In just over two decades, Peru has increased its agricultural exports from $748 million in 2002 to $12.3 billion in 2024. The country is now the world’s top exporter of blueberries and a leading producer of popular superfoods such as asparagus and avocados. Today, the agricultural sector contributes six percent to GDP and employs over 25 percent of the economically active … [Read more...] about Unlocking Peru’s Agricultural Export Potential
The Energy Transformation in Chile
With abundant sunshine, coastline, and other natural resources, Chile has emerged as a renewable energy leader. In just a decade, it went from importing fossil fuels to generate 63 percent of its energy in 2013 to producing 68 percent from renewables in 2024. This transformation has been driven by strong regulatory frameworks that encourage private sector investment, falling … [Read more...] about The Energy Transformation in Chile
Building Roads to Growth in Paraguay
The IDB Group experience in the transport sector in Paraguay illustrates how a programmatic approach can bridge public and private efforts to deliver sustainable infrastructure and inclusive growth. Over the past 20 years, Paraguay has outpaced the growth rate of the rest of Latin America and the Caribbean, propelled by its rich natural resources and growing agricultural … [Read more...] about Building Roads to Growth in Paraguay
Boosting Economic Opportunities for Women Entrepreneurs in the Dominican Republic
At about $100 billion, the financing gap for micro, small, and medium enterprises (MSMEs) in Latin America and the Caribbean is the second largest in the world, according to the International Finance Corporation. The unmet demand for credit is even deeper for women-led MSMEs, who face systemic barriers in accessing credit. Women-led businesses are more likely to be denied … [Read more...] about Boosting Economic Opportunities for Women Entrepreneurs in the Dominican Republic
How Honduras Has Reduced Criminal Violence
As illustrated by the case of the SMI, an important strategy for achieving greater impact involves aligning with the priorities of member countries and leveraging synergies between interventions. This is a key aspect of the IDB Group’s emphasis on strategic selectivity and programmatic approaches, given that support for multiple interconnected interventions can deliver more … [Read more...] about How Honduras Has Reduced Criminal Violence