Posts by Development Impact
Development Effectiveness: Adding Value beyond Financing
A new private sector In his recent annual letter to CEOs, Larry Fink, the founder and CEO of the investment firm BlackRock, called on companies to incorporate both profit and purpose into their business strategies. “Society is demanding that companies, both public and private, serve a social purpose. To prosper over time, every company must not only deliver financial performance, but also show how it makes a positive contribution to society.”
Three Ways to Support the Resilience of MSMEs to Overcome COVID-19
For MSMEs, the response to COVID-19 requires not only ensuring their survival in the short term, it also requires evaluating possible scenarios to align recovery efforts. For this, it is essential to strengthen their resilience.
Caribbean Tourism: The Private Sector Cannot Do It Alone
Caribbean economies that heavily depend on tourism require meaningful public stimulus. One key to recovery is to keep businesses solvent.
Regional Tourism Industry Binds Together to Overcome COVID-19
As tourism awaits the reopening of economies, it’s crucial to stay close to industry stakeholders, to understand how they are handling the pandemic and mitigating the impact on the business, employees and the community at large. One thing is clear: no one has the luxury to stand on the sidelines as a spectator.
How the COVID-19 Crisis Can Change the Private Sector for the Better
This is one of the few moments in history when no individual or institution can stand on the sidelines. Let’s use this collective motion to push ourselves to innovate.
IDB Invest Moved its Headquarters to Kingston for a Few Weeks
When IDB Invest launched in 2016, we saw success as doing more business in the Caribbean. To achieve this big goal, we first needed to focus on the small victories.