Towards a single digital market
The headline numbers suggest that Latin America and the Caribbean has done very well, as a region, to develop internet connectivity and capture what might be called ‘the digital dividend’ – the extra business opportunities and competitive edge that comes from using online systems. After all, according to the latest data, half the region’s population is now connected, the regional digital economy is worth US$27bn per annum, and the spread of the Internet has helped create around 900,000 new jobs a year. But there’s a catch.