Professor Cole Discusses Effects of Mobile Phone Banking on Developing Nations

Author: Susan Good


At 2:00 p.m. on Monday, September 27th, Professor G. Marcus Cole. (Stanford Law School) will speak in Eck Hall of Law 2130 at the Notre Dame Law & Economics Workshop. Professor Cole will present “Is Mobile Phone Banking Really Banking?”, a selection from a chapter of his book manuscript on the role of technology in the lives of the poor.

In this chapter, Professor Cole surveys the recent literature on mobile phone banking in developing nations and investigates the effects of this type of banking on economic growth. He also examines the various regulatory approaches governments can utilize with respect to mobile phone banking, including whether cell phone companies should be regulated as banks.

Professor Cole’s workshop is one in a series of talks this fall in the Law and Economics Seminar, a new course being co-taught by Professor Margaret Brinig and Professor Daniel Kelly. The seminar was developed in conjunction with the launch of the Notre Dame Law & Economics (NDL&E) Program, one of several new interdisciplinary initiatives at the Law School.

During several of the seminar sessions, invited speakers from other law schools and universities as well as from the University of Notre Dame deliver working papers and students, as well as interested faculty, have the opportunity to ask questions and offer comments. These workshop sessions are open to all Notre Dame faculty and students.

Professor Cole’s talk is being sponsored through the generosity of Robert and Ann Therese Palmer as the Robert and Ann Therese Palmer Distinguished Lecture in the Law.

For additional information about Professor Cole’s lecture, the law and economics workshop, or the NDL&E Program please contact Professor Dan Kelly at (574) 631-7690.

About the Speaker

G. Marcus Cole. is the Wm. Benjamin Scott and Luna M. Scott Professor of Law at Stanford Law School. A scholar of the law of bankruptcy, corporate reorganization, and venture capital, Professor Cole takes an empirical law and economics approach to research questions such as why corporate bankruptcies increasingly are adjudicated in Delaware and what drives the financial structure of companies backed by venture capital. He has been a national fellow at the Hoover Institution and has scholarly interests that range from classical liberal political theory to natural law and the history of commercial law. He serves on the board of directors for the Central Pacific Region of the Anti-Defamation League of B’nai B’rith and on the editorial board of the Cato Supreme Court Review. Before joining the Stanford Law School faculty in 1997, Professor Cole was an associate in commercial litigation with the Chicago law firm of Mayer, Brown & Platt, and he clerked for Judge Morris Sheppard Arnold of the U.S. Court of Appeals for the Eighth Circuit. For more on Professor Cole, please visit his faculty website. .