Trends

Gender equality is no longer a choice for companies. It is not only about fairness, but about business success.

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:

By Jimena Serrano and Sanola Daley 

Companies in Latin America cannot find the human talent they’re looking for. An international survey of 41,000 companies found that more than 60% of employers in countries like Brazil and Peru have problems filling vacancies. In Costa Rica, more than 45% of the companies surveyed are dealing with this—they simply cannot find the right people.

By Rachel Robboy

Many aspects of the Panama Canal expansion make it stand out. The 7-year project to add a third lane to accommodate giant ships with triple the cargo capacity is the largest infrastructure project in Latin America and the Caribbean, costing over $5 billion. It brings in 22 percent of Panama’s national gross domestic product, allowing the country to grow at 6 percent in a year when the rest of the region is slowing down.

By Andrew Morrison

Andrew Morrison is the Gender and Diversity Division Chief at the Inter-American Development Bank (IDB). Prior to joining the IDB, he worked at the World Bank as Lead Economist in the Gender and Development Group and as Regional Gender Coordinator for Latin America and the Caribbean. He also has worked as an associate professor of economics at Tulane University and the University of New Mexico (U.S.)