During my senior year in Georgetown’s Science, Technology & International Affairs program I worked on a thesis on the political economy of M-PESA. I’m currently editing a much shorter version for publication, but thought I would post the longer, pre-publication version. It is available for download here.

Abstract

The role of information and communication technologies in development is contested between those who believe it will facilitate broad-based human development and those who believe it is at most, impotent, and at worst, counterproductive. This paper takes a meso-level approach to specify the impact of a large-scale mobile phone-based financial service in Kenya, M-PESA. When analyzed through the related theories of freedom of Amartya Sen and Philip Pettit, the impact of M-PESA is of a dual nature. In many ways, new forms of empowerment are possible through mobile money, but adoption of the standard also leads to limitations on choice and new forms of dominance. Institutional arrangements that are most likely to minimize the trade-offs of mobile money are recommended.

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