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dc.titleAn Enabling Regulatory Framework for Artificial Intelligence in Latin America and the Caribbean
dc.contributor.authorLevy Yeyati, Eduardo
dc.contributor.orgunitInstitutions for Development Sector
dc.coverageLatin America
dc.coverageThe Caribbean
dc.coverageCentral America
dc.coverageSouthern Cone
dc.coverageSouth America
dc.date.available2025-11-11T00:11:00
dc.date.issue2025-11-11T00:11:00
dc.description.abstractLatin American and Caribbean (LAC) countries face a critical choice in artificial intelligence (AI) governance: adopt regulatory frameworks that enable innovation and competitiveness or risk falling behind in the global AI economy. This paper builds on the Inter-American Development Banks AI framework, specifically the institution and governance pillar, arguing that a smart, enabling regulation is not a constraint but a catalyst for AI adoption. It reviews global regulatory models from the comprehensive risk-based approach of the European Union to the sectoral model of the United States and the innovation-friendly framework of the United Kingdom and analyzes their implications for the LAC regions unique context of high inequality, limited institutional capacity, and fragmented regional markets. The paper introduces a three-dimensional framework for regulatory choices (what, how, and who is regulated) and examines how LAC countries can navigate the AI trilemma of protecting rights, fostering innovation, and maintaining sovereignty while building regional AI integration. Rather than prescribing uniform solutions, the author outlines how the Bank can support its member countries in designing proportionate and adaptive regulatory approaches that strengthen competitiveness, build public trust, and position the region as a thoughtful contributor to global AI governance.
dc.format.extent22
dc.identifier.doihttp://dx.doi.org/10.18235/0013801
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/An-Enabling-Regulatory-Framework-for-Artificial-Intelligence-in-Latin-America-and-the-Caribbean.pdf
dc.language.isoen
dc.publisherInter-American Development Bank
dc.subjectArtificial Intelligence
dc.subjectRegulation
dc.subjectRegulatory Governance
dc.subjectInnovation
dc.subjectGovernance
dc.subjectSmall Business
dc.subjectTrust
dc.subjectInstitutional Capacity
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeO38 - Government Policy
dc.subject.jelcodeL86 - Information and Internet Services • Computer Software
dc.subject.jelcodeK23 - Regulated Industries and Administrative Law
dc.subject.jelcodeF55 - International Institutional Arrangements
dc.subject.keywordsartificial intelligence;innovation policy;institutional capacity;Latin America and the Caribbean;LAC;enabling regulation;data governance
dc.typeTechnical Notes
idb.identifier.pubnumberIDB-TN-03241
idb.operationRG-T4762
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