A look at the new Future Readiness Economic Index for decision makers
The pandemic has had devastating effects on emerging economies, threatening to undo thirty years of progress. In countries like Kenya, India, and Brazil, COVID drove up unemployment, disrupted supply chains, and devastated entire sectors.
If we do nothing, it could take years for these countries to recover, creating even greater divides between people in developed and emerging economies. But we’re seeing a contrary trend that could dramatically turn things around. Looking beyond the short-term headlines to longer-term trends actually tells a different story.
As last year’s Digital Sprinters Framework outlined, if emerging economies adopt the right digital policies, they could actually emerge stronger and better prepared to accelerate economic growth and opportunity.
