Publication: Digital Economy for Latin America and the Caribbean - Country Diagnostic: Colombia
Loading...
Published
2023-06-21
ISSN
Date
2023-06-21
Author(s)
Editor(s)
Abstract
This report analyzes the current state of, challenges to, and opportunities for the development of a digital economy and proposes six policy priorities for the Government of Colombia (GoC). The report is based on the World Bank’s Digital Economy Assessment methodology, which analyzes the digital economy across six pillars or foundational elements: digital infrastructure, digital platforms, digital financial services, digital businesses, digital skills, and trust environment.
Link to Data Set
Citation
“World Bank. 2023. Digital Economy for Latin America and the Caribbean - Country Diagnostic: Colombia. © World Bank. http://hdl.handle.net/10986/39906 License: CC BY-NC 3.0 IGO.”
Digital Object Identifier
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Digital Economy for Latin America and the Caribbean - Country Diagnostic: Ecuador(Washington, DC: World Bank, 2024-02-12)Ecuador has made significant progress on the adoption of digital technologies over the past decade. Despite these advances, millions of Ecuadorians, particularly those in rural areas, continue to be excluded from the digital economy because of affordability constraints, uneven infrastructure, and gaps in digital skills. Accelerating the adoption of digital technologies and addressing inequities in digital access can help Ecuador achieve its development goals. This report provides recommendations to support the effective implementation of Ecuador’s Digital Transformation Agenda 2022–2025. Universal internet access and digital transformation can help the country promote productivity and competitiveness in the non-extractive sectors, foster sustainable growth, create better jobs, and bridge inequalities, particularly the urban-rural divide as concerns the indigenous populations. The government’s commitment to digital transformation to address its development challenges is evident in the newly passed agenda, which includes digital infrastructure as axis number one. This report provides Ecuadorian authorities with recommendations for implementing the agenda across six pillars: digital infrastructure, digital public platforms, digital financial services, digital businesses, digital skills, and the trust environment. Key recommendations include legal and regulatory reforms to address affordability barriers to internet access, foster fintech and e-commerce ecosystems, and enhance cybersecurity. Ecuador’s digital transformation will also require investments in fixed and mobile infrastructure and international bandwidth, as well as in digital public platforms, to improve user experience and interoperability. Guiding student progress in digital skills from primary to higher education and digitizing government payments are also key reform areas.Publication Digital Economy for Latin America and the Caribbean(Washington, DC, 2022-04)The widespread adoption of digital technologies is transforming how individuals, businesses, and governments interact, as well as creating new opportunities for boosting shared prosperity and reducing poverty. Digital technologies are playing an increasingly important role in El Salvador’s economic development and will play an even larger role as the global economy continues to digitize. Digital transformation can help El Salvador address its persistent growth challenges and explore new avenues toward green, resilient, and inclusive development. This report builds on the strategic priorities of the digital agenda (DA) 2020-2030, assesses the state of digital economy development in El Salvador, and provides detailed analysis and policy recommendations to inform the reform agenda in the country. The report provides a comprehensive overview El Salvador’s digital economy development across six foundational elements of a digital economy: digital infrastructure, digital platforms, digital financial services, digital businesses, digital skills, and trust environment. The diagnostic and recommendations are based on analysis of secondary data, structured interviews, surveys, and focus group discussions with key government and private sector stakeholders. The findings of the report are organized in six chapters - each dealing with a pillar of the digital economy. Policy recommendations are presented in the form of sequenced action plans that can inform relevant efforts by national authorities, the private sector, and development partners. The report summarizes the main findings on each digital economy pillar.Publication Reclaiming the Lost Century of Growth: Building Learning Economies in Latin America and the Caribbean(Washington, DC: World Bank, 2025-06-06)Update: The Spanish version of the full book was published on September 9, 2025. Latin America and the Caribbean has lost not decades but a century of growth due to its inability to learn—to identify, adapt, and implement the new technologies emerging since the Second Industrial Revolution. Superstars like Argentina, Chile, and Uruguay fell behind peers like France and Germany, while the entire region retrogressed in industries it once dominated and was unable to take advantage of new opportunities that propelled similarly lagging countries to high-income status. The report shows that this remains the case today as the region’s firms continue to lag in assimilating new technologies. However, it argues that Latin America and the Caribbean can reclaim the lost century by building learning economies, creating the human capital, institutions, and incentives needed to increase the demand for knowledge, facilitate the flow of new ideas, and foment the process of experimentation.Publication How to Protect and Promote the Nutrition of Mothers and Children in Latin America and the Caribbean(World Bank, Washington, DC, 2012-12-10)This section describes the priority nutrition interventions and cross-cutting approaches that are essential to promote and protect the nutritional status of mothers and children as well as a country's human capital in the short-, medium-, and long-terms. The main thrust of the guidance is that: (1) policies give special attention to the critical 'window of opportunity' represented by the first 1,000 days of life; (2) policies are aligned with the latest international recommendations in nutrition; (3) policies and interventions of key sectors are coordinated to provide synergy of action; and (4) resources allocated for disaster prevention and emergency management are invested in the most cost-effective way. Monitoring is a continuous process of collecting and analyzing information to better understand how well a program is operating against expected outputs and to allow remedial intervention to correct failures. Situation monitoring measures the change or lack of change, in a condition or a set of conditions and includes monitoring of the wider context. Performance monitoring, on the other hand, measures progress in achieving specific results in relation to an implementation plan. Evaluation is a systematic and objective assessment that attempts to determine the worth or significance of an intervention, strategy, or policy. It is used to appraise the effectiveness of an intervention to determine if it meets its goals, to estimate its results or impact, and to identify its costs vs. its benefits. Promote optimal breastfeeding practices. Provide all pregnant women with daily iron-folic acid supplements for at least six months. Provide deforming treatment to pregnant women, preschool-aged children, and school-aged children in areas where hookworms or soil-transmitted helminthes are prevalent. Establish strong links between agricultural, food security, social protection and nutrition policies that can be used to inform a robust communication program regarding maternal diet and critical infant and young child feeding practices. Support diversified agricultural production to increase availability of nutrient-dense foods, particularly those of animal sources.Publication Latin America and the Caribbean Poverty and Labor Brief, June 2013 : Shifting Gears to Accelerate Shared Prosperity in Latin America and the Caribbean(Washington, DC, 2013-06)The Latin America and Caribbean (LAC) region has made laudable progress in the past fifteen years in reducing poverty, building the middle class, and promoting prosperity for all levels of society. Extreme poverty, defined in this region as life on less than $2.50 a day, has declined by half, while in 2011 for the first time in recorded history the LAC region had a larger number of people in the middle class than in poverty. Across this region of close to 600 million people, the poor have been gaining faster than the already well off. But despite these impressive achievements, about 80 million people still live in extreme poverty, half of them in Brazil and Mexico. And millions more who have risen out of poverty risk being pulled back down into it by economic shocks and severe weather brought on by climate change. This brief reviews the LAC's progress toward these objectives, outlines the continuing challenges and proposes a policy framework for keeping the region on its upward arc and picking up the speed.
Users also downloaded
Showing related downloaded files
No results found.