The role of transportation and logistical infrastructure in global value chains* Basso is a motor valve manufacturer based in Rafaela, Argentina. The company is part of the international value chains of brands like Toyota, Ford, and Ferrari. To meet their commitments to just-on-time delivery, Basso coordinates product storage, transportation, and inventory down to the tiniest … [Read more...] about Global Value Chains: Logistics… It’s Only Logical
Daterra is a Brazilian coffee producer with a business model that includes a large-scale production with socio-environmental responsibility. Daterra took advantage of the arrival in Brazil of Illy caffè, an international reference in terms of quality, to partner in research, improve the quality of its grain and enter the international production chain of the Italian company. It … [Read more...] about How a Brazilian company conquered an international value chain
There’s an exception to every rule, and the old saying about “two economists, three opinions” doesn’t always turn out to be true. The Nobel Prize-winning economists Robert Solow, Edmund Phelps, and Alvin Roth agreed on the importance of regional integration for Latin America’s development, and all three believe innovation to be a key driver for trade. The three experts were … [Read more...] about What do three Nobel Prize winners think about Latin American integration?
When electricity was first popularized at the beginning of the 20th century, there was a huge wave of factories that replaced their steam engines with electrical engines in an effort to increase productivity and modernize operations. However, the initial productivity gains from the electrification were barely noticeable - a phenomenon known in the economics literature as the … [Read more...] about 7 lessons learned on business process reengineering and improvement
A Mexican spends his days in his tiny room in Tijuana trying to control the flight path of a helicopter by hacking it using an Arduino board that he bought for less than US$20. In Buenos Aires, a teenager discovers he can manufacture prosthetic hands at a very low cost with the help of a 3D printer. In Peru, a woman who has not yet turned 30 dreams of helping unemployed women … [Read more...] about Integration and Innovation: the Creative Economy Boom