Latin American Economic Outlook 2020
Digital Transformation for Building Back Better
The Latin American Economic Outlook (LEO) 2020 focuses on the role of digital transformation in helping to navigate through challenging times. The Covid-19 pandemic is having a profound impact on socio-economic conditions, accentuating the already complex scenario faced by a region with significant structural weaknesses. This unprecedented crisis comes at a time of high aspirations and reinforces the need to transform the very foundations of the development model in the region. The report explores how digital transformation can help to cope with the current socio-economic situation, boost productivity, strengthen institutions and achieve higher levels of inclusion and well-being. The LEO 2020 also highlights that international partnerships are fundamental to reaping the benefits of the digital transformation.
The LEO is a joint annual publication produced by the OECD Development Centre, the United Nations Economic Commission for Latin America and the Caribbean (UN ECLAC), the Development Bank of Latin America (CAF) and the European Union (EU). It is the first pillar of the EU Regional Facility for Development in Transition for Latin America and the Caribbean.
Also available in: Spanish
El Salvador
El Salvador continues to progress in enhancing digital access and use for all, but a digital gap remains. Despite improvements, active mobile broadband subscriptions in 2018 were below Latin American and Caribbean (LAC) and Organisation for Economic Co-operation and Development (OECD) averages, while Internet users represented 33.8% of the population, compared with 62.9% in LAC and 83.4% in the OECD in 2017. More progress is needed in enhancing trust in the digital ecosystem. In particular, trust in online privacy and the Global Cybersecutiry Index are below LAC and OECD averages.
Also available in: Spanish
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