If I told you that one of the video games your children play, one of the most acclaimed movies you've seen recently, and one of the most popular mobile digital apps in the world were created or co-created by Latin American and Caribbean (LAC) companies, would you believe it? Well, you better believe it because it is true. Globant, a software development company from … [Read more...] about How Latin American businesses can plug in to the digital global economy
Trade Promotion
India: giant trade possibilities
No one thinking seriously about Latin America and the Caribbean’s (LAC) engagement with the global economy can deny the importance of trade, investment, and cooperation with Asia. But why is India often overlooked? The possibilities for deeper ties are immense, as detailed in the study LatIndia: the Future of Cooperation between India and Latin America. India is a 1.3 … [Read more...] about India: giant trade possibilities
The Gulf: A Big Opportunity for Trade
When you think of the main export destinations for Latin America and the Caribbean (LAC), the first countries that come to mind are the United States and China. However, there is a big potential for products from LAC in other parts of the world, including the Gulf countries. True, the geographic and cultural distance between these nations and LAC is considerable, but the … [Read more...] about The Gulf: A Big Opportunity for Trade
Trade globalization and digitalization
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
Promoting E-Commerce in Latin America and the Caribbean
E-commerce is an opportunity to make the global trading system more inclusive. It allows micro-, small, and medium-sized enterprises (MSMEs) to access new markets and consumers, break through geographic barriers, and cut down on intermediaries and transaction costs. An increase in e-commerce in Latin America and the Caribbean would improve the region’s competitiveness by … [Read more...] about Promoting E-Commerce in Latin America and the Caribbean