From his over three decades of experience as a developer, retired businessman Daniel Chavez Moran understands the importance of investing in infrastructure improvements. Chavez Moran now focuses his passion and interest in economic and social development through his work with the non-profit Vidanta Foundation which promotes the strengthening of democracy and economic sustainability for the future of Latin America.
This recent technology article from The Atlantic, a U.S. publication, was of interest to him as it explains how investments in broadband infrastructure and expanded internet access can create a pathway to jobs in Latin America:
Is a poor broadband network holding back the region’s economy? Investing in infrastructure doesn’t mean just roads and bridges anymore.
In the days of the Great Depression, governments built roads and bridges in an attempt to nudge the economy into a recovery. Is expanding the broadband network the 21st-century equivalent?
Latin America is ripe for such an effort, argues Raul L. Katz of Columbia Business School… The potential jobs growth will come from closing the gap between the demand for broadband (estimated based on the size of the Latin American economies) and its availability… Greater Internet access could certainly encourage the development of businesses ranging from small tech start-ups to global firms.
Related posts: Daniel Chavez Moran on globalization opportunities and challenges for Latin America and Daniel Chavez Moran on building Mexico’s growth opportunities.