Technological revolution accelerated by coronavirus crisis in Latin America and the Caribbean

Technological revolution accelerated by coronavirus crisis in Latin America and the Caribbean

(MENAFN – Caribbean News Global)

WASHINGTON, USA – Latin America and the Caribbean is in the midst of a "Fourth Industrial Revolution" of technological innovation which requires enhancing the productivity of the services sector, investing in human capital and rethinking labor regulations and social protection policies, according to a new World Bank report.

These policy priorities have become all the more urgent now that the COVID-19 pandemic is fueling the biggest contraction in economic activity since the great depression. Digitization has become more important to support economic activity at a time of social distancing and is accelerating this technological transformation, potentially […]

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