Essay: Assignment 2. Written Assignment (3000 words).
This assignment requires you to write an essay (not a report). Essays should
be structured around a clear thesis that has been developed in response to one
of the academic debates you had read about in the course of doing your
literature review. Your essay should cite at least eight sources by academic
authors. The best essay is typically based on extensive research that includes
the consultation of scholarly sources, government reports, and documents
created by private-sector organisations. You should ensure that you cite the
leading experts in your field and that you consider a broad spectrum of
New financial technologies (FinTech) such as BitCoin blockchain are disrupting
financial institutions around the world. What are the implications of these
financial technologies for societies in the developing world?
What kinds of Fintech are there?
What are the pros and cons to developing countries?
How should emerging economics use these technologies.
Use examples (2-3) to analyze how developing countries be influenced. For
examples online payment, P2P loans, cryptocurrency.
Aker, J. C., Boumnijel, R., McClelland, A., & Tierney, N. (2011). Zap it to me: the short-term
impacts of a mobile cash transfer program. Center for Global Development working paper,
Asongu, S. A. (2013). How has mobile phone penetration stimulated financial development
in Africa?. Journal of African Business, 14(1), 7-18.
Blundell-Wignall, A. (2014). The Bitcoin Question.
Böhme, R., Christin, N., Edelman, B. G., & Moore, T. (2014). Bitcoin. Journal of Economic
Perspectives, Forthcoming, 15-015.
Brill, A., & Keene, L. (2014). Cryptocurrencies: The Next Generation of Terrorist Financing?.
Defence Against Terrorism Review, 6(1).
Brito, J., & Castillo, A. (2013). Bitcoin: A primer for policymakers. Mercatus Center at George
Chibba, M. (2009). Financial inclusion, poverty reduction and the millennium development
goals. European Journal of Development Research, 21(2), 213-230.
Choo, K. K. R. (2015). Cryptocurrency and Virtual Currency: Corruption and Money
Laundering/Terrorism Financing Risks?. Handbook of Digital Currency: Bitcoin, Innovation,
Financial Instruments, and Big Data, 283.
De Filippi, P. (2014). Bitcoin: a regulatory nightmare to a libertarian dream.Internet Policy
Donner, J., & Tellez, C. A. (2008). Mobile banking and economic development: Linking
adoption, impact, and use. Asian journal of communication, 18(4), 318-332.
Donovan, K. (2012). Mobile money for financial inclusion. Information and communication
for development, 61-73.
Dupas, P., Green, S., Keats, A., & Robinson, J. (2014). Challenges in banking the rural poor:
Evidence from Kenya's western province. In African Successes: Modernization and
Development. University of Chicago Press.
King, B. (2014). Breaking Banks: The Innovators, Rogues, and Strategists Rebooting
Banking. John Wiley & Sons.
Kpodar, K., & Andrianaivo, M. (2011). ICT, financial inclusion, and growth evidence from
African countries (No. 11-73). International Monetary Fund.
Mbiti, I., & Weil, D. N. (2011). Mobile banking: The impact of M-Pesa in Kenya (No. w17129).
National Bureau of Economic Research.
Papadopoulos, G. (2015). Blockchain and Digital Payments: An Institutionalist Analysis of
Cryptocurrencies. Handbook of Digital Currency: Bitcoin, Innovation, Financial Instruments,
and Big Data, 153.
Ponsford, M. (2015). A Comparative Analysis of Bitcoin and Other Decentralized Virtual
Currencies: Legal Regulation in the People's Republic of China, Canada, and the United
States. Canada, and the United States (January 22, 2015).
Popper, N. (2015). Digital Gold: Bitcoin and the Inside Story of the Misfits and Millionaires
Trying to Reinvent Money.
Raymaekers, W. (2015). Cryptocurrency Bitcoin: Disruption, challenges and opportunities.
Journal of Payments Strategy & Systems, 9(1), 30-46.
Shaikh, A. A., & Karjaluoto, H. (2015). Mobile banking adoption: A literature review.
Telematics and Informatics, 32(1), 129-142.
Zarate, J. C. (2013). The Coming Financial Wars. Parameters, 43(4), 87.
Purchase answer to see full