Media tookit | Unlocking economic development in Latin America and the Caribbean
To sustain the ongoing recovery against short-term headwinds and boost inclusive, productive, and sustainable development in the long term, governments cannot, and should not, act alone. In this context, the Atlantic Council is providing timelier-than-ever insights to highlight the critical role of the private sector in supporting growth and improving lives in Latin America and the Caribbean.
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About the report
How does the private sector perceive Latin America and the Caribbean (LAC)? What opportunities do firms find most exciting? And what precisely can companies do to seize on these opportunities and support the region’s journey toward recovery and sustainable development? To answer these questions, the Atlantic Council collaborated with the Inter-American Development Bank (IDB) to glean insights from its robust network of private-sector partners. Through surveys and in-depth interviews, this report identified five vital opportunities for the private sector to drive socioeconomic progress in LAC, with sixteen corresponding recommendations private firms can consider as they take steps to support the region.
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📈#UnlockingLAC: LAC’s market size and scalability is the top reason that companies find the region attractive for business. Read more about how the private sector can boost growth and build infrastructure in Part 1 of our latest report. Read here ➡ http://bit.ly/3PlT4fd
📶The private sector can work towards #UnlockingLAC’s digital potential by improving digital infrastructure, fostering digital skills, and promoting digital adoption. Learn more about cutting-edge digital partnerships in Part 2 of our latest report ➡ https://tinyurl.com/5n763a9n
⚖Improving perceptions of institutions is critical for #UnlockingLAC’s investment opportunities: business leaders see corruption and political stability as key issues limiting the region. Read how the private sector can strengthen governance in Part 3 of our report ➡ https://tinyurl.com/yxk9dkh3
Regional businesses see reducing inequality as an important area where they can help in #UnlockingLAC’s growth. Explore how the private sector can lead in gender inclusion, SME empowerment, and preparing for future shocks in Part 4 of our report➡ https://bit.ly/3taansn
54% of surveyed businesses said that #climatechange response was a priority for supporting LAC’s development. Read more about how green jobs, the circular economy & more can work together for #UnlockingLAC’s economic prosperity in Part 5 of our report. ➡ https://bit.ly/3RGzCfU
@ACLatAm’s full #UnlockingLAC report identifies five opportunities whereby the private sector can advance regional growth, using exclusive private-sector survey data. Read the report here➡ https://bit.ly/3RvhPsh
On X, formerly known as Twitter? Follow the conversation on @ACLatAm using #ProactiveLAC
The Adrienne Arsht Latin America Center broadens understanding of regional transformations and delivers constructive, results-oriented solutions to inform how the public and private sectors can advance hemispheric prosperity.
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