Technology has transformed the global economy in the last decade. It has also given emerging markets (EM) a competitive advantage, allowing them to be more agile, nimble and entrepreneurial than developed economies, in some cases. As new technology continues to emerge and play a bigger role in our lives, what is the future role of technology in EM and how can emerging markets better leverage technology to accelerate its development?
With approximately 90 per cent of the world’s population under 30 currently living in a developing or transition economy, it is very likely that the adaptation of technology in emerging markets will continue to grow at a swifter pace than developed markets. Coupled with the tax incentives and grants governments in Southeast Asia, China, and South Africa are offering to encourage technological innovation on home-soil, many EM countries have the perfect ecosystem for digitalisation and technological development. We take a closer look at the role technology is playing in EM and the opportunities it offers for its future.
Craig Butterworth, Global Head of Client Ecosystem
Jez Mohideen, Global Chief Digital Officer, Wholesale
Euben Paracuelles, Senior ASEAN Economist
Benito Berber, Senior Latin America Economist
Annisa Lee, Head of Asia ex-Japan Flow Credit Analysis
Bilal Hafeez, Head of EMEA Fixed Income Research & Gloabl Head of G10 FX & Rates Strategy
Peter Attard Montalto, Head of Emerging Europe, Middle East and Africa Economics