The international game of hopscotch Policymakers worldwide try to boost economic growth and investment, including by attracting foreign direct investment (FDI). For this purpose, they revise investment laws, reduce administrative burdens, propose new investment incentives schemes, and create and reinvent the agencies charged with promoting and facilitating investment – … [Read more...] about How to create effective investment promotion agencies?
Six Ways to Boost Trade between Latin America and India
The IDB recently published, in partnership with the Export–Import Bank of India (Exim Bank), a study on trade opportunities between Latin America and the Caribbean (LAC) and India. The report yielded results that are highly promising for countries and companies in both subcontinents. Bilateral trade between the two regions has increased twenty-fold in as many years, going … [Read more...] about Six Ways to Boost Trade between Latin America and India
Boosting trade cooperation with Korea
Over the last 20 years, Korea has become one of Latin America and the Caribbean’s (LAC) most dynamic trade partners. Bilateral trade quadrupled, reaching US$43 billion in 2018, and foreign direct investment from Korea in LAC has both increased and diversified. Korea is the Asian economy with the largest network of free trade agreements with LAC countries, with a total of … [Read more...] about Boosting trade cooperation with Korea
Born global companies take center stage
When Esteban Torres and Enrique Santacruz started Fiweex in Asunción, Paraguay, in 2015, they knew that at some point they would have to offer their services in other countries if they wanted the company to grow and be profitable. That’s exactly what happened. The startup, which enables consumers to connect to WiFi in shops, hotels, and restaurants without the need of a … [Read more...] about Born global companies take center stage
Latin Americans: On Board with Trade
How do Latin Americans feel about international trade? Are they in favor of it? If so, to what extent? We asked these questions ourselves at the Inter-American Development Bank, as part of a study on how trade liberalization has impacted Latin America and the Caribbean (LAC) in recent decades. To answer these questions, the IDB added a module on foreign trade to the 2018 … [Read more...] about Latin Americans: On Board with Trade