The countries of Latin America and the Caribbean (LAC) have an incredible opportunity within their reach. By leveraging blockchain technology, they could increase trade within the region and with the rest of the world and help shore up the economic recovery. To help more countries and users understand blockchain better, the IDB’s Integration and Trade Sector and its … [Read more...] about Blockchain technology: a new opportunity for international trade
Search Results for: single windows
The Potential of Intraregional Trade for Improving Food Security in Latin America and the Caribbean
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
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
Trade Liberalization and Diversification, key for Central America
During the 1960s, the countries of Latin America and the Caribbean opted for an economic development strategy based on trade protection. At its core, import substitution sought to protect local industries from foreign competition. Although the region’s economies grew significantly, this growth laid the foundations for the 1980 debt crisis, which was compounded by a series of … [Read more...] about Trade Liberalization and Diversification, key for Central America
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