To casual observers, the Inter-American Development Bank is known for its infrastructure loans or programs to reform government institutions. But the IDB also works actively to help countries in Latin America and the Caribbean (LAC) overcome international trade barriers by helping firms buy more from each other and sell more products in foreign markets. In today’s globalized … [Read more...] about Trade globalization and digitalization
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 … [Read more...] about From physical to virtual: digitizing the business experience
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 … [Read more...] about The success that ten years of LAC Flavors has brought
Increasing the Involvement of Latin American Companies in Global Value Chains
The fragmentation of production processes is an enormous opportunity for countries and companies wishing to put themselves on the global manufacturing and export map What might a vehicle part, a jacket with motion sensors for gaming, a quinoa harvest, or software for managing dairy cattle have in common? All these goods and services are “Made in the Americas,” a marketing … [Read more...] about Increasing the Involvement of Latin American Companies in Global Value Chains
Argentina Is Becoming a Hub for Knowledge-Based Services
Architectural plans, legal and accounting consultancy work, software and mobile app development, web design, and film and video game production are just some of the many knowledge-based services (KBSs) that Argentina exports. The country’s export profile no longer centers on cuts of beef or wine, traditional products like yerba mate or dulce de leche, or even tango moves and … [Read more...] about Argentina Is Becoming a Hub for Knowledge-Based Services