Medium-term forecast of the impact of digital transformation on the economy: Latin American countries
Abstract
The article examines the impact of the development of digital technologies on the economic growth of the leading countries of Latin America. The author assesses the contribution of digital transformation to GDP, characterizes the negative and positive scenarios of the development of the economy of Latin American countries in 2020-2025 under the influence of the digital aspect, considers the factors that may change the speed of the implementation of digital technologies in the region. Basing on the information received, the author makes a forecast of the GDP dynamics in selected Latin American countries, depending on the estimated level of digital technology development.
Keywords
Digital transformation, digital technologies, digitalization, technological progress, forecast, Latin America.
Author
Alina Ermakova