In discussions about innovation, the focus should be on creating better processes and technologies that allow for increased productivity and value creation. There's no need to reinvent the wheel or the iPhone, but simply to make use of creativity in the region to fast-forward its exit from the crisis. The world is anxiously looking at the scientists working around the clock … [Read more...] about Innovation during COVID-19: If You Want Something New, Stop Doing Something Old
Honduras
Financing for women entrepreneurs, key for economic recovery
Support for the sizeable number of women entrepreneurs in Latin America and the Caribbean must include a gender perspective to achieve economic recovery. This implies either specific funding or collateral programs to lower risks for financial institutions. Female entrepreneurs in Latin America and the Caribbean (LAC) may be a major driver of rapid economic … [Read more...] about Financing for women entrepreneurs, key for economic recovery
The COVID-19 Crisis: An Opportunity for the Financial Sector
Unlike the 2007–2009 crisis, when the global banking system was one of the factors that caused the economic downturn, in this crisis banks are set to be part of the solution. That is the role they must play. How can they do this? Evidence of the profound impact of the COVID-19 crisis can already be seen across the region. Both large businesses and SMEs in Latin America and … [Read more...] about The COVID-19 Crisis: An Opportunity for the Financial Sector
ESG: Due Diligence in the Age of Social Distancing
ESG due diligence must contend with a slew of challenges. However, inadequately fast-tracking of it runs the risk of short-changing clients from much needed value added and risks negative impacts to stakeholders and the environment. … [Read more...] about ESG: Due Diligence in the Age of Social Distancing
Recovering Economic Productivity During Pandemic Times
To manage the economic costs of the coronavirus pandemic, people must have the financial resources to comply with containment measures and a gradual reopening. The private financial system therefore plays a key role in the survival of economic productivity and employment. … [Read more...] about Recovering Economic Productivity During Pandemic Times
