As a development bank, the IDB is always looking for opportunities to improve lives in the Americas. Working directly with government officials and in dialogue with civil society and the private sector, our teams have witnessed the development of Latin America and the Caribbean (LAC) firsthand. We analyze challenges and come up with innovative ways of overcoming obstacles that … [Read more...] about ConnectAmericas celebrates 10 years of connecting businesses in Latin America and the Caribbean
Navigating an Evolving Global Economy: The Future of Korea-LAC Relations
In recent decades, the relationship between Korea and Latin America and the Caribbean (LAC) has flourished amidst a period of unprecedented international economic cooperation. However, the recent proliferation of trade barriers and subsidies poses new challenges. What does this mean for Korea-LAC relations? A recent report by the IDB argues that despite these challenges, … [Read more...] about Navigating an Evolving Global Economy: The Future of Korea-LAC Relations
E-commerce in the Southern Cone
In recent years, a boom in e-commerce has swept the world, transforming how businesses operate and people shop. The Southern Cone countries—Argentina, Brazil, Chile, Paraguay, and Uruguay—are no strangers to this digital revolution. E-commerce is becoming increasingly important in these economies, creating new opportunities for businesses to reach customers worldwide, … [Read more...] about E-commerce in the Southern Cone
The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
The annual meeting of the IDB’s Board of Governors is the ideal time to reflect on the strategic challenges facing Latin America and the Caribbean (LAC) and the agenda for addressing them. President Ilan Goldfajn opened this year’s meeting by highlighting that LAC may be at a turning point: “There is a great opportunity for the region to become part of the solution to shared … [Read more...] about The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
Trade to feed the world: A strategic agenda for Latin America and the Caribbean
Latin America and the Caribbean (LAC) has a unique opportunity to meet the expected growth in global demand for agrifood products. The region accounts for 14% of global food production and 45% of net international trade in agrifood products.[1] The importance of these products to LAC’s economies is undeniable: agrifood systems account for between 9% and 35% of the region’s GDP … [Read more...] about Trade to feed the world: A strategic agenda for Latin America and the Caribbean