The productive sector of Latin America and Caribbean countries faces constant challenges. In the case of Paraguay, notable challenges include difficulty accessing financing and the lack of infrastructure to boost development. However, during the last decade this country has gradually positioned itself in international trade thanks to the development of its agri-food industry, … [Read more...] about What is the private sector’s role in the path to development? The case of Paraguay
Private Sector All
Technology to access an unexplored market in Peru
Good news for companies and financial institutions interested in tapping into new markets: Peruvians who live at the base of the pyramid (BoP) spent 160 percent more on information and communications technologies (ICT) in 2013 than in 2000 –from US$20 per capita per year to US$52. Currently, four out of ten BoP heads of households use the internet. More than half of them are … [Read more...] about Technology to access an unexplored market in Peru
Overcoming stereotypes could save your business
By Susan Olsen, Lead Specialist, Opportunities for the Majority, IDB Difficulty accessing financing, poor infrastructure and incapacity to scale are cited as reasons why businesses that target the (BOP) fail. Yet, an unwillingness to overcome base of the pyramid stereotypes could easily be the most important explanation as to why some BoP-focused companies aren’t successful. … [Read more...] about Overcoming stereotypes could save your business
10 things a company needs to know about the market at the base of the pyramid
Seventy percent of the population in Latin America and the Caribbean – more than 400 million people – live on less than $10 a day. Even though their income is low, this segment of the population still demands goods and services, and represents a market of $760 billion per year. Hundreds of pioneering companies see opportunities in this market to do profitable business while … [Read more...] about 10 things a company needs to know about the market at the base of the pyramid
How to celebrate Earth Day? Five ways to go about it.
“Why should I care about future generations? What have they ever done for me?” American comedian Julius “Groucho” Marx once joked. Fortunately, there is Earth Day. It offers an opportunity to reflect on that very question. Today marks the 45th anniversary of the conception of the modern environmental movement. And by celebrating Earth Day in companies, schools and households, … [Read more...] about How to celebrate Earth Day? Five ways to go about it.