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An authoritarian regime using violence has reduced peace in Nicaragua and caused political instability. Consequently, the economy has suffered a prolonged recession, which has been exacerbated by the Coronavirus (COVID-19) pandemic. A major trade deal is under threat of review if elections are seen to be undemocratic. Consumer market appeal is rising through an expanding populace, but poverty remains high. Internet use is growing, as are mobile subscriptions, but innovation is lacking.
Ageing, urbanisation and migration continue to be major factors shaping the global population. The number of seniors around the world kept expanding in 2021 and is expected to grow further in the years to 2040. The number of small children is systematically falling globally due to decreasing fertility rates, later marriages and other factors influencing the change in lifestyles. Containment of the pandemic, gradual lift of the restrictions and political unrest encourage greater mobility and migr
While Latin America’s digital landscape is less well developed than other regions globally, most measures continue to improve, with Coronavirus (COVID-19) also having served to drive the digital landscape development in 2020. With locked-down consumers working and learning at home, as well as shopping and entertaining themselves a lot more in an online environment, they were increasingly turning to digital solutions during the pandemic.
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