Latin America and the digital economy challenge.

Although only a small percentage of the world's population has access to the Web, its influence over the world economy and society is very high. It is possible to imagine a completely different economy from the industrial one, but the potential of information and communications technology constitutes a challenge for traditional economic thought. This paper explores the characteristics of the information society and the global economy from the perspective of the developing countries of Latin America, and the potential of the digital economy to transform social relationships both universally and locally. As Latin America is about to start its third century of political autonomy, the digital revolution provides a new opportunity to articulate that freedom of action and to exercise alternative strategies. [ABSTRACT FROM AUTHOR]