How digital nomads contribute to the economic transformation of developing countries

Developing countries attract nomads with a lower cost of living. Though nomads contribute to local economies, their higher incomes also raise housing costs, displacing residents, according to a growing (but in my view, mostly false) consensus. (I'm quoted in the article.)

While digital nomads bring fresh money, emerging economies must balance this against protecting longtime natives from being priced out of their own neighborhoods, according to Isabela De los Rios Hernández, writing for Harvard International Review.