The annual meeting of the IDB’s Board of Governors is the ideal time to reflect on the strategic challenges facing Latin America and the Caribbean (LAC) and the agenda for addressing them. President Ilan Goldfajn opened this year’s meeting by highlighting that LAC may be at a turning point: “There is a great opportunity for the region to become part of the solution to shared … [Read more...] about The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
Sustainable Supply Chains in the Andean Region: Opportunities and Challenges
The Andean region is at a turning point, trying to get back on the path to sustainable growth after the economic slowdown that began in 2014 and the recent crisis triggered by the COVID-19 pandemic. In addition to these challenges, the region must adapt to the digital transformation, global geopolitical tensions, and climate change. These circumstances underscore the importance … [Read more...] about Sustainable Supply Chains in the Andean Region: Opportunities and Challenges
Caribbean innovation shines through as knowledge-based services expand
Looking back at 2023, a year in which trade in goods faced considerable headwinds in Latin America and the Caribbean, knowledge-based services stood out for their sustained growth. The high quality of this surge is borne out by practices that promote efficiency, sustainability, optimization, and productivity, all of which significantly help bolster people’s quality of … [Read more...] about Caribbean innovation shines through as knowledge-based services expand
Trade to feed the world: A strategic agenda for Latin America and the Caribbean
Latin America and the Caribbean (LAC) has a unique opportunity to meet the expected growth in global demand for agrifood products. The region accounts for 14% of global food production and 45% of net international trade in agrifood products.[1] The importance of these products to LAC’s economies is undeniable: agrifood systems account for between 9% and 35% of the region’s GDP … [Read more...] about Trade to feed the world: A strategic agenda for Latin America and the Caribbean
How to Support Productive Internationalization in Latin America?
Latin American countries are known to experience difficulties in integrating into the international economy. Numerous studies bear witness to this while recommending various policies to promote the advancement of productive internationalization in the region. Despite their potential benefits, the recommended policies can only be implemented in the presence of certain state … [Read more...] about How to Support Productive Internationalization in Latin America?