I am excited to invite you to watch my latest interview with Devin Thorpe, where we discuss development strategies to help the emerging world.
I believe that low-income countries, can thrive by implementing new micro levies on telecom and banking transactions.
For a country like Haiti to thrive, it must leverage technology. Across the globe, the mobile phone is driving the uberization of economies. We see this most notable in the informal sector, which is an opportunity for a country to begin collecting revenue. Applying a micro-levy on calls, creates a significant amount of revenues, especially in sectors that fall out of the national tax system.
In this way, a micro-contribution could make a mega difference, helping governments fast-track development. Which means it functions better and delivers on its obligations to the people.
Today, Lamothe operates LSL Worldwide Initiative, advising low and moderate income countries. He points to Singapore and Estonia as countries that have successfully accelerated their economies through digitization.