HOME

18 Sep 2018

From physical to virtual: digitizing the business experience

Over 3 million firms from 150 countries have visited ConnectAmericas.com. Some 200,000 of them from 50 different industries have signed up for the platform, where they can access sector-specific communities, business opportunities, training, and financial information. ConnectAmericas.com receives support from Google, DHL, SeaLand, Facebook and MasterCard. It was created by the Inter-American Development Bank (IDB) in 2014 to help local SMEs to go international, building on the success of events like LAC Flavors (foods, beverages,...
Read More
12 Sep 2018

The success that ten years of LAC Flavors has brought

Let’s try to get inside the head of a food exporter from Latin America and the Caribbean (LAC). What might their greatest desire be? Seeing their products on the shelves of supermarkets in other continents, probably. They might dream of someone in Belgium tasting their blueberry jam or a shopper in Korea trying their yucca snacks. They might not even need to look for new consumers, as there are millions of people from Latin America...
Read More
21 Aug 2018

Short-sea shipping: A solution to Caribbean logistics challenges?

Caribbean islands face significant competitive disadvantages in trade because of a variety of factors — including the size and nature of their economies and their geographic location, which necessitates a reliance on maritime and air transport for most of their import and export needs, with 90 percent of goods being transported by sea. At the same time, maritime transport and insurance costs in the Caribbean are 30 percent higher than the world average. These costs...
Read More
17 Aug 2018

Why fragmented integration hampers fragmented international production

//
Comments0
When world trade consisted mostly of final goods or inputs used only in goods for domestic final demand, the relationship between trade agreements and trade flows was relatively simple: sign an agreement with another country and the trade flows between the two nations would most likely increase, end of story. With the emergence of global value chains, however, the story is not so simple. Because inputs are increasingly used in the production of goods that...
Read More
1 Aug 2018

Latin American integration: an insurance policy against uncertainty on global market access

Over the last 30 years, in Latin America and the Caribbean (LAC), preferential trade agreements (PTAs) were the instrument of choice for moving toward more integrated markets. Although PTAs were successful in helping countries to move beyond the limitations of earlier, more inward-looking integration initiatives, their proliferation led to a regulatory architecture that has not necessarily given companies the agility they need to compete in the global 21st-century economy. The most recent IDB flagship report...
Read More
24 Jul 2018

Making it Whole: Integration in Latin America and the Caribbean

//
Comments0
In a recent interview with a Brazilian newspaper, Chilean president Sebastián Piñera could not have been more precise when he summed up the challenges the region is still facing after more than a quarter of a century of regional integration. He argued that Latin America has more preferential trade agreements (PTAs) than any other region in the world and yet integration there lags behind its counterparts. He also spoke of the responsibility that the current...
Read More
13 Jun 2018

Growth Slowdown: The impact of external risks

As is described in detail in the half-yearly update to Trade Trend Estimates — Latin America and the Caribbean, the region’s exports grew at a year-on-year rate of 10.6 percent in the first quarter of 2018. This represents a downturn in comparison with the average growth of 11.9 percent of 2017, which marked the end of four continuous years of contraction. Growth in Latin American exports not only became less intense but was also weaker...
Read More
1 2 3 13