Technological revolution accelerated by COVID-19 in Latin America and the Caribbean

Technological revolution accelerated by COVID-19 in Latin America and the Caribbean

WASHINGTON, United States — Latin America and the Caribbean (LAC) 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 labour regulations and social protection policies, according to a new World Bank report.

In a release today, the World Bank said these policy priorities have become all the more urgent now that the COVID-19 pandemic is fuelling the biggest contraction in economic activity since the great depression. It said digitisation has become more important to support economic activity at a time of social […]

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