Don Heriberto Martinez, a 55-year-old truck driver from El Salvador, spent most of his adult life transporting goods down the Pacific corridor. The corridor is the shortest route between Mexico and Panama, where six billion dollars of commercial goods are transported every year. Martinez usually spends eight days to drive its 3,200 kilometers. On the other hand, Dennis Kimetto … [Read more...] about Who Would Arrive First on a Trip between Mexico and Panama: A Marathon Runner or a Truck Driver?
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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
Why Orderly Relations with Neighboring Countries Are Important for Trade
To learn more about this issue, see chapter 6 of Out Of the Border Labyrinth, a report published by the IDB’s Integration and Trade Sector, and IDB Working Paper series no. IDB-WP-704, “Transit Trade.” International transit systems International trade between neighboring countries is dominated by overland transportation, whereby goods are frequently shipped through … [Read more...] about Why Orderly Relations with Neighboring Countries Are Important for Trade
A New Trade Agenda: How Latin America Can Engage Beyond Traditional Free Trade Agreements
When people talk about integration in Latin America, the discussion is abuzz with talk of the Pacific Alliance (PA), an integration initiative among Chile, Colombia, Peru and Mexico that has become a model of a modern approach to regional integration. Not only has the PA removed traditional trade barriers — the group eliminated tariffs on 92 percent of traded goods and … [Read more...] about A New Trade Agenda: How Latin America Can Engage Beyond Traditional Free Trade Agreements
From Lambayeque to France: Making the Export Leap Through Exporta Fácil
To learn more about this issue, see chapter 4 of Out Of the Border Labyrinth, a report published by the IDB’s Integration and Trade Sector, and IDB Working Paper series no. IDB-WP-701, “Posts as Trade Facilitators.” Pítipo is a district with a largely rural population of 20,000 in Lambayeque department, in the north of Peru. In 2011, a group of women from the area managed to … [Read more...] about From Lambayeque to France: Making the Export Leap Through Exporta Fácil