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
América Latina y el Caribe
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
Three Ways to Support the Resilience of MSMEs to Overcome COVID-19
For MSMEs, the response to COVID-19 requires not only ensuring their survival in the short term, it also requires evaluating possible scenarios to align recovery efforts. For this, it is essential to strengthen their resilience. … [Read more...] about Three Ways to Support the Resilience of MSMEs to Overcome COVID-19
Caribbean Tourism: The Private Sector Cannot Do It Alone
Caribbean economies that heavily depend on tourism require meaningful public stimulus. One key to recovery is to keep businesses solvent. … [Read more...] about Caribbean Tourism: The Private Sector Cannot Do It Alone
Regional Tourism Industry Binds Together to Overcome COVID-19
As tourism awaits the reopening of economies, it’s crucial to stay close to industry stakeholders, to understand how they are handling the pandemic and mitigating the impact on the business, employees and the community at large. One thing is clear: no one has the luxury to stand on the sidelines as a spectator. … [Read more...] about Regional Tourism Industry Binds Together to Overcome COVID-19
