To meet the ambitious targets laid out by the Sustainable Development Goals (SDGs), it is necessary to accelerate collective action, coordination, and resource mobilization across the public and private sectors. Public sector resources alone are not sufficient to bring development finance from the “billions to trillions” required to achieve the SDGs. … [Read more...] about Why is additionality key for private sector development finance?
Development Impact
Can your trip to the beach help reduce poverty?
As summer comes to an end in the Northern Hemisphere, many of us have been asking and answering the same question: how was your vacation? Our responses typically include anecdotes about the food, people, and places we encountered along the way. Perhaps we could also be asking ourselves how our vacation impacted those people and places. … [Read more...] about Can your trip to the beach help reduce poverty?
How can character count toward identifying good credit clients?
The financing gap for micro, small and medium-sized enterprises (MSMEs) in Latin America and the Caribbean was estimated at $1.2 trillion in 2017, nearly a quarter of the global emerging market total. If this gap were a country, not only would it be a credit desert for most inhabitants, but it would edge out Mexico as number 15 on the list of the world’s largest economies in … [Read more...] about How can character count toward identifying good credit clients?
Why is mobile broadband quality so important for development?
Latin America and the Caribbean is a region of contrasts. Almost everyone has a cell phone, as evidenced by the exponential increase in mobile phone subscribers from 10% of the population in 2000 to over 70% in 2017. And, the region is home to some of the most advanced mobile internet and avid social media users in the world, led by Mexico, Argentina, and Brazil. Yet coverage … [Read more...] about Why is mobile broadband quality so important for development?
What can the private sector in Latin America and the Caribbean learn from Korea’s economic miracle?
They say that Korea achieved in three decades what it took the Western industrialized countries more than a century to do. But, how did it do that? … [Read more...] about What can the private sector in Latin America and the Caribbean learn from Korea’s economic miracle?