The annual meeting of the IDB’s Board of Governors is the ideal time to reflect on the strategic challenges facing Latin America and the Caribbean (LAC) and the agenda for addressing them. President Ilan Goldfajn opened this year’s meeting by highlighting that LAC may be at a turning point: “There is a great opportunity for the region to become part of the solution to shared … [Read more...] about The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
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Staying afloat? Opportunities in the Maritime Transport Sector in the Americas
In the first quarter of 2017, global trade experienced an uptick in the value of goods being traded. This rise, the first since 2014, is the result of higher commodity prices and slightly stronger demand from emerging economies. Prior to this – between the great recession and 2014 – global trade expanded robustly both in terms of value and volume. This volatility in global … [Read more...] about Staying afloat? Opportunities in the Maritime Transport Sector in the Americas
How can we make digital trade more inclusive?
The rapid growth of the internet and other information and communication technologies (ICTs) is changing the way we do business, consume, produce and interact with one another. ICTs are reducing traditional trade barriers like distance and time, allowing businesses and consumers around the globe to connect and trade. This has led to the rapid growth of digital trade, or … [Read more...] about How can we make digital trade more inclusive?
Four Core Features for a Smart Regionalism: MERCOSUR Futures
We are living through a technological revolution, so does it make sense to think about integration in Latin America the way we did 25 years ago? Back then, when the MERCOSUR was created, there was no e-commerce, no sharing economy, no Internet of Things, and no artificial intelligence. Big data for logistics was science fiction and no one had heard of additive manufacturing. … [Read more...] about Four Core Features for a Smart Regionalism: MERCOSUR Futures
Increasing the Involvement of Latin American Companies in Global Value Chains
The fragmentation of production processes is an enormous opportunity for countries and companies wishing to put themselves on the global manufacturing and export map What might a vehicle part, a jacket with motion sensors for gaming, a quinoa harvest, or software for managing dairy cattle have in common? All these goods and services are “Made in the Americas,” a marketing … [Read more...] about Increasing the Involvement of Latin American Companies in Global Value Chains