the mif blog

Stories of inspiring entrepreneurs and organizations, discussion and commentary of new trends in private sector development, and the latest events and publications.

Derisking Threatens Caribbean Banking Sector and Trade

By Guest

By Allan Wright

Allan Wright, country economist for The Bahamas at the Inter-American Development Bank, discusses the impact of derisking strategies on the Caribbean:

Making each transfer count – How Bancolombia helps transnational households save and invest

By Lukas Keller

Imagine Juan Pablo and Carolina, a typical Colombian working-class couple and parents of two living in Medellín. After years of saving, the two wish to finally buy a house for their family in a quiet suburb of the city. The property the couple is looking to buy costs around five times the amount they can put together, which is why they approach their bank, Bancolombia, about the terms of a mortgage loan to cover the outstanding amount.

Venture Capital: Driving Economic Growth

By Yuri Soares

Startups and scale-ups create the vast majority of jobs in the formal economy, providing, on average, 66 percent of jobs worldwide and the greatest share of jobs in low-income countries. Moreover, small and medium-sized enterprises are important not just for job creation, but also for economic growth, thanks to their outstanding capacity to increase productivity through innovation. 

The Rise of Social Enterprise Accelerators

By Ignacio Fernandez Admetlla

By Amparo de San José and Ignacio Fernández Admetla 

The drive some have to solve a social or environmental problem while creating their own personal project is the seed of all social entrepreneurship. However, in order to channel entrepreneurial spirit and aspirations, and foster a culture that facilitates and promotes them, there are different actors playing instrumental roles: public agencies, universities, incubators, financing intermediaries for entrepreneurs and, more recently, accelerators.

The Challenge and the Opportunity of Private Sector Climate Resilience

By Steve Wilson

How does the private sector anticipate and build climate resilience in the face of increasing risks, such as cyclonic winds, flooding and storm surge, drought, heat waves, sea level rise and wildfires?  Answering this question depends very much on whom you ask. In public policy circles, private actors are often characterized as relatively unconcerned about the threat of climate change, more focused on short-term financial results, and discounting climate risk as an issue in the distant future.