This interim report explores the transformative impact of fintech on global financial markets. It delves into the evolution of fintech from its early stages to the present day, highlighting key innovations such as digital banking, cryptocurrencies and artificial intelligence-driven financial services. The report provides an in-depth analysis of international best practices, regulatory frameworks and the role of government and private sector partnerships in fostering a thriving fintech ecosystem. In particular, the report underscores the importance of regulatory frameworks addressing foreign ex…
This report presents strategic recommendations for the development of Aruba's fintech sector with a focus on leveraging artificial intelligence and distributed ledger technologies. It evaluates Aruba's readiness in the information and communications technology (ICT) sector and the financial sector, comparing key indicators against counterparts in the region, including Curaçao, Jamaica, Trinidad and Tobago and the Kingdom of the Netherlands. The report highlights strenaths, such as stable democratic traditions, high education levels and a robust banking sector, and weaknesses, such as small mar…
This interim report assesses Aruba's potential to leverage fintech, distributed ledger technology and artificial intelligence, by examining the current state of digital regulation on the island. It provides an in-depth overview of the fintech regulatory environment in Aruba, assessing key legislative and institutional frameworks that support digital financial services. In particular, it reviews the regulatory frameworks related to telecommunications, banking, finance and competition management, highlighting the impact of these regulations on business sentiment and investment appetite.
Th…
This interim report provides a comprehensive overview of stakeholder perspectives on the opportunities and risks associated with the development and administration of fintech, distributed ledger technology and artificial intelligence in Aruba. The Government of Aruba aims to diversify its economy away from its reliance on tourism by developing its information and communications technology (ICT) sector.
The report is based on consultations with stakeholders from the public and private sectors, civil society and academia, conducted during an on-site mission in February 2025. Key findings h…
This paper, prepared jointly by the five regional commissions of the United Nations, explores the social and economic challenges and opportunities of demographic shifts towards multigenerational societies across the countries covered by the five regional commissions. It discusses the latest evidence on demographic trends and intergenerational relations, labour markets, social protection, care, living arrangements and digitalization across regions, and it provides recommendations to build societies for all ages. With a strong interdisciplinary and interregional focus, the paper addresses interg…
Artificial Intelligence offers extraordinary opportunities for accelerating human progress across a range of fields from healthcare and education, to combating climate change and disasters. However, if left unregulated, AI could exacerbate inequalities, undermine human rights and threaten peace.…
2023 saw Artificial Intelligence (AI) tools becoming widely available to the general public, leading to the generation of new works of art, songs, text, and computer code. This explosion in new outputs has led to much excitement around AI’s potential, but
also brought to the forefront concerns about countries and communities being left behind, and the technology’s potential to harm individuals and societies. This issue of FOCUS magazine discusses the potential impact of AI on the Caribbean, and avenues
to develop tailored AI policies, governance systems, and to engage with AI issues at the int…
Contar con agendas de desarrollo productivo con enfoque territorial, que se apoyen en la transformación digital y en los espacios de cooperación, es decisivo para el futuro de los países de América Latina y el Caribe, destacaron autoridades y especialistas en el Seminario internacional: “Políticas productivas territoriales, digitalización y productividad", organizado el 18 de abril de 2023 por la Comisión Económica para América Latina y el Caribe (CEPAL) en formato híbrido desde su sede principal en Santiago, Chile.
Las palabras de apertura estuvieron a cargo de Nicolás Grau, Ministro de …
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