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
Special feature: The Caribbean
This chapter explores the main challenges Caribbean countries face in promoting the digital transformation and summarises the impact of the coronavirus (Covid-19) crisis on these economies. In particular, it analyses regional and national digital strategies, focusing on key dimensions, including communication infrastructure, digital government and digital security, and highlighting disparities across and within countries. To make the most of the digital transformation, countries must implement national digital strategies effectively and increase sub-regional co-operation and co-ordination in information and communications policy, broadband infrastructure, e-government systems and policies aimed at using technology-based tools to manage and prevent natural disasters.
Also available in: Spanish
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