The participation of stakeholders and vulnerable communities in the design of projects and in the value chain, accompanied by a commitment to diversity and a robust sustainability policy, are an ethical imperative, but also the best way to achieve business objectives. Businesses, the economy, and the world win when inclusion and sustainability policies intertwine with… Seguir leyendo Seven Factors that Make Inclusion a Winning Strategy for Business
Categoría: Economy
Global Economy Remains Resilient Despite Uneven Growth, Challenges Ahead
Despite gloomy predictions, the global economy remains remarkably resilient, with steady growth and inflation slowing almost as quickly as it rose. The journey has been eventful, starting with supply-chain disruptions in the aftermath of the pandemic, an energy and food crisis triggered by Russia’s war on Ukraine, a considerable surge in inflation, followed by a… Seguir leyendo Global Economy Remains Resilient Despite Uneven Growth, Challenges Ahead
IDB Invest and Banco Promerica Announce the First Sustainable Bond with Incentives Linked
IDB Invest subscribed the first sustainable bond with incentives linked to objectives issued by Banco Promerica S.A., to support green and social projects in Guatemala. IDB Invest participated with a total amount of $30 million and mobilized up to $20 million from LAGreen. Banco Promerica is the first financial institution to issue a bond of… Seguir leyendo IDB Invest and Banco Promerica Announce the First Sustainable Bond with Incentives Linked
Multilateral Development Banks Deepen Collaboration to Deliver as a System
The leaders of 10 multilateral development banks (MDBs) today announced joint steps to work more effectively as a system and increase the impact and scale of their work to tackle urgent development challenges. In a Viewpoint Note, the leaders outlined key deliverables for joint and coordinated action in 2024 and beyond, building on the progress since… Seguir leyendo Multilateral Development Banks Deepen Collaboration to Deliver as a System
Championing Pro-Growth Tax Policy Ahead of 2025 Fiscal Cliff
The 2024 Tax Policy Summit convened current and former members of Congress and industry professionals to kick off the Chamber’s major education and advocacy effort in support of pro-growth tax policies. With an estimated $4.5 trillion* in individual, business, and estate tax provisions scheduled to expire at the end of 2025, the Chamber recently convened leading tax… Seguir leyendo Championing Pro-Growth Tax Policy Ahead of 2025 Fiscal Cliff
Latin America’s Shifting Demographics Could Undercut Growth
Latin America’s workforce grew by nearly 50 percent in the two decades before the pandemic, helping boost economic growth. Now demographic trends are turning, and likely to weigh on growth in the coming years. We expect growth in Latin America to average about 2 percent per year in the next five years, below its already… Seguir leyendo Latin America’s Shifting Demographics Could Undercut Growth
Championing Pro-Growth Tax Policy Ahead of 2025 Fiscal Cliff
With an estimated $4.5 trillion* in individual, business, and estate tax provisions scheduled to expire at the end of 2025, the Chamber recently convened leading tax practitioners, policymakers, and advocates for a Tax Policy Summit to set the tone for the 18-month education and advocacy blitz we are spearheading in the lead up to the 2025 fiscal… Seguir leyendo Championing Pro-Growth Tax Policy Ahead of 2025 Fiscal Cliff
Enhancing Entrepreneurship: AI’s Big Impact on Small Business
Running a small business is no small feat. Every day, small business owners wear multiple hats: the visionary, the accountant, the marketer, and the customer whisperer, among others. And the fruit of this toil does not go unnoticed. These seemingly modest enterprises are creating jobs, driving economic growth, and empowering the communities they serve. While… Seguir leyendo Enhancing Entrepreneurship: AI’s Big Impact on Small Business
Retroactive Tax Legislation Would Help U.S. Small Businesses
Congress must seize this opportunity to enact H.R. 7024 and retroactively restore R&D expensing for American small and midsize businesses. The U.S. Senate must act quickly on the Tax Relief for American Families and Workers Act of 2024 (H.R. 7024), which would provide critical, long-awaited support and certainty to American small and midsize businesses. Since 1954, American… Seguir leyendo Retroactive Tax Legislation Would Help U.S. Small Businesses
The Digital Maturity of Financial Institutions Is Key for Vulnerable Populations to Access Financial Services
Banking institutions in Latin America and the Caribbean that achieve digital maturity would help increase the financial inclusion of vulnerable groups, opening up new business opportunities. This is one of the key conclusions of Digital Transformation Study for Financial Inclusion in Latin America and the Caribbean carried out by IDB Invest and NTT Data. The study surveyed more… Seguir leyendo The Digital Maturity of Financial Institutions Is Key for Vulnerable Populations to Access Financial Services