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. 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
Faced with the economic and trade impact caused by the COVID-19 pandemic and the uncertainty about the reactivation of their economies, countries in Latin America and the Caribbean (LAC) should launch a trading strategy: the new Sanitary Diplomacy. This strategy would comprise a series of initiatives to harmonize international regulations, improve internal sanitary management … [Read more...] about Sanitary diplomacy: a key tool for supporting economic recovery
High value-added foreign direct investment (FDI) creates foreign exchange and increases productivity, employment, exports, and linkages with local companies while encouraging knowledge and technology transfers. FDI is particularly important in Latin America and the Caribbean (LAC), as it is the region’s primary source of external financing, outstripping both international … [Read more...] about How Can Latin America Attract Foreign Investment in Times of COVID-19
Don Heriberto Martinez, a 55-year-old truck driver from El Salvador, spent most of his adult life transporting goods down the Pacific corridor. The corridor is the shortest route between Mexico and Panama, where six billion dollars of commercial goods are transported every year. Martinez usually spends eight days to drive its 3,200 kilometers. On the other hand, Dennis Kimetto … [Read more...] about Who Would Arrive First on a Trip between Mexico and Panama: A Marathon Runner or a Truck Driver?