Iqbal Quadir on the Power of Mobile Phones to End Poverty
Why does poverty still exist despite decades of development aid? In this talk, Iqbal Quadir explains why "aid does damages: because it empowers authorities instead of people," and advocates a new approach to development from below, "by the people for the people." His own experience as a child in Bangladesh and later a banker in New York brought him to realize that "connectivity is productivity" -- and that a simple cell phone has enormous power. Now his telecom company, GrameenPhone, offers service to most of rural Bangladesh, creating new opportunities by connecting villages to the world.