nothing for people to acquire!