Monday, July 14, 2008

Mobile revolution

Books 2 Byte
The New Asian Hemisphere
Kishore Mahbubani
( http://www.publicaffairsbooks.com/)

The cell multiplier

How much does the adding of one cell-phone mean to a developing country’s GDP? The answer, in the case of Bangladesh, is $6,000, according to Nick Sullivan, cited in The New Asian Hemisphere by Kishore Mahbubani. “In addition to becoming a talking device, the cell-phone has fast-forwarded to acting as a mini-PC, which is used for mobile banking.

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