Covid-19 disruptions, aggravated by the ongoing environmental crisis, have put value chains in the international spotlight, drawing public and private sector’s attention to the need of stronger value chain security and a stronger focus on sustainability. ESG performance has become a central part of this discussion, as the world strives to building more secure and sustainable value chains.
Korea's digital transformation has been effective in responding to the pandemic and helping sustain economic and social development. Korea’s experiences regarding digital transformation provide insights for Latin America and the Caribbean.
We present three selected IDB Group blog entries, on strengthening the resilience of the social infrastructure of the Caribbean, the energy sector and the pandemic's effects on inequality in the region.
We present three selected IDB Group blog entries on the responses of Latin American and Caribbean governments to the pandemic, lessons to be learned from plans for the elderly in France, and women's safety in the region
The Caribbean region has been hit particularly hard by the pandemic, with a deeper economic contraction than Latin America as a whole. The impact has been worse for women-owned/led firms and smaller firms, and supply chain disruptions have significantly affected firm performance.
Open banking, allowing third-party service providers to access financial data from financial institutions through APIs, is growing rapidly thanks to secular global trends and the region’s thirst for innovation.