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//Tracking How Mobile Banking and Texting Are Impacting Lives in Africa

Tracking How Mobile Banking and Texting Are Impacting Lives in Africa

By | 2018-10-17T12:39:04+00:00 October 17th, 2018|News|

MIT Sloan Newsroom

MIT Sloan applied economics professor Tavneet Suri wishes for the day when data sets are as readily available in developing countries as they are in the United States. In an effort to help that disparity, she’s been researching the link between mobile banking apps and poverty levels in Kenya.

Why data tracking is important to your work
“I think the sad thing is in emerging markets in developing countries — at least the ones I worked in Africa — data is so sparse. When I started my PhD it was very clear that I wasn’t going to be able to take a data set off the shelf. It doesn’t exist. Whatever you want to study, it doesn’t exist. And I always envy people who work on the U.S. because it’s like, ‘oh, go find this data set, apply for it.’ And I’m like wow, what would the world be like if there were a hundred data sets on different things?

“I think my wish list would be, everybody who’s doing this, put your data out and make it public.”

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