The Future of Transportation Services in Latin American and Caribbean Countries
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The scope of this discussion paper is to describe the main trends disrupting transport services and the policy implications for Latin American and Caribbean (LAC) countries; this includes both those issues already being felt today, as well as those “on the horizon”. This paper looks at the two singular global trends that have a direct link to transportation services: disruptive innovation and the sharing economy; followed by a detailed discussion of more specific transportation trends. The core of the discussion would then be on the use of electric vehicles and the varying levels of vehicle automation; and, more importantly, the types of transportation business models which might emerge based on technologies. The implication on transport policy and requirements for government oversight would also be analyzed.