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EMnet Business Meeting on Latin America "Leveraging the impact of new technologies"

 

EMnet Business Meeting 

"Leveraging the impact of new technologies"

23 - 24 May 2019 

DAY 1 – 23 May, OECD Headquarters | 2 rue André Pascal , 75016 Paris

DAY 2 – 24 May, Station F [Junior Stage] | 55 Boulevard Vincent Auriol, 75013 Paris

 

The meeting on "Leveraging the impact of new technologies", will gather multinational companies, policy makers and OECD experts to discuss the impact of new technologies on investment in the Latin American region. 


DAY 1 – 23 May, OECD Headquarters | 2 rue André Pascal , 75016 Paris

Session 1: How can technological developments create new opportunities for business?

The Latin America and Caribbean (LAC) region has suffered from low levels of productivity and innovation. The region is estimated to account only for 1.5% of global business R&D spending. Building on emerging digital technologies, governments are committed to boost productivity, innovation and growth and encourage more private investment. However, sound policy and regulatory reforms are necessary to allow the private sector to take full advantage of these new opportunities.

Session 2: New digital technologies and tax implications in Latin America

The digital transformation of our economy raises a broad range of tax challenges for policy makers, including VAT collection, corporate tax avoidance and allocation of taxing rights. Significant progress has been achieved at multilateral level through the OECD/G20 Base Erosion and Profit Shifting (BEPS) project and the subsequent work that led to the 2018 Interim Report “Tax Challenges arising from Digitalisation”. Work is still on going in this area, and additional global solutions are expected to be delivered by the end of 2020.


DAY 2 – 24 May, Station F [Junior Stage] | 55 Boulevard Vincent Auriol, 75013 Paris 

Session 3: Investment in new technologies for risk management and sustainable growth

The profitability of businesses, in particular their long-term investments, is subject to external and domestic risks, which are not only of an economic nature, but are also social, environmental and institutional. In this context, new technologies can offer solutions to tackle these risks, by addressing development challenges and ensuring long-term sustainability of investments

Session 4: Digital disruption and its impact on Latin American markets

New technological developments are changing the way in which consumers think, interact and purchase. Mobile internet subscribers in Latin America increased from less than 200 million in 2012 to more than 300 million in 2016.  Increased internet and mobile penetration has led to the sustained growth of e-commerce, while digital technologies like the Internet of Things (IoT) and Artificial Intelligence (AI) are reshaping consumers’ expectations for a personalised experience. As a result, companies are faced with the need of rethinking their strategies to meet evolving consumer patterns and expectations.

 

 

 

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