Did you know that micro, small, and medium-sized enterprises (MSMEs) play an essential role in economic development, job creation, and poverty reduction worldwide? On one hand, they make up 90% of all businesses, and on the other, they generate between 60% and 70% of employment and represent up to 50% of the Gross Domestic Product (GDP). In Mexico, for example, MSMEs … [Read more...] about The Power of Small in Microenterprises and SMEs
Gender
Latin America and Europe Exchange Experiences on the Silver Economy
In Latin America and the Caribbean, 7.8 million people over the age of 65 need help with activities of daily living, a figure that will increase to 14 million by 2035 and to 23 million by 2050. Aging particularly affects women, who live longer than men and predominantly take on caregiving roles: 75% of dependent older adults in the region are cared for by family members, and 6 … [Read more...] about Latin America and Europe Exchange Experiences on the Silver Economy
The Potential of Women Leaders to Drive Change
Having women in leadership positions within organizations is a strategic decision. A study analyzing more than 1,000 publicly traded companies in 12 countries found that those with greater female representation at the executive level were 21% more likely to outperform their peers in profits and 27% more likely to create long-term value. Evidence shows that female leadership … [Read more...] about The Potential of Women Leaders to Drive Change
A Call to Support Women-Led Businesses in Latin America and the Caribbean
Women-led businesses are a strategic driver of economic growth in Latin America and the Caribbean. Not only do they generate employment and foster innovation, but they also contribute to more sustainable business models. Despite their importance, however, their full potential remains untapped. Limited access to financing, essential inputs, and strategic markets, among … [Read more...] about A Call to Support Women-Led Businesses in Latin America and the Caribbean
Time-Use Data: An Important Tool for Equality in Latin America and the Caribbean
Time-use data are an essential tool to understand how people allocate their time across different activities. Examples include paid work, unpaid domestic work, leisure, and self-care. This information provides valuable insights into productivity, how our societies are structured, and the overall well-being of the population. Additionally, such data are indispensable for public … [Read more...] about Time-Use Data: An Important Tool for Equality in Latin America and the Caribbean