UNLOCKING ECONOMIC DEVELOPMENT IN LATIN AMERICA AND THE CARIBBEAN: - Five Opportunities

6 ATLANTIC COUNCIL INTRODUCTION UNLOCKING ECONOMIC DEVELOPMENT IN LATIN AMERICA AND THE CARIBBEAN BOX 1: Partnerships at the IDB The report is the product of a close collaboration between the The IDB works with its private-sector partners in many ways, Atlantic Council and the IDB. [...] size and scalability are LAC’s most important attractive factor, Optimists and pessimists also disagree on a number of LAC’s indicating the need for the private and public sectors to sustain strengths and weaknesses, and attach different relative weights and further this opportunity. [...] Already the main suppliers and builders of infrastructure assets in LAC, private firms are increasingly Consistent with ABD recommendations, companies including contributing to the provision and improvement of infrastructure Telefónica and Bayer indicated that the improvement of hard services and delivery.17 For example, public-private partnerships infrastructure should be accompanied by the strea. [...] For instance, sourcing from Mexico and Central America while providing supplier well-designed PPP frameworks and projects, coupled with solid training in the region.28 financing structures and risk-mitigation tools, can incentivize private-sector and foreign investment in connectivity and other To help companies operating in the region capitalize on the types of hard infrastructure. [...] However, through their SMEs to winning solutions, as well as to the business acumen direct link to the employment, income, and wellbeing of employees, and resources of leaders from the food and beverage industry, firms can effectively cushion the impact of these shocks on lives including AB InBev, Arca Continental, the Central America Bottling and livelihoods.