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ICT

How ICT Can Drive Growth in Emerging Economies

I had the honor of giving a keynote presentation on August 6 at the Fifth Ministerial Conference on the Information Society in Latin America and the Caribbean in Mexico City (video here). Hosted by the United Nation’s Economic Commission for Latin America and the Caribbean and the Government of Mexico, the conference was attended by government officials and others involved in information and communications technology (ICT) policy in the region. The focus was on how the region can coordinate more effectively on ICT policy and how Latin American and Caribbean countries can learn from each other. Three main things struck me during the conference: there was a distinct focus on trying to create the next Silicon Valley, an emphasis on fostering small businesses, and competing visions of opportunity versus growth. Although I have to say these were not surprises, as I have found that many policymakers around the world hold similar views on these topics.

Discussion turned repeatedly to the question of how to create “the next Silicon Valley,” rather than how to create the next ICT-enabled economy. In other words, too many policymakers focus on trying to

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