Chile, Colombia, and Mexico were the highest-scoring Latin American countries on the Telefónica Digital Life Index. ... Play Video
Catherine Novelli, Undersecretary for Economic Growth, Energy, and the Environment, U.S. Department of State
Jorge Familiar, Vice President, Latin America and Caribbean, World Bank
Carlos López Blanco, Global Head, Public and Regulatory Affairs, Telefónica
Eric Farnsworth, Vice President, Americas Society/Council of the Americas
Raul Katz, Adjunct Senior Research Scholar, Institute for Tele-Information, Columbia University
David Gross, Partner, Wiley Rein LLP (moderator)
"For every 10 percent increase in connectivity, there's a 1 to 2 percent increase in a country's GDP," said the U.S. State Department's Catherine Novelli at a Council of the Americas panel in Washington, DC. The panel examined the results of Telefónica's Digital Life Index, which gave Chile, Colombia, and Mexico the highest scores among Latin American countries when it comes to internet freedom, openness, and confidence. Important challenges remain for the region to expand its digital economy, the panelists noted, such as lowering connection costs, graduating more engineers, and investing in infrastructure. Multilateral development banks, too, need to step in with more investment, Novelli said.
Watch highlights of our conference, where experts discussed Nuevo León's economic development. ... Play Video
Mexico is facing obstacles to transforming and expanding its economy. At the 2016 AS/COA Latin American Cities Conference in Monterrey, experts and representatives from the public and private sectors talked about the need for infrastructure development, transparency, and urban planning to attract the right investments and benefit the economy of both Nuevo León state and Mexico as a whole.