How Mobile Money Is Helping 1.7 Billion People Around The World

A Center for Global Development (CGD) report throws up two interesting points. Firstly, it predicts that by 2050 no country will be classified as low income. Over two-thirds of the population could be living on more than $10 a day by then, up from around 42% now. Secondly, over the same period, GDP per capita growth is likely to be around 20% in high-income countries but to double in low and middle-income countries.