Digitization in Emerging Economies: Unleashing Opportunities at the Bottom of the Pyramid
Digitization in emerging countries could deliver US$6.3 trillion in additional nominal GDP and 77 million new jobs over the next 10 years. However, it will require a concerted public and private effort to bring digitization to the world’s poorest people.
Digitization—the mass adoption of connected digital technologies and applications by consumers, enterprises, and governments—could pay a major dividend in emerging economies. According to econometric analyses by Booz & Company, the overall benefits of digitization in emerging economies, which are derived from the innovative business models, products, and services that invariably accompany technological transformation, could include as much as $6.3 trillion in additional GDP, 77 million new jobs, and more than a half-billion people lifted out of poverty over the next 10 years. read more >
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