Disproportionate Impact: Catalyzing Innovative Private Sector Development in Latin America and the Caribbean 2007-2015

The year 2020 will be remembered as one of the most challenging in modern history. Latin America and the Caribbean lost 7.4% of GDP, the largest drop on record in a single year. The region is expected to recover in 2021 but faces a hazardous time ahead. Most countries will require some type of adjustment to maintain fiscal sustainability. While the way forward will be challenging, this report not only details the risks but also outlines a set of policies that should help countries realize a stronger recovery, not just to the low growth rates of the pre-pandemic period, but to higher rates of growth that will benefit all, with more efficient public policies, higher productivity in the private sector, and more sustainable economies.

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Nature-based Solutions: Scaling Private Sector Uptake for Climate Resilient Infrastructure in Latin America and the Caribbean

10.18235/0002049 ◽

2019 ◽

Author(s):

Graham Watkins ◽

Mariana Silva ◽

Amanda Rycerz ◽

Katie Dawkins ◽

John Firth ◽

...

Keyword(s):

Latin America ◽

Private Sector ◽

The Caribbean ◽

Resilient Infrastructure

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BUSINESS REGULATION AND ECONOMIC GROWTH: THE INDIRECT EFFECT OF CORRUPTION IN LATIN AMERICA AND THE CARIBBEAN

Journal of Developmental Entrepreneurship ◽

10.1142/s1084946718500036 ◽

2018 ◽

Vol 23 (01) ◽

pp. 1850003 ◽

Cited By ~ 1

Author(s):

YAKIRA FERNÁNDEZ-TORRES ◽

MILAGROS GUTIÉRREZ-FERNÁNDEZ ◽

JULIÁN RAMAJO-HERNÁNDEZ

Keyword(s):

Economic Growth ◽

Latin America ◽

Private Sector ◽

Indirect Effect ◽

Gdp Per Capita ◽

Business Regulation ◽

The Caribbean ◽

Per Capita ◽

Control Of Corruption ◽

Starting A Business

This paper explores how corruption indirectly affects economic growth through business regulation in Latin America and the Caribbean, a relationship that has scarcely been addressed in the literature. Although regulation of the private sector explains GDP per capita, the effect is conditioned by the level of corruption. When the control of corruption is greater, there is an increase in the extent to which bureaucracy when starting a business and trading across borders negatively affects GDP per capita in Latin America and the Caribbean. This finding corroborates the “greasing the wheels” hypothesis.

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One Region, One Commitment: Towards Sustainable Recovery in Latin America and the Caribbean

10.18235/0003653 ◽

2021 ◽

Author(s):

Jennifer Doherty-Bigara ◽

Andrea García Salinas ◽

Daniella Restrepo Duarte

Keyword(s):

Climate Change ◽

Economic Growth ◽

Latin America ◽

Civil Society ◽

Private Sector ◽

Climate Policies ◽

The Caribbean ◽

Sustainable Recovery

In preparation for the next UN Biodiversity Conference (COP15) and UNFCCC Climate Change Conference (COP26), the IDB Group organized “One Region, One Commitment”, a virtual summit to showcase the regions multiple achievements in the climate change and biodiversity agendas in Latin America and the Caribbean. A total of 22 sessions were held throughout 3 days, in which speakers discussed the advanced climate policies that are being promoted by several countries, underscored that the role of the private sector and civil society is indispensable and unpostponable, highlighted the unique opportunity we now have to reflect on the type of recovery we want for the region, and examined how to harmonize sustainability goals with economic growth from multiple fronts. This document provides a brief summary of the main takeaways from the summit. We hope it also serves as a guide to continue learning from the valuable knowledge and experience shared during this event.

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