Who will write the future of the world's economy?
Source: The Manila times
Published on: 2026-10-30 16:08
LATIN America will be equally important, but its trajectory is different. The region has long participated in global trade. What is changing now is how Latin American societies negotiate inclusion and credibility in the digital economy. Many countries face inequality and trust deficits that affect consumption patterns and tax compliance. When digital channels reduce transaction costs, they can create opportunities for small firms and informal workers to reach customers. Yet digital commerce also intensifies risk when consumer protection is weak or when fraud is tolerated. Trust becomes a form of infrastructure. Latin America's influence on the future world economy will, therefore, be shaped by the interaction between technology adoption and institutional quality. Countries that build credible regulatory frameworks for financial technology (fintech), data protection, and consumer recour...
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