The ICT industries

Recognizing the extent to which the electronics industry contributed to the growth of some Asian economies, various Latin American and Caribbean governments sought to implement policies to encourage development of the industry. Although these initiatives attracted foreign direct investment (FDI), increased exports, created jobs and even stimulated research and development, the sector’s strength was not comparable to that of Asia. To understand this phenomenon and its implications, the present section analyses the ICT hardware industry, which includes the production of equipment and components for the transmission, processing and storage of information and data. It first describes the principal changes in the industry at the international level, then outlines the regional scenario, focusing on the countries within the region that play the largest roles in the industry —Mexico and Brazil. Having presented this background, it then analyses the main challenges related to growth.

Sustainable Development Goals:

Industry, Innovation and Infrastructure