Small and medium-sized enterprises (SMEs) are an essential part of a dynamic and healthy economy. Their increase in number and growth advances competition and strengthens the entrepreneurial ecosystem, with a positive and significant impact on innovation and aggregate productivity. SMEs represent close to 90% of the companies in a typical Latin American or Caribbean country and … [Read more...] about SMEs and the Challenge to Export
Development Impact
Tourism development through PPPs: An opportunity to generate employment in Latin America and the Caribbean?
Tourism is one of the world’s largest industries, particularly in terms of employment. This industry generates one out of every 11 jobs in the world, represents 10% of gross domestic product (GDP) worldwide, and 7% of exports, according to the World Tourism Organization. International arrivals around the world grew from 25 million in 1950 to more than one billion in the last … [Read more...] about Tourism development through PPPs: An opportunity to generate employment in Latin America and the Caribbean?
The power of baby wipes to promote breastfeeding
How a US$4 million loan to a baby wipes producer in the Dominican Republic can help address infant health. … [Read more...] about The power of baby wipes to promote breastfeeding
Key Findings from the Base of Pyramid Week
By Elizabeth Boggs Davidsen* Last week, top executives of multinational and regional companies, leading impact investors, members of government, and international organization representatives came from around the US and the globe to learn from the IDB and each other about how business models for the base of the pyramid can launch and scale quickly and profitably. The … [Read more...] about Key Findings from the Base of Pyramid Week