Why do companies like the Brazilian aeronautics giant Embraer, the Mexican building materials company CEMEX, or German vehicle manufacturer Volkswagen invest abroad? … [Read more...] about Why do companies invest abroad and how does it impact development?
If you would like to find out more about FDI and hear some of the region’s success stories, why not join the IDB’s free, online course Foreign Direct Investment As a Driver for Development in Latin America and the Caribbean (course in Spanish), which begins on March 15, 2018. Sign up here (link in Spanish) and we’ll see you on March 15. Over the last 20 years, foreign … [Read more...] about Foreign Investment: How to Attract It and Make Good Use of It
After decades of deepening regional integration in Europe, in 2016 voters in the United Kingdom (UK) chose to leave the European Union (EU). The UK is now triggering EU Treaty Article 50 to bring its five decades of EU membership to a close within two years. And in January 2017, the president of the United States announced his country’s withdrawal from the Trans-Pacific … [Read more...] about What’s the future of Free Trade Agreements?
Trade agreements cover 70% of all trade in Latin America and the Caribbean (LAC). Of the 270 free trade agreements (FTAs) currently in effect around the world, more than 70 include LAC countries. Let’s look at five reasons why trade agreements matter to LAC. 1) Trade has enormous potential for economic development and poverty reduction. Latin America is a recent example of … [Read more...] about Five Reasons Why Trade Agreements in Latin America and the Caribbean Matter