Local banks are a core component of the market architecture in Latin America and the Caribbean with the potential to catalyze innovation and growth. As I return from the Americas Competitiveness Forum in Trinidad & Tobago, my third visit to the country this year, I am reminded how dynamic and innovative its business environment is and how multilaterals can better … [Read more...] about Three ways multilaterals support local banks and drive innovation in the Caribbean
SME
Growing Jamaica’s Hotel Industry while Training At-Risk Youths
IDB approved a US$6.75 million loan to Caribe Hospitality Jamaica in December 2012 to construct and operate a 129 room Marriott Courtyard Hotel in New Kingston Jamaica. In addition to providing loan funds, IDB saw the opportunity to provide technical assistance to enhance the development impact of the project. IDB then conducted a Shared Value Appraisal, in partnership … [Read more...] about Growing Jamaica’s Hotel Industry while Training At-Risk Youths